FACEBOOK HAS BLOCKED THE APP FROM ACCESSING USER DATA
In a statement given to The Verge, a spokesperson for the social network said: "We have made sure anyone using this app is protected by our guidelines and that no Facebook user data is used to assess their eligibility. Facebook accounts will only be used for login and verification purposes. Our understanding is that Admiral will then ask users who sign up to answer questions which will be used to assess their eligibility.”
According to a report from The Guardian, the algorithms used by firstcarquote were designed to scan the posts and likes of Facebook users in order to judge their character. Habits such as writing in short concrete sentences, using lists, and mentioning specific locations were seen as positive traits, correlated with conscientiousness. But if users frequently used exclamation marks or definitive language like "always" and "never" they would be judged to be over-confident instead, and would not get a discounted rate.
"VERY MUCH A TEST PRODUCT."
Dan Mines of Admiral Insurance told The Guardian the scheme was "very much a test product," and noted that the data would only ever be used to provide a discount, not to increase the amount of money a first-time driver would pay. "This is innovative, it is the first time anyone has done this," said Mines. "We don’t know if people are prepared to share their data."
Admiral Insurance is not the first company to use social media data in this way. Earlier this year, a UK startup launched a set of tools for landlords that analyzed information from Facebook, Instagram, Twitter, and LinkedIn accounts to assess how likely individuals were to repay their rent. And while social media posts may be a relatively inaccurate way of judging an individual’s personality or credit-worthiness, there are other types of data available. Wearable technology and fitness trackers, for example, are being looked at by insurers as a way of tracking customers' health and encouraging fitness.
We’ve reached out to Admiral Insurance for comment on this story and will update it when we hear more.
by James Vincent / theverge.com