Does Tesla have an edge in insurance?

Moodys says TELSA and other auto manufacturers have an advantage over incumbent insurers. Connected Cars are furnishing powerful information. This information is handy from an insurance perspective - providing powerful insights about risk. Slicker digital interfaces allow for the prospect of truly “embedded” offers, that are low friction and easy for consumers. And manufacturers have a fair bit of information about how cars are built and access to parts, and EVs will change important facets of vehicle repair.
That said, historically auto manufacturer forays into auto insurance have not been particularly succesful. It is not the main game when selling a car, insurance margins are thin and 60-80 cents in every dollar goes to claims - and repairing cars can be “messy”. So will privelaged access to powerful data, better digital interfaces and the shift to EVs mean auto manufacturers can make a better fist of insurance this time around? Do they pose a real challenge for incumbents? Source: Insurance Journal