30 novembre 2016

Return On Investment (ROI) for a car insurance company using onboard telematics

Return On Investment (ROI) for a car insurance company using onboard telematics A lot of car insurance companies now start Proofs Of Concepts (POCs) with onboard telematics. The idea is to apply digital new capabilities to find new business models for car insurance. We present a completely disruptive vision and telematics solution (SafetyNex) that first proposes to increase margin of car insurer, and then second, allows to use UBI (Usage Based Insurance) solutions such as Pays As You Drive and Pay How You Drive. Read... [Lire la suite]

01 septembre 2016

Onboard measurement of risk of accident with SafetyNex (real time risk assessment) : Application to prevention & auto insurance

Onboard measurement of risk of accident with SafetyNex (real time risk assessment) : Application to prevention, auto insurance pricing, respecting privacy of driver  1 – Introduction Onboard telematics, smart phones, connected devices, are now in use to monitor driver’s behaviour : habits, way of driving, etc ... Many organizations are interested to collect, use and monetize those data, and one of the key questions is about the driver, privacy and choice to share data, and also his interest: What will he/she get in return... [Lire la suite]
04 avril 2016

NEXYAD Automotive and Transportation Newsletter : connected car, artificial vision for ADAS

NEXYAD Automotive and Transportation Newsletter : connected car, artificial vision for ADAS This newsletter issues deals with : . connected car : how to measure risk of accident with onboard applications (connected to the cloud) : Nowadays, insurance companies try to modulate their pricing for every driver. In order to do that, it is necessery to estimate the risk of accident taken by every driver in real time. This risk assessement is now possible using a connected module that compares the way of driving with the intrinsic danger... [Lire la suite]
16 décembre 2015

Some drivers are quiet but still dangerous (in a road safety point of view)

Some drivers are quiet but still dangerous (in a road safety point of view) : Most people think that brutal drivers (strong braking, etc ...) are dangerous. The hypothesis is that they do not anticipate enough and then they areled to brake very strongly. Many Insurance Companies developped their own onboard "dirving style" estimation that scores this kind of hypothesis. Unfortunately, this idea (that seems to be logical) is not validated by facts : there are brutal drivers that are not dangerous, and there are quiet driversthat are... [Lire la suite]
28 novembre 2015

NEXYAD ADAS : comparison of 4 driving behaviours using SafetyNex and EcoGyzer

Advanced Driver Assistance Systems are a nex field of development and economic growth in the automotive sector. Many tools are under construction in order to prevent the driver from many mistakes that may lead to accidents. This even might lead in certain condition to autonomous driving (driving delegation). Insurance companies are interested in such systems.  Especially those who want to implement an efficient "pay how you drive"tarification/pricing. NEXYAD developed an onboard module (called SafetyNex) that scores road... [Lire la suite]
10 novembre 2015

NEXYAD ADAS : driving behaviour signature Safety x Eco using SafetyNex V2.1 and EcoGyzer

Here are 4 driving style on the same road :. good driving : both Safe and Eco. Bad driving : often non Safe and non Eco. Sportive but Safe driving : Safe most of the time (except during 4 seconds during 1 min 30 seconds) but often non Eco. Quiet but Dangerous drinving : always Eco but often non Safe Every second a point is plotted of the diagram. Eco score is measured with EcoGyzer (by the company NOMADIC Solutions) and Safety scoreis measured with SafetyNex (by the company NEXYAD). The more up the more Safe, the more right the more... [Lire la suite]