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.
In the past, insurance companies proposed satellite alarm systems in order to:
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:
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.
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 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.
Mobisat® Autogeofence provides maximum satellite protection for any type of vehicle.
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).
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:
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:
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.
Thanks to decades of dedication and experience by our development team, the Mobisat® GDS algorithm for evaluating the driving style:
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:
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:
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.
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:
The video shows second by second:
With this tool evidence can be produced on the dynamics of a car accident showing ant "spinning", "rear-ending" and collision points, etc..
We offer insurance companies a complete environment with the necessary tools to formulate comprehensive insurance offers:
The "connected insurance" environment includes the following services: