Car insurance and satellite technology, a combination that's likely to stand the test of time. Here too, knowing who your partner is isn't an easy task, but definitely very rewarding.

PAST: satellite alarm

In the past, insurance companies proposed satellite alarm systems in order to:

  • reduce the risk of vehicle theft
  • reduce the risk of fraudulent claims
  • reduce insurance premiums for theft insurance policies in order to generate competitiveness

PRESENT: the black box

Today satellite technology is (also) used to reduce premiums on civil liability vehicle insurance (RCA). This was inevitable because the premiums were calculated with discriminating parameters:

  • Age - higher premiums for younger drivers
  • Geographical origin - higher premiums in regions with a higher risk
  • Gender - higher premiums for women (this is still true in many countries)

The use of technology should be able to provide scientific data on which to assess the driving style of drivers, and consequently allow for the calculation of premiums based on personal risk. This (if true) would eliminate the discriminating algorithm problem that is still applied in calculating insurance premiums.

Today, all insurance companies that have adopted a technology system capable of determining individual driving risks should have enough data to pinpoint who the best customers are (eg. those who have accidents), but it isn't so, due to a lack of adequate technology and effective algorithms.

FUTURE: smart insurance

With Galileo (the European satellite constellation) and new technologies now available, insurance premiums will be calculated very accurately, including in terms of services (increasingly popular) such as Pay As You Drive. In the coming years:

  • the focus will need to shift on drivers rather than on vehicles, providing systems that allow for the calculation of the insurance premiums based solely on individual driving habits and in relation to the environmental (geological) and political context
  • it will no longer be necessary to be competitive on the value of the premium (which will be adjusted and stabilized thanks to new technology standards), but on the quantity and quality of services offered

The greatest challenge every insurance company will have to face is providing an individual and global proposal. With a suitable technology environment, everyone will have the freedom to ensure not only their own driving risk, but also their health, safety at home and at work, for their loved ones, and personal investments.

You'll need to learn the rules of the game. And then play better than anyone else.
Albert Einstein

Mobisat® Autogeofence provides maximum satellite protection for any type of vehicle.

Passive Protection
Typically satellite theft protection is offered with the possibility of localizing the vehicle. This level of protection is so-called "passive" because it is the customer who has to report a theft. A passive protection is almost always ineffective as statistics show that in 87% of cases, if a vehicle is not recovered within 4 hours (or less) any type of intervention would be useless (the vehicle leaves the country from which it was stolen or is "dismembered" to feed the illicit trafficking of original spare parts).

Active Protection
Autogeofence Provides "active" protection in the event of theft. The protection is enabled each time the vehicle is turned off with its key (users can thus no longer forget to turn on the alarm as with a "transponder" and the like). A virtual barrier is generated around the vehicle. Any theft is reported within 7 seconds. Thanks to Autogeofence we can today boast excellent results: 100% os vehicles recovered after theft. Depending on the business model, the alert may be sent:

  • to the customer, by way of: SMS, or Push Notification on your Smartphone
  • to the control center by way of: TCP/IP via web-service capable of communicating with any computer system

Mobisat® GDS (Green Driving Score) is currently the most sophisticated algorithm for evaluating driving style.

the failure of the accelerometer
Using an accelerometer to evaluate the driving style of users is similar to using a scale to measure the height of an object. To operate in this way and produce reliable results, every device equipped with an accelerometer should:

  • be calibrated according to the type of vehicle (never the case)
  • be installed exactly at the center of a vehicle (never the case)
  • be synchronized with the satellite's directional angle (never the case)
  • be calibrated according to the weight of the vehicle (a motorcycle and SUV undergo gravitational force in a completely different manner)
  • be set in accordance with the geographical area the vehicle is normally found in (it's one thing to drive on flat roads, and another to drive in hilly country)

Also, inform the customer that:
has made 36% of sudden braking and 25% of drifting
is not transparent since there is no way of knowing how the results were generated and based on what events.

the solution

Thanks to decades of dedication and experience by our development team, the Mobisat® GDS algorithm for evaluating the driving style:

  • provides a realistic picture of the driving risk of each individual
  • provides transparent data for both users and the insurance company on every single event that contributed to determining the score (verifiable on maps at any time)
  • eliminates any alleged privacy issues
  • understanding which are the best customers in a portfolio in order to implement actions aimed at maintaining them

how does the GDS algorithm work?

The products Mobisat® feature a virtual odometer that connects to the satellite network accessible (GNSS) 5 times per second. The directional angle used is provided by the GNSS network in order to identify significant changes in the vehicle's positioning, within a time range of 1 second. This allows for the accurate detection of:

  • sudden accelerations
  • sudden decelerations
  • reversed direction
  • skidding

But that's not all. Proprietary technology Mobisat® allows the satellite system to accurately and unequivocally detect (thus without resorting to average road speed) every time the speed limit has been exceeded on different roads. The GDS algorithm therefore comprises the average of the results obtained:

  • in the city:
  • on country roads
  • on motorways

We're convinced that exceeding speed limits constitutes the most effective variable in determining user driving risk. We use an information structure that processes real-time data provided by satellite systems and globally reports any excesses on speed limits.

CRASH - Civil Liability Vehicle Insurance

Mobisat® invents the first and only self-generated virtual video report in the event of an accident. The one-minute video shows the dynamics of each accident reproducing the activity of the virtual vehicle on "Google maps layer." Each video is composed of 61 samples relative to the vehicle's activity (1 sampling every 1 second) specifically:

  • 30 seconds of activity prior to the traffic accident
  • the impact phase with a determination of the impact point, gravitational force applied to the impact and the direction of impact,
  • 30 seconds of activity subsequent to the road accident

The video shows second by second:

  • the vehicle position on the map
  • the overall travel speed
  • the proportion of the accelerator pedal pressure

With this tool evidence can be produced on the dynamics of a car accident showing ant "spinning", "rear-ending" and collision points, etc..

connected insurance

We offer insurance companies a complete environment with the necessary tools to formulate comprehensive insurance offers:

  • Automotive (the solutions mentioned on this page)
  • safety in the home and for the house
  • personal safety
  • safety for your loved ones and pets
  • protection of property

The "connected insurance" environment includes the following services:

  • user applications (web and App for Smartphone) customized for the insurance company
  • corporate applications for the management and administration of services delivered
  • technology dedicated to different fields of application
  • management and integration of acquired historical data
  • web-service development for integration with existing CRM
  • supply of telematic "estimate calculators"
  • maintenance of services and data