20 février 2019

The hard truth on insurance and telematics

The hard truth on insurance and telematics Whiplash, staged accidents, Ogden, fronting, ghost broking – you name it, motor insurers have been having a rough time of it.  Not only that but they have been getting it, rather ironically, ‘in the neck’ for encouraging a compensation culture in the UK that has seen claims costs spiral and premiums reach record-breaking levels.   Search and compare product listings for Motor Insurance from specialty market providers here While Government reforms are underway to help tackle some... [Lire la suite]
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04 février 2019

Computing onboard, in real time, the risk that the driver is currently taking

Computing onboard, in real time, the risk that the driver is currently taking There is a software component called SafetyNex that can compute onboard (and not on the cloud), in real time (and not on a back office server one week after), at each moment (i.e. 20 times per second), the risk that driver is currently taking. This driving risk is computed with anticipation. The software component is called SafetyNex, proposed by the company NEXYAD (We Save Lives). If driver is a human being, it has been shown that alerting driver a few... [Lire la suite]
11 janvier 2019

What is Connected Car Insurance? | Insurance Telematics

What is Connected Car Insurance? | Insurance Telematics Encourage Safer, Smarter and Greener Driving Behavior What is Connected Car Insurance?  Connected car insurance is a technology-driven automobile insurance leveraging the Internet of Things (IoT) whereby insurance premiums are dependent on driver behavior. Connected car insurance programs are intended to reward and promote safer and smarter driving behavior, while enabling auto insurance customers to receive potential discounts and savings to their monthly premiums based... [Lire la suite]
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26 décembre 2018

NEXYAD excutive pitch : Driving risk computing and artificial perception for intelligent véhicule

NEXYAD excutive pitch : Driving risk computing and artificial perception for intelligent véhicule Here is th executive pitch of NEXYAD : Artificial Intelligence Algorithms, markets, business model, mission. (we save lives) NEXYAD provides the only software module in the world that compute at each moment, and with anticipation, the risk that the driver is taking. Driver may be human or not. . human driver : SafetyNex is used to alert driver in real time (Vocal Driving Assistant), letting time to slow down before dangerous... [Lire la suite]
08 octobre 2018

Facebook forces Admiral to pull plan to price car insurance based on posts

Facebook forces Admiral to pull plan to price car insurance based on posts Insurer withdraws initiative with hours to go as privacy campaigners criticise ‘intrusive’ attempt to analyse users’ data. Admiral has been forced to scrap plans to use Facebook posts to analyse the personalities of car owners and set the price of their insurance after the social media company said the scheme breached its privacy rules. In an embarrassing U-turn, the insurance firm pulled the product less than two hours before it was due to... [Lire la suite]
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15 juillet 2018

Connected tech to keep car-share drivers in check

Connected tech to keep car-share drivers in check Telematics as a vetting tool in car-sharing fleets explored by Siegfried Mortkowitz. New mobility services are creating new relationships between drivers and vehicles, and potentially between car owners and their vehicles. The rise of who peer-to-peer (P2P) car-sharing has enabled owners to leverage the times their vehicles are idle by allowing strangers to rent them for short periods of time. In P2P relationships, the most important commodity is trust: the car owner must believe... [Lire la suite]
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27 mai 2018

What is Connected Car Insurance? | Insurance Telematics

What is Connected Car Insurance? | Insurance Telematics What is Connected Car Insurance?  Connected car insurance is a technology-driven automobile insurance leveraging the Internet of Things (IoT) whereby insurance premiums are dependent on driver behavior. Connected car insurance programs are intended to reward and promote safer and smarter driving behavior, while enabling auto insurance customers to receive potential discounts and savings to their monthly premiums based on individual driving patterns calculated by their... [Lire la suite]
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16 février 2018

Common car Advanced Driver-Assistance Systems and the impact on your car insurance

Common car Advanced Driver-Assistance Systems and the impact on your car insurance In a recent article, we took a look at car safety ratings and their impact on insurance. Truth be told, in many cases when people start looking for a new car, especially those with a family, the vehicle's safety will be among the most important things considered. In recent years we have seen smart technologies employed in cars with increasing frequency, especially when it comes to safety. Here we take a look at the most commonly requested... [Lire la suite]
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29 décembre 2017

Presentation video of the real time driving risk assessment module SafetyNex

Presentation video of the real time driving risk assessment module SafetyNex SafetyNex estimates driving risk 20 times per second, and alerts driver when risk increases too much, letting time toslow down and avoid accident. NEXYAD has been developing this module that is already under deployment for car insurance and professional fleets (decrease the accident rate because driver is alerted and can avoid some accidents).SafetyNex is also under integration into ADAS (Advanced Driver Assistance Systems) and Autopilots because for those... [Lire la suite]
12 décembre 2017

SafetyNex (real time driving risk assessment smartphone App) can alert driver before danger and then reduce accident rate by 20%

SafetyNex (real time driving risk assessment smartphone App) can alert driver before danger and then reduce accident rate by 20% The company NEXYAD recently launched their smartphone App SafetyNex. SafetyNex analyses driving behaviour in real time and estimates the degree of adequation of this driving behaviour to road context. In the low cost implementation, context is only the road infrastructure configuration : distances, curves, intersections, functionalities of infrastructure (pedestrian crossing, school, ...) and traffic signs... [Lire la suite]