Comment by max_
1 year ago
>Sure, the car company will homomorphically encrypt your driving data when it sends it to its own servers.
You can encrypt the data such that the insurance companies cannot target any particular individual (which is my problem her) but they can use the data to improve their insurance pricing models.
I have no problem with a health insurance company using population data to find out how many are susceptible to say cancer.
But I have a problem when they use this data to over price a particular individuals insurance because their gene say that they are susceptible to cancer.
> encrypt the data such that the insurance companies cannot target any particular individual (which is my problem her) but they can use the data to improve their insurance pricing models
We already have population claims statistics, a product of regulations that require reporting. What insurance companies want is discrimination within the variation.