telematics

The New Auto Insurance Ecosystem: Telematics, Mobility and the Connected Car With the increased use of mobile communications, the stage is set for property and casualty insurers to develop more meaningful and mutually beneficial relationships with policyholders. Nowhere is this more clear than in auto/motor insurance, where advances in machine-to-machine (M2M) communication, or telematics, are rippling across the marketplace, generating data to more precisely assess risk and reward for policyholders who adhere to safe driving... [Lire la suite]

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]

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]

Fleet Management Trends: What 2017 Will Bring to Automotive Industry It’s been a month since we said goodbye to 2016 that has given us Tesla 3, Uber’s self-driving fleet in Pittsburg, and the NHTSA autonomous car guidelines. Now we are all wondering what 2017 will bring to the table. Below you may find some considerations that, as many experts believe, will shape the coming year for fleet managers and automotive industry as a whole. For convenience purposes, we have divided them into three groups. ENVIRONMENT AND SAFETY ... [Lire la suite]

Global Automotive Telematics Market Analysis & Trends 2017-2025: Market is Poised to Grow at a CAGR of Around 29.1% to Reach Approximately $180.4 Billion - Research and Markets The Global Automotive Telematics Market is poised to grow at a CAGR of around 29.1% over the next decade to reach approximately $180.4 billion by 2025. This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical... [Lire la suite]

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]

Newsletter of NEXYAD on real time risk assessment in car telematics with Safetynex Headlines : – New Rating of Nexyad by Early Metrics – BIKER ANGEL Project selected for Government funding (FUI23) – Conference on Machine Learning organized by SNCF – Nexyad Paper at 1er European Conference on Connected and Automated Driving – Meeting Mov’eo, Systematic and Cap Digital – Nexyad has visited 6th “les Rencontres Flotauto” – Nexyad in Media – SafetyNex available on stores for testers (Apple and Google) – Groupement ADAS welcomed... [Lire la suite]

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]

Trends influencing ADAS market in near future Technavio’s latest report on the global automotive advanced driver assistance system (ADAS) market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. Siddharth Jaiswal, a lead analyst from Technavio, specializing in research on automotive electronics sector, says, “One of the core drivers... [Lire la suite]

Usage-Based Insurance Market to Reach $123 Billion by 2022, Globally-Allied Market Research According to a new report published by Allied Market Research, titled, "Usage-Based Insurance Market by Product Type (Pay-As-You-Drive Insurance (PAYD), Pay-How-You-Drive Insurance (PHYD), and Manage-How-You-Drive Insurance (MHYD) and Technology (OBD-II-Based UBI Programs, Smartphone-Based UBI Programs, Hybrid-Based UBI Programs, and Black-Box-Based UBI Programs): Global Opportunity Analysis and Industry Forecast, 2014-2022," the global... [Lire la suite]