23 décembre 2016

NEXYAD ADAS : onboard with SafetyNex - Real time driving risk assessment and vocal alert BEFORE danger

NEXYAD ADAS : onboard with SafetyNex - Real time driving risk assessment and vocal alert BEFORE danger + risk profiles recording Here is the demo of SafetyNex, a smartphone App that estimates in real time driving risk, alerts the driver BEFORE danger (vocal alert), and records risk profiles and usage profiles with respect for driver's privacy (privacy by design).This disruptive real time App reduces accident rate by 20% (vocal alert BEFORE danger lets time to slow down and avoir accident) and reduces loss cost by 5%. User is coached... [Lire la suite]

26 novembre 2016

Evaluation of return on investment (ROI) with SafetyNex for a Car Insurance Company (onboard real time driving risk assessment)

Evaluation of return on investment (ROI) with SafetyNexfor a Car Insurance Company (onboard real time driving risk assessment) European and American car Insurance Companies are all currently testing onboard telematics systems (on professional electronics devices or on Smartphones), in order to study new opportunities provided by digital technologies in the evolution of their business and business models [1]. We also can see now some experiments in Asia. Indeed, digitization of the economy has an impact on insurance industry too,... [Lire la suite]
31 août 2016

When the Trial Lawyers Come for the Robot Cars

When the Trial Lawyers Come for the Robot Cars long the way to a world of driverless cars there are many potential roadblocks: infrastructure issues, different technical standards, restrictive state licensing policies, and more. But something more problematic might be the one most likely to derail this important technology: excessive lawsuits. To avoid the chilling effect that excessive litigation might have on this life-saving innovation, Congress may need to provide a certain amount of legal immunity for creators of... [Lire la suite]
21 août 2016

France: BMW selects start-up Nexyad for driving risk estimation

France: BMW selects start-up Nexyad for driving risk estimation BMW’s French subsidiary has selected three innovative companies to develop the mobility of the future. The start-up Nexyad is one of them. Nexyad has developed SafetyNex an APP onboard real-time that estimates the risk in driving. Based on artificial intelligence, the system can calculate at every moment the risk taken by the driver, by comparing the driving behavior (speed, acceleration, etc.) to the difficulties of the road (crossroads, school, turns tight, etc). ... [Lire la suite]
15 août 2016

Teenagers : Driving carries extra risk for them

Teenagers : Driving carries extra risk for them In the United States, teenagers drive less than all but the oldest people, but their numbers of crashes and crash deaths are disproportionately high. 1 In the United States, the fatal crash rate per mile driven for 16-19 year-olds is nearly 3 times the rate for drivers ages 20 and over. Risk is highest at ages 16-17. In fact, the fatal crash rate per mile driven is nearly twice as high for 16-17 year-olds as it is for 18-19 year-olds. Beginning in... [Lire la suite]
29 mars 2016

position paper : onboard risk assesment for insurance companies

THE ULTIMATE SOLUTION FOR INSURANCE COMPANIES THAT NEED ONBOARD RISK ASSESSMENT . WHY TESTED SOLUTIONS ALL FAILED (ACTUARIES SAY) ? . WHY SOLUTIONS BASED ON "SEVERE BRAKING", "VELOCITY IN CURVE", "ACCELERATIONS" ... HAVE STRICTLY NO CHANCE TO WORK ? . WHAT TO DO TO GET A RISK ASSESSMENT MODULE THAT WORKS? (Presentation of a disruptive solution) By NEXYAD 1-INTRODUCTION Insurance companies now find themselves in front of a potential change in business model, and the so-called "pay how you drive" pricing is an idea whose time has... [Lire la suite]

25 mars 2016

Information and news in the field of connected car : Congress "Connected Car Insurance" in London (April 2016)

Companies of the MOV'EO Groupement ADAS will be present on this congress : INTEMPORA and NEXYAD. We will present there applications on smartphones that let compute risk of accident in real time. Conference and Exhibition Connected Car Insurance Europe 2016 Tues 12th - Wed 13th April • Hilton Tower Bridge, London To read more : http://www.tu-auto.com/connectedcar-insurance-eu/
12 mars 2016

SafetyNex by NEXYAD : measurement of RISK OF ACCIDENT for actuaries (Insurance Companies)

SafetyNex by NEXYAD : measurement of RISK OF ACCIDENT for actuaries (Insurance Companies) To read more : http://nexyad.net/Automotive-Transportation/?page_id=441    
08 mars 2016

NEXYAD member of Groupement ADAS will talk at CONNECTED CAR INSURANCE EUROPE 2016

NEXYAD member of Groupement ADAS will talk at CONNECTED CAR INSURANCE EUROPE 2016 :the congress on Insurance Telematics : NEXYAD will show solution for REAL RISK OF ACCIDENT measurement (easy-to-use by actuaries) To read more : http://www.tu-auto.com/connectedcar-insurance-eu/conference-speakers.php
25 février 2016

THE ULTIMATE SOLUTION FOR INSURANCE COMPANIES THAT NEED ONBOARD RISK ASSESMENT : SafetyNex

NEXYAD explains clearly why the usual telematics systems CANNOT predict the risk of accident because they make WRONG HYPOTHESIS (for instance : severe braking as an indicator of bad driving). NEXYAD has been working for 15 year on risk of accident computing and explains the methodology and all the results using SafetyNex. This paper is French spoken (under translation)  Calcul du risque d’accident pris par les conducteurs. Fév 2016 (pdf) To read more : http://nexyad.net/Automotive-Transportation/?p=1838
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