14 septembre 2016

SafetyNex for Insurance companies

SafetyNex for insurance companies   . SafetyNex is a Smartphone road safety App that works like a true digital co-pilot : warning the driver when approaching a dangerous area,once the excessive speed of the vehicle clearly shows that the driver did not notice the danger. SafetyNex records for insurers profiles of risk and usage.   . Insurance Companies can use SafetyNex for several purposes :   - Increase operating margin of the insurer SafetyNex can prevent 20% of road accidents according studies published... [Lire la suite]

10 septembre 2016

Deep changes in the business of car insurance. Contribution of the smartphone App SafetyNex in this global context

Deep changes in the business of car insurance. Contribution of the smartphone App SafetyNex in this global context by NEXYAD 1 - Role of the insurer The insurance idea would have appeared on the occasion of the first great journey by boat, and the appearance of "modern" insurance is generally dated from the 19th century. The principle of insurance is easy to understand : if accidents are rare (compared to the number of occurrences - travel, car trips, etc.), a simple and prudent idea then is to "put aside" a certain amount of money... [Lire la suite]
02 septembre 2016

Toyota, Tesla or Google: who's spending the most on artificial intelligence in the car industry?

Toyota, Tesla or Google: who's spending the most on artificial intelligence in the car industry?   Which businesses are investing in artificial intelligence? Read how artificial intelligence will change the car industry, and other sectors, as we know it.   Toyota has put $1 billion (£663 million) aside for a Silicon Valley artificial intelligence and robotics research unit to further its driverless car technologies, but is it enough to take Elon Musk's crown as the biggest tech spender in the car industry? The... [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]
29 août 2016

NEWS issue (#11) of the NEXYAD newsletter : SafetyNex the driving force of NEXYAD onboard products

NEWS issue (#11) of the NEXYAD newsletter : SafetyNex the driving force of NEXYAD onboard products   Headlines : . NEXYAD invited to present SafetyNex on the BMW booth at the Mondial de l'Automobile. How could NEXYAD modules have helped avoiding TESLA fatal accident. White paper on telematics for auto insurance and focus on SafetyNex. new NEXYAD tool for ADAS validation using a scale model car NEXYAD is member of MOV'EO and of the MOVEO Groupement ADAS (see : http://groupementadas.canalblog.com/) Read the Issue #11 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]

18 août 2016

Self-driving cars will not help the drinking driver

Self-driving cars will not help the drinking driver   There is an unexpected revolution underway in road safety. True, the highly visible community-wide programs continue, but behind the scenes there are major changes underway in how safety will be managed within road transport systems. The self-driving car (or “autonomous vehicle”) has emerged with a practical suite of technologies for more efficient, safer, and eco-friendly road travel. This emergence has been rapid: for example, the Australian... [Lire la suite]
29 juin 2016

June NEXYAD Newsletter issue : SafetyNex leading actor of ADAS safety

June NEXYAD Newsletter issue : SafetyNex leading actor of ADAS safety See on this newsletter the CEO of NEXYAD on a major French TV (BFM TV) interviewed with the CEO ofBMW Group France (talking about the BMW Tech Date)  NEXYAD has been selected by BMW for their module SafetyNex now available on smartphones (Android). SafetyNex is a real time onboard risk assessment module. Yet deployed by insurance companies ! SafetyNex may save driver's life. SafetyNex helps insurance companies to do their pricing knowing how much risk... [Lire la suite]
22 juin 2016

'Pay how you drive' motor insurance

'Pay how you drive' motor insurance ‘Pay how you drive’ motor insurance policies, often known as telematics or ‘black box’ insurance, take into account how the vehicle is used when setting the premium. This allows an insurer to offer premiums that are more tailored to the users of a vehicle than is possible with a traditional motor insurance policy. ‘Pay how you drive’ policies use GPS technology to measure how a vehicle is being driven – insurers then use this information to make judgements about... [Lire la suite]
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11 juin 2016

Ten ways autonomous driving could redefine the automotive world : accident rates

Ten ways autonomous driving could redefine the automotive world : accident rates   9. Accident rates drop. By midcentury, the penetration of AVs and other ADAS could ultimately cause vehicle crashes in the United States to fall from second to ninth place in terms of their lethality ranking among accident types. Today, car crashes have an enormous impact on the US economy. For every person killed in a motor-vehicle accident, 8 are hospitalized, and 100 are treated and released from emergency rooms. The overall annual cost of... [Lire la suite]
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