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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09 juillet 2018

UBI creates chance for insurers to partner with automakers

UBI creates chance for insurers to partner with automakers Lots of new cars now come equipped with connected features or advanced driver-assisted systems (ADAS) – and this is changing the way auto insurers handle policies.Traditionally, auto insurance policies have been based on driver characteristics like demographics, personal information and history. With the emergence of usage-based insurance (UBI), insurers have started to incorporate driving behavior data such as speed, hard braking and other contextual factors.As... [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 mars 2018

UBI creates chance for insurers to partner with automakers

UBI creates chance for insurers to partner with automakers Lots of new cars now come equipped with connected features or advanced driver-assisted systems (ADAS) – and this is changing the way auto insurers handle policies.Traditionally, auto insurance policies have been based on driver characteristics like demographics, personal information and history. With the emergence of usage-based insurance (UBI), insurers have started to incorporate driving behavior data such as speed, hard braking and other contextual factors.As... [Lire la suite]
24 janvier 2018

Connected car / Telematics : use case of a car insurer that deploys SafetyNex

Connected car / Telematics : use case of a car insurer that deploys SafetyNex Car insurers are interested in : . prevention : reducing accident rate is a real need, all accident, and particulary those that lead to personal injuries . data : SafetyNex records risk profiles and usafe profiles Here is a short video that shows how a car insurer can use and take benefits of SafetyNex deployment : SafetyNex episode 3 : The Car Insurer's Choice
11 janvier 2018

The Future Of Car Insurance: Digital, Predictive And Usage-Based

The Future Of Car Insurance: Digital, Predictive And Usage-Based Imagine shopping for your next car insurance and the car company offers an insurance that connects a black box, dongle or a mobile phone app, which tracks how you drive, and saves you up to 30 percent on premiums. This, in essence, is the future of connected car insurance, also called usage-based car insurance (UBI), whereby based on how you drive, when you drive and where you drive, you will receive a competitive quote if you are what the technology deems a ‘safe... [Lire la suite]
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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]
19 septembre 2017

Course Academic Chair : collaboration between MOVEO Groupement ADAS and INSA Rouen

Course Academic Chair : collaboration between MOVEO Groupement ADAS and INSA Rouen Groupement ADAS startups and SMEs send their expert to INSA Rouen to teach industrial ADAS aspects to future engineers of INSA Rouen Here is Gerard YAHIAOUI, CEO of NEXYAD, presenting 4 ADAS software modules (perception of the environment, and risk estimation) and focusing on the notion of real time risk assessment for car mobility, and all the applications (presentation of the module SafetyNex) : . insurance and fleets prevention programs, and UBI ... [Lire la suite]
04 septembre 2017

ADAS already proving the UBI case

ADAS already proving the UBI case Technology’s role in insurance data gathering, explored by Robert Gray. ADAS features are becoming more commonplace on new vehicles rolling off production lines and while the systems function to help drivers navigate more safely, it’s unclear just how much visibility insurance carriers have on the performance of these next generation enhancements. “Most insurers are happy to give discounts for new features that are proven to reduce their costs but when systems are new such as many ADAS options,... [Lire la suite]
23 août 2017

What is diving risk : key notion for car insurance (prevention, UBI), fleet management, and ADAS

What is diving risk : key notion for car insurance (prevention, UBI), fleet management, and ADAS The French High-Tech startup NEXYAD has been developing a disruptive software API that estimates driving risk in real time : SafetyNex  But to understand what driving is, it is important to watch the three following anime videos : indeed, you can see 3 driving situations and above the car, you can see the risk estimated by SafetyNex (NEXYAD).  unlucky risky driver :  Lucky risky driver : Cautious driver : Note :... [Lire la suite]
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