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]
22 octobre 2016
NEXYAD made a presentation at the ADAS Morning in Paris : focus on Road Safety with the smartphone App SafetyNex

18 septembre 2016
SMARTPHONE APP SafetyNex COULD REDUCE ACCIDENT RATE BY 20%
SMARTPHONE APP SafetyNex COULD REDUCE ACCIDENT RATE BY 20%
I - ONBOARD TELEMATICS AND AUTO INSURANCE : REMINDER
Onboard telematics now can measure behavior of a driver, and therefore, car insurers
have early started this adventure of connected car, more or less successfully.
The simplest applications that have been deployed are:
. locate stolen vehicles
. measure the usage of the driver, and in particular the number of kilometers traveled in order to propose adaptive pricing (vehicle
that always... [Lire la suite]
10 septembre 2016
Deep changes in the business of car insurance. Contribution of smartphone App SafetyNex in this global context.
Deep changes in the business of car insurance. Contribution of smartphone App SafetyNex in this global context.
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 for... [Lire la suite]
16 février 2016
Some insurance companies gave up measuring driver behaviour : Nexyad explains why their settings are ineffective
Some insurance companies gave up measuring driver behaviour :Nexyad explains why their settings are ineffective
According to the newspaper ‘Les Echos”, AG Insurance gave up linking driving behavior to accident. For eight months, the insurer has equipped the car of staff members with “smartbox”. Verdict? Nah, nothing interesting linkable to driving style !In 2014, the bank insurer KBC had reached the same conclusion after a test conducted with 150 employees, whose car was equipped with a device provided by TomTom. ”
Read... [Lire la suite]
15 janvier 2016
NEXYAD Intelligence : The Top Five Trends For The Connected Car In 2016

13 janvier 2016
NEXYAD ADAS : In-Car Sensors Put Insurers In The Driver's Seat

16 décembre 2015
Some drivers are quiet but still dangerous (in a road safety point of view)
