The paper addresses the research question of whether black boxes affect the market efficiency, particularly by reducing the level of premiums. The case analyzed is the Italian motor-vehicle insurance market, characterized by the greatest amount of black boxes in the world as a consequence of regulatory interventions that fostered the spread of these kinds of devices. Particularly, using the data provided by the Italian Insurance Authority (IVASS), we show a specific relation between the increasing number of these devices and the decreasing trend in average premium. Conclusive remarks outline that in the near future this efficiency effect may increase because of the specific use of information derived from the black box that reveals the behaviors of the drivers and allows for innovative ways of individually profiling the insurance policies.

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黑匣子和市场效率：对意大利汽车保险市场保费的影响

该文件解决了有关黑匣子是否会影响市场效率的研究问题，特别是通过降低保费水平。分析的案例是意大利的汽车保险市场，其特征是，由于监管干预促进了这类设备的普及，世界上黑匣子数量最多。特别是，使用意大利保险局（IVASS）提供的数据，我们显示了这些设备数量的增加与平均保费下降趋势之间的特定关系。结论性总结指出，由于黑匣子信息的特殊使用，在不远的将来，这种效率效应可能会增强，该信息揭示了驾驶员的行为，并提供了创新的方式来单独描述保险单。