Admiral launched a new app
which uses social data to tailor car insurance quotes for new drivers 🚗 - which was BLOCKED by Facebook within hours
as it broke data privacy terms
. ⛔ Interesting idea by Admiral to use another new stream of data to tailor deals following the success of black boxes
; but can you really
tell how safe of a driver someone will be from their Facebook profile? Should comments made on social media be able to affect us financially?
Alex Hern, however, argues that Facebook just wants to keep the data for themselves
- rather than particularly care about protecting users’ privacy
. 🤔The Admiral app was an opt-in
option and designed to help first-time drivers get an affordable car insurance offer - so WHY should Facebook deny the public the right to use their own social data?
Using social logins has become common practice for many apps - but apparently only when Facebook are benefiting…🤐
But, conversely, is this just the start of insurers wanting access to more personal data - such as through IoT devices - to MONITOR CUSTOMERS?
Will the future insurance-model revolve around “dataveillance for discounts
”?! For example, where insurers can monitor your fridge for fatty foods
- which then affects your health or life insurance premium. SCARILY viable
. – So was Facebook right to publicly push back
to the potential future dangers of insurance companies collecting more and more personal data