S6E4 - Surveillance pricing is "evil and sinister," explains Justin Kloczko

Insurance pricing in America makes a lot of sense so long as you’re one of the insurance companies. Drivers are charged more for traveling long distances, having low credit, owning a two-seater instead of a four, being on the receiving end of a car crash, and—increasingly—for any number of non-determinative data points that insurance companies use to assume higher risk.

It’s a pricing model that most people find distasteful, but it’s also a pricing model that could become the norm if companies across the world begin implementing something called “surveillance pricing.”

Surveillance...