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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02 août 2017

What is driving risk and why most apps DO NOT measure it although they seem to be interesting

What is driving risk and why most apps DO NOT measure it although they seem to be interesting Driving risk assessment is now of interest of : . telematics solutions providers . fleet managers (for prevention) . car insurers (for prevention, and UBI) A lot of applications then explain how they estimate driving risk. But, by the way, what is driving risk ? A lot of people seem to think that driving risk and accident are quite the same. If I observe accident, then I will learn and do stats and find a way to estimate driving risk.... [Lire la suite]
01 août 2017

The Future Trends of Usage Based Insurance and Telematics

The Future Trends of Usage Based Insurance and Telematics 3 Reasons Usage Based Insurance is Driving Global Telematics Market Growth It’s not hard to understand and forecast why usage based insurance (UBI) — otherwise known as behaviour-based insurance or pay-as-you-drive (PAYD) — is becoming popular among North American drivers and rest of the world. With improved governmental regulations and technology market penetration the industry estimates the automotive telematics market is expected to grow at a CAGR of 23 –... [Lire la suite]
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30 juin 2017

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]

03 juin 2017

NEXYAD presenting SafetyNex to EURAPCO mutual insurance companies

NEXYAD presenting SafetyNex to EURAPCO mutual insurance companies NEXYAD presented the unique real time driving risk assessment system SafetyNex to EURAPCO mutual European insurers, in Paris SafetyNex is a real time accident prevention systems that warns the driver before danger (letting time to slow down and avoid accident).   Road Safety studies show that SafetyNex can reduce accident rate by... [Lire la suite]
22 avril 2017

Telematics trends in the UK

Telematics trends in the UK Usage of telematics is growing quickly in the UK, targeting young drivers and addressing some of the issues created by the new EU gender directive. What is telematics insurance? Telematics insurance requires the installation of a device on the vehicle, commonly called a “Black Box”. This device communicates with on board instruments to monitor a series of parameters like hours of the day when the vehicle is driven, the distance driven, they type of roads where the car is driven and the speed of the... [Lire la suite]
22 mars 2017

5 stars rating of NEXYAD by EARLY METRICS

5 stars rating of NEXYAD by EARLY METRICS    The high-tech startup NEXYAD has been rated by the rating agency EARLY METRICS and is in the top 2%of all rated startups ever (81/100, five stars). NEXYAD is member of MOV'EO and member of the Groupement ADAS. NEXYAD has several high applied maths level algorithms/products : . SafetyNex (http://www.safetynex.net) : available on smartphones and soon into professional devices.  SafetyNex is a real time driving risk assessment telematics system and a vocal alert assistant... [Lire la suite]
09 mars 2017

The New Paradigm of Connected Insurance

The New Paradigm of Connected Insurance Connected insurance represents a new paradigm for the insurance business. This new insurance approach is based on the use of sensors for collecting and transmitting data on the status of an insured risk and the deployment of big data capabilities that transform raw information into actionable knowledge along the insurance value chain. The insurance sector, which is considered to be fairly traditional and resistant to change, is currently being overtaken by this transformative paradigm.... [Lire la suite]