Slide 1

Overview of Ride-sharing, Regulation, Insurance and Science Casualty Actuaries of the New England Spring Meeting Frank Chang, Lead Actuary, Uber Brad Nail, Insurance Policy Manager, Uber March 23, 2015

Slide 2

The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the antitrust laws. Seminars conducted under the auspices of the CAS are designed solely to provide a forum for the expression of various points of view on topics described in the programs or agendas for such meetings. Under no circumstances shall CAS seminars be used as a means for competing companies or firms to reach any understanding expressed or implied that restricts competition or in any way impairs the ability of members to exercise independent business judgment regarding matters affecting competition. It is the responsibility of all seminar participants to be aware of antitrust regulations, to prevent any written or verbal discussions that appear to violate these laws, and to adhere in every respect to the CAS antitrust compliance policy. // CAS ANTITRUST NOTICE

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Overview How Ride-Sharing Works Ride-Sharing Impact On Insurance Market Legislative and Regulatory Developments

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Limo / LiveryTaxiRideshare / TNC/ P2P Traditional licensed livery / black car operators Traditional taxisPart-time operators using their personal vehicles Partner drivers: 201020112013Launch: Traditional commercial auto for livery Traditional commercial auto for taxi Personal auto + non-owned commercial auto Insurance How Ride-Sharing Works: Uber // UBER PRODUCT CATEGORIES

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User sets pickup locationUser confirms request and method of payment Request is sent to closest available driver How Ride-Sharing Works: Uber // DETAILED FLOW - REQUESTING A CAR

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User can track driver progress in real-time User is notified when driver is close to pickup location ETA displayed to user during trip How Ride-Sharing Works: Uber // DETAILED FLOW - DRIVER ARRIVING AND BEGIN TRIP

Slide 7

Fare is displayed and user is prompted to rate ride experience If rating