18 janvier 2020

Usage-Based Car Insurance in India

Usage-Based Car Insurance in India The motor insurance industry is witnessing a fast progress and innovative technological development in the recent years. With multiple new concepts launched for both the insurer and the drivers, this industry is seeing new dimensions. Though very less is known about the Usage-Based car insurance, this is an innovative concept which can change the future of motor insurance industry. This concept mainly works on the basis of telematics and RF technology to understand the driving nature as well as the... [Lire la suite]
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15 décembre 2019

Opinion | Why driverless cars make sense for India

Opinion | Why driverless cars make sense for India More than two years back, the then minister for road transport and highways Nitin Gadkari, said driverless cars will not be allowed in India because the government is not going to promote any technology that comes at the cost of jobs. On Wednesday, in his second innings as a minister holding the same portfolio, Gadkari simply reiterated this stance. His argument was similar to what he said two years back -- the country has 40 lakh drivers and there is a shortage of 25... [Lire la suite]
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02 décembre 2019

India Two-Wheeler Sharing Market Predicted to Meet $94 Million by 2025

India Two-Wheeler Sharing Market Predicted to Meet $94 Million by 2025 NEW YORK, Oct. 03, 2019 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, the Indian two-wheeler sharing market share was valued at $19.2 million in 2018, which is projected to reach $94.0 million by 2025, witnessing a CAGR of 20.2% during the forecast period (2019–2025). In the vehicle type, the motorcycle/scooter category dominated the market during the historical period. During the forecast period, the... [Lire la suite]
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20 novembre 2019

Competing in a new age of insurance: How India is adopting emerging technologies

Competing in a new age of insurance: How India is adopting emerging technologies With written gross premiums of USD 94.48 billion in FY18, the Indian insurance industry is the fifteenth largest in the world in terms of premium volume.1 Owing to rising awareness, innovative products and a proliferation of distribution channels, the insurance industry in India is expected to reach newer heights by 2020.2 Though insurance reach is still low in the country and there exists a huge untapped market, government policies of financial... [Lire la suite]
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04 novembre 2019

Mando advances into ADAS market in India

Mando advances into ADAS market in India To provide AEB radar and camera to Mahindra Developing devices to detect large animals on the road SEOUL, South Korea, April 17, 2019 – Mando Corp., a company specializing in automobile parts, has announced on April 15 that it concluded a contract for supply of ADAS (Advanced Driver Assistance System) to Mahindra & Mahindra Ltd. of India. With the signing of the contract, Mando will advance into the ADAS market in India and increase the mounting... [Lire la suite]
24 septembre 2019

How Much Can Telematics Help India Save on Car Insurance Costs?

How Much Can Telematics Help India Save on Car Insurance Costs? Data and connectivity are fast becoming the currency and profit of the future. Organisations who can move fast will achieve competitive advantage in pricing and in processes. They will be able to use analytics and motor telematics programmes beyond just customer attraction, and deliver highly-valuable insurance products that attract the best risks, and mitigate against the worst risks. As insurance markets worldwide mature, they tend to progress from asset-based risk... [Lire la suite]

31 août 2019

Asia Pacific Automotive Usage-Based Insurance (UBI) Market to 2027

Asia Pacific Automotive Usage-Based Insurance (UBI) Market to 2027 The increasing demand for mobility-as-a-service (MaaS) and various type of insurance premium policies are boosting the growth of the automotive UBI market. Moreover, the strategic partnerships among insurance companies and telematics companies are anticipated to propel automotive UBI market growth in the forecast period. In the last few years, the consumer behavior towards intercity and intracity transit has been transformed to a newer level. A significant... [Lire la suite]
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02 août 2019

TI Automotive in India (Pune)

TI Automotive in India (Pune) 28-29 August 2019 NASSCOM CoE-IoT & Telematics Wire are jointly organizing the 9th edition of 'TI Automotive' on 28th – 29th August 2019 at Pune. TI Automotive is India's largest B2B / Business Networking platform for the vehicle telematics, ADAS & Autonomous vehicle industry. It will be the go-to-platform for developing partners and alliances across the country in vehicle tracking, vehicle diagnostics & maintenance, safety & security and more. It is the biggest platform for showcasing... [Lire la suite]
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28 mai 2019

Vodafone Idea and Hyundai AutoEver India partner

Vodafone Idea and Hyundai AutoEver India partner   Vodafone Idea and Hyundai AutoEver India (HAEI) have signed an exclusive partnership for Connected Car Services with Hyundai Blue Link Technology Vodafone Idea is one of India’s leading telecom service providers and Hyundai AutoEver India is an automobile sales internet company and is a subsidiary of Hyundai Motor Group. The companies signed exclusive partnership for the India debut of Blue Link Connected Technology with the recently launched Hyundai VENUE – Smart Connected... [Lire la suite]
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06 mai 2019

ADAS (Advanced Driver Assistance System) To Become Mandatory In India Read more at: https://www.drivespark.com/four-wheelers/20

ADAS (Advanced Driver Assistance System) To Become Mandatory In India ADAS To Become Standard In Indian Cars: Minister of Road Transport and Highways of India, Nitin Gadkari, shared that the government is planning to make ADAS (Advanced Driver Assistance System) as a mandatory feature in upcoming cars. The ministry aims to implement the plan on all new vehicles (heavy-duty included) by early-2022.ADAS is a safety package which includes features such as Electronic Stability Control (ESC) or traction control, ABS, lane assist and... [Lire la suite]
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