Insurance firms can skim your online data to price your insurance — and there’s little in the law to stop this

What if your insurer was tracking your online data to price your car insurance? Seems far-fetched, right? Yet there is predictive value in the digital traces we leave online. And insurers may use data collection and analytics tools to find our data and use it to price insurance services. Looking at several examples from customer loyalty schemes and social media, we found insurers can access vast amounts of consumer data under Australia’s weak privacy laws. Read More