09 mars 2019

Artificial Intelligence in Insurance – Three Trends That Matter

Artificial Intelligence in Insurance – Three Trends That Matter Change is here, more is coming. The insurance market is dominated by massive national brands and legacy product lines that haven’t substantially evolved in decades. Sound familiar? People are already placing bets. Insurance is an industry that venture capitalists consider so ripe for disruption that the founders of Lemonade, a New York-based insurtech company, raised one of the largest seed rounds in history simply by talking. It’s not just the venture... [Lire la suite]
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02 mars 2019

Top 5 Digital Transformation Trends in Insurance

Top 5 Digital Transformation Trends in Insurance This week, I’m continuing the series looking at digital transformation trends in different industries like healthcare, retail, finance, media and entertainment, education, government, and automotive. It’s true that digital transformation is revolutionizing every industry we can imagine — but some are moving faster than others. Case in point: the insurance industry. Truth be told, the insurance industry has never been much of a leader when it comes... [Lire la suite]
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13 janvier 2019

Autonomous Vehicles' Means New Opportunities for Auto Insurers

Autonomous Vehicles' Means New Opportunities for Auto Insurers A World of Driverless Cars is Fast Approaching How can Insurers Benefit from Autonomous or Semi-Autonomous Vehicles? How can Insurers Benefit From Autonomous or Semi-Autonomous Vehicles? The idea of an autonomous vehicle has quickly moved from a futuristic concept only to be seen in movies – to our reality. Currently on the market are semi-autonomous cars, like the Tesla Model S with “Autopilot”. The autopilot feature uses radar, cameras, GPS and sensors to keep cars... [Lire la suite]
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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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11 décembre 2018

NEXYAD presenting a disruptive approach of real time driving risk assessment for car insurance, fleets, ADAS, autonomous driving

NEXYAD presenting a disruptive approach of real time driving risk assessment for car insurance, fleets, ADAS, autonomous driving The CEO of NEXYAD was a speaker in the car electronics congress CESA Automotive (5th and 5th of December 2018, in Versailles, France). The presentation was about the major difference between ADAS and Autonomous Driving mindsets, even if the skills (sensors, fusion, ...) are quite the same. In particular, was presented the graph tree of driving situations :   Then it was explained that... [Lire la suite]
06 décembre 2018

Disrupting the Car Insurance Industry

Disrupting the Car Insurance Industry The London-based start-up Cuvva competes with incumbents by making it easy for drivers to buy pay-as-you-go insurance. Disruptive ventures arise from mobile device ubiquity, data-powered AI and digital platforms that connect buyers and suppliers in new ways. They are reshaping industries such as transportation (e.g. Uber, Lyft, Didi Chuxing), hospitality (e.g. Airbnb, FlipKey), payment services (e.g. PayPal, TransferWise) and many more. Conservative by nature, the insurance industry has been... [Lire la suite]
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12 novembre 2018

Why insurance companies want your telematics data

Why insurance companies want your telematics data MISSISSAUGA, Ont. -- Insurance companies love data. They really do. And they’re very good at analyzing and interpreting data. So, it should come as little surprise that insurance providers are looking for ways to tap into the telematics... MISSISSAUGA, Ont. — Insurance companies love data. They really do. And they’re very good at analyzing and interpreting data. So, it should come as little surprise that insurance providers are looking for ways to tap into the telematics data being... [Lire la suite]
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02 novembre 2018

Commercial Auto Insurance Trends in 2018

Commercial Auto Insurance Trends in 2018 Over the past few years, commercial auto losses have created challenges for businesses with fleet exposures. In 2016, the combined ratio for commercial auto reached a 15-year high of 110.4 percent according to Fitch Ratings. Here, we’ll look at key trends in what’s behind the losses and actions commercial auto policyholders can take to better manage on-the-road risks. An uptick in commercial auto claims costs stems from both claim frequency and severity. Key factors driving these... [Lire la suite]
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19 septembre 2018

NEXYAD real time driving risk assessment for ADAS, Autonomous Driving, Car Insurance, and Fleet Management at INTEMPORA TECHDAY

NEXYAD real time driving risk assessment for ADAS, Autonomous Driving, Car Insurance, and Fleet Management at INTEMPORA TECHDAY This congress organized by INTEMPORA was impressive and gathered the French community of ADAS and Autonomous Driving around demos and presentations. Congrats to INTEMPORA. The technology SafetyNex (real time driving risk assesment algorithm developed by NEXYAD) was truely appreciated and we could discuss about applications. The MOVEO Groupement ADAS made good présentations too. This was a good congress... [Lire la suite]
17 septembre 2018

Get your car insured with ADAS

Get your car insured with ADAS Accidents on roads – Can technology minimise this? Technology is one of the key enablers of growth in the automotive industry today. Consumers are slowly demanding more technology within their cars to not only enhance their driving experience but also to secure their cars.Security technology has slowly emerged as a key factor, driving the sales of automotive industry today. According to reports, over 1. 25 million people were killed in road accidents in 2010 alone, which is more than the number of... [Lire la suite]
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