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  • Pay-As-You-Drive Insurance and Usage-Based Insurance: A Look at Two Recent Articles in the NAAJ
    Implications,” Cheng et al. focus on the development of a dynamic theoretical PAYD model. They then use their model ... insurance. The PAYD model developed by Cheng et al. is dynamic. That is, the premium is adjusted at various points ...

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    • Authors: Anthony Cappelletti
    • Date: Dec 2022
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: General Insurance Insights
    • Topics: General Insurance (Property & Casualty); General Insurance (Property & Casualty)>Classification; General Insurance (Property & Casualty)>Pricing/ratemaking - General Insurance