Tag Archive: alert the driver

Oct
09

Individual driving risk assessment and car insurance : what applications ? what business models ?

As many people know now, NEXYAD has been developing the first real time driving risk assessment system called SafetyNex.

SafetyNex is currently available in B2B :
          . as a smartphone App (Android and IOS)
          . as a real time driving risk assessment API that OEMs and Insurers may integrate into their own smartphone App or into their own telematics or ADAS device (Android, iOS, Linux, Windows).

This real time driving risk assessment module has been validated on 50 million km, and applies proven methods for risk assessment, using, for instance, the Frank E. BIRD “safety triangle” concept, and running in real time a knowledge-based system AI that has been built by NEXYAD since 2001. It took 15 years to extract thousands of road safety knowledge atoms from experts of 19 countries. Some of this knowledge is directly operational, some is deep knowledge on detection theory (a mix of Information Theory and Knowledge on Human Brain abilities). And of course, SafetyNex also applies fundamental knowledge on mechanics (braking abilities, …) including complex issues such as grip for example.

A tough work was to be made in order to build such a knowledge-based system that could cope with “gradual truth” and could run a complex knowledge-based model in real time. Implementation uses fuzzy sets both for facts and knowledge representation, and competition between knowledge atoms uses deep Possibility Theory concepts. Of course, SafetyNex deals with dynamic problems (road accident, with distances, speed, …) and had to find a proper representation of TIME. NEXYAD was not very quick to develop all those solutions and to integrate them into a product called SafetyNex : SafetyNex is proposed for sale since Jan 2017 (first R&D on SafetyNex : 2001). But the result is efficient : you can run SafetyNex on your smartphone while driving your car and see how it helps you to drive much safer without alerting for nothing.

This unique technology places now NEXYAD in the center of the worldwide telematics/adas/data collecting race for car insurers.

So let’s see what are the main applications of SafetyNex for car insurers :

          . PREVENTION : SafetyNex alerts (vocal alert) driver BEFORE a dangerous situation, letting time to slow down and avoid accident. It is the best prevention tool ever : studies showed that 20% of accident can be avoided (then also 20% of personal injuries and fatalities !!!). SafetyNex is the ONLY tool that runs in real time inside the smartphone or inside the telematics/adas devices and then is the ONLY module that can alert driver (all the other systems apply scoring methods on the cloud …). This is a major differenciation for SafetyNex : avoid accident ! Observation of drivers using SafetyNex showed that they change their way of driving in order to mimnimize the number of alerts, then they change their driving behaviour in the long term.

          . COMMUNICATION : SafetyNex gives driver a score of Safe Driving after every trip. This is a positive way of presenting risk and driver appreciate being given a gold cup for his/her high safe driving score. You can imagine many ways to communicate for car insurers. Example : every year, sort all drivers (customers) of a country, find the best (highest SafetyNex safe driving score) and give a huge incentive (offer a brand new car, for instance). Such an incentive tranforms the car insurer’s customers set into a community that tries to drive better, and you can build of course a social network for experience share and local challenges … etc. This is a simple and very concrete use of digital technology both for getting better profits and for saving lives. Marketing executives call this ‘the Nudge Theory”. SafetyNex is a natural candidate for applying this Nudge Theory.

          . KNOWLEDGE : car insurers only know about risk by accident observation. Although the theory of Frank E. BIRD (safety triangle) shows that the proper variable to observe would be what is called “near miss” or “quasi accident”. SafetyNex alerts every time that driver’s behaviour leads to a quasi accident situation. Then car insurers can use SafetyNex to build this new knowledge and sort and cross all their variables with this new notion. Actuaries will quickly find clever ways to use those new sets of data and you will be surprised to see how productive data scientists can be when they have a direct access to new qualified huge set of data.

          . USAGE BASED INSURANCE : Of course, SafetyNex is THE perfect tool for UBI. At the end of every trip, SafetyNex sends data (statistics) : usage (urban, road, highway, time, duration, km, postal code, etc …) and risk (risk profiles). Then it is very easy to propose Usage Based princings (‘as you drive” or “how you drive” etc).

SafetyNex Risk and usage crossed

It is important to notice that real time abilities of SafetyNex also simplify business models :

          . Anyway car insurer does effective prevention with SafetyNex : it is only needed to avoid few personal injuries and fatalities to “pay” the deployment of SafetyNex. That’s the key of SafetyNex deployment : SafetyNex alerts driver WHILE DRIVING and BEFORE danger, then many accident are avoided … then many personal injuries are avoided. If you know the price of a personal injury in you car insurance, then you see that SafetyNex price was made in order to let you get a fair ROI on this issue.
          . Communication (incentive) is then already paid by the number of avoided personal injuries !
          . and in addition, car insurer gets qualified data : for knowledge acquisition and UBI opportunities study.

As a conclusion, we can remember main facts :

          . SafetyNex real time abilities make it VERY DIFFERENT from any other risk assessment solutions (using stats and data science in the cloud) because then SafetyNex ACTS on driving behaviour BEFORE accident and then lets avoid many accidents.
          . Prevention effect of SafetyNex finances it deployment cost.
          . Knowledge extraction and UBI opportunities business models can be done without stress as SafetyNex already gives a fair ROI to car indurer.

Some OEMs and insurers already started to integrate SafetyNex API into their smartphone App or into their telematics/adas device.

It is now time to move forward to the 21st century with digital insurance.

Dec
26

“Check NEXYAD Technologies for New Mobility Applications”
Automotive & Transportation Newsletter #14 is Available

NEXYAD Automotive & Transportation Newsletter #14, December 23th, 2016



Check NEXYAD Technologies for New Mobility Applications

Headlines :

– Demo video of SafetyNex : Smartphone App Onboard Real Time for Driving Risk Assessment
– Cercle LAB Symposium : new digital technologies for Insurance and Bank
– FinTech Community Symposium
– New Release of SafetyNex : Real Time Driving Risk Assessment for Car Industry and Insurance Companies
– Nexyad Technologies for Car Industry and New Mobility : SafetyNex – RoadNex – ObstaNex – VisiNex
– R&D project BIKER ANGEL (Driving Risk Assessment for Motorbikes) has been certified by the pôle FINANCE INNOVATION
– Business Trip to CES at Las Vegas

Read the Newsletter #14


SafetyNex


Dec
16

Major release of the Real Time Onboard Driving Risk Assessment smartphone App SafetyNex.

Major release of the Real Time Onboard Driving Risk Assessment smartphone App SafetyNex.
Version 2_208 is available.
New functionalities and new HMI :

HMI SafetyNex

Read more : http://www.safetynex.net

Dec
14

R&D project BIKER ANGEL has been certified
by the pôle FINANCE INNOVATION.

R&D project BIKER ANGEL has been certified by the pôle FINANCE INNOVATION.
This project consists in making SafetyNex available for motorcycles.
Partners of this project are : HERE, IFSTTAR, NEXYAD, POINT CORE
NEXYAD is the project leader.
Submission of this project has been sent to FUI (Fond Unifié Interministériel – France).

Biker Angel - Label Finance Innovation

Le project BIKER ANGEL a été labellisé par le Pôle FINANCE INNOVATION.
Ce projet consiste à adapter SafetyNex pour les motards.
Les partenaires de ce projet sont : HERE, IFSTTAR, NEXYAD, POINT CORE
BIKER ANGEL est porté par NEXYAD.
Ce projet fait l’objet d’une demande FUI.

Dec
09

SafetyNex labellisé FINANCE INNOVATION

Nexyad SafetyNex, Onboard Real Time App of Driving Risk assessment, received Label Finance Innovation 2016 from world cluster Finance Innovation !


FINTECH COMMUNITY 4e édition à Paris le 7 décembre, le plus grand rendez-vous bi-annuel de rencontres entre le monde des financeurs et des sociétés de technologies innovantes. Nexyad, au travers de l’application de mesure temps réel du risque en conduite : SafetyNex, a reçu le Label Finance Innovation 2016 par le pôle de compétitivité mondial Finance Innovation.

Label Finance Innovation - SafetyNex

Plus tard dans la matinée, Gérard Yahiaoui, le P-DG de Nexyad, a pitché dans la catégorie Assurances FinTech et a récolté le plus grand nombre de votes de la part de l’assistance, recevant un autre prix à cette occasion qui permettra une exposition conséquente de SafetyNex.

Gérard Yahiaoui - Pole Finance Innovation

Gérard Yahiaoui en haut au centre


Dec
02

NEXYAD won the French Insurance “coup de coeur” (crush) Special Prize with our Driving Risk Assessment Smartphone App SafetyNex

30th Nov 2016, seven high-tech startups had to pitch in front of almost all French Insurance Companies. This was organized by the Cercle LAB (Laboratoire Assurance Banque), at ALLIANZ tower (Paris La Défense) : “colloque prospective annuel du cercle LAB”.

NEXYAD was introduced to Cercle LAB by the competitiveness cluster FINANCE & INNOVATION.
It was an interesting challenge and the jury had to pick only ONE startup from seven talented ones, to give the special prize “coup de coeur des assureurs”.

France Innovation - Cercle LAB - Nexyad SafetyNex
             Gérard Yahiaoui pitching at Allianz Tower                       “Coup de Cœur des Assureurs” Diploma


NEXYAD pitched on SafetyNex : a smartphone App for real time onboard driving risk assessment (with vocal alerts that warn the driver before a potential danger), that can reduce accident rate by 20%.

Winner : NEXYAD !!!

We thank all the insurers that came to this high tech day that gave a broadchurch view on research and development for Insurance applications (artificial intelligence, deep learning, iot, blockchain, telematics, …), we thank Pôle FINANCE INNOVATION & Cercle LAB.

NEXYAD is member of MOV’EO, and FINANCE INNOVATION.

Read more about SafetyNex

Nov
14

Evaluation of return on investment (ROI) with SafetyNex
for a Car Insurance Company

New Nexyad paper :

Real time App for onboard driving risk assessment SafetyNex used by Insurance Companies
(onboard telematics with smartphone for car insurance)
Evaluation of return on investment (ROI)

INTRODUCTION
European and American car Insurance Companies are all currently testing onboard telematics systems (on professional electronics devices or on Smartphones), in order to study new opportunities provided by digital technologies in the evolution of their business and business models [1].
We also can see now some experiments in Asia. Indeed, digitization of the economy has an impact on insurance industry too, as new competitors such as GAFAMs (Google, Amazon, Facebook, Apple, Microsoft) come to their car insurance market with new approaches, always ready to capture value.
The main idea behind testing telematics is that it would be nice to adjust at best pricing of insurance depending on the driver. Onboard telematics is expected to « measure » usage (kind of road, day/night, number of km, et …) and to estimate risk taken by the driver.

Read the entire paper

Nov
09

ADAS Technologies of Nexyad about to be deployed Worldwide

NEXYAD Automotive & Transportation Newsletter #13, November 25th, 2016



ADAS Technologies of Nexyad
about to be deployed Worldwide

Headlines :

– New Release of SafetyNex : Real Time Driving Risk Assessment for Car Industry and Insurance Companies

– Update of RoadNex & ObstaNex : Road Detection and Obstacles Detection for ADAS and Driverless

– CESA Automotive 2016 : Symposium on Automotive Innovation

– First issue of ADAS Morning on ADAS for Road Safety

– New white paper : ROI Evaluation for Car Insurance Companies with SafetyNex (Real TimeDriving Risk Assessment)

– Vision Systems presented their ADAS Solution Smart-Vision at Automotive Techdays 2016 and announced their partnership with Nexyad

– Nexyad in Media

* * * * *

New Release of SafetyNex : Real Time Driving Risk Assessment for Car Industry and Insurance Companies

Reminder :
. SafetyNex App gives risk of accident
. No Big Data on Cloud, but risk is fully calculated inside driver’s smartphone
. The App warns the driver in case of high risk able to generate dangerous situation
. With 4 secondes anticipation that let time to reduce speed or to brake
. Risk construction implements concept of near accident invented by searchers in accidentology
. Near accident is explainable by cause/effect relations
. Regularity of this concept ensures the perfect correlation of calculated risk by SafetyNex with accidentology
. Nexyad work since 2001 and work basis used came from scientific publications

General ergonomics of SafetyNex has changed and after each run you have immediate results of your driving score with Gold Cup if you are safe.

SafetyNex Screenshots
SafetyNex comprehensive HMI

http://www.safetynex.net

* * * * *


Update of RoadNex & ObstaNex : Road Detection and Obstacles Detection for ADAS and Driverless

Nexyad realised a major update of RoadNex v3.0 & ObstaNex v3.1


Obstacle Detection with ObstaNex by Nexyad: this run was made with a single camera


Obstacle Detection with ObstaNex by Nexyad : city traffic

* * * * *



CESA Automotive 2016 :
Symposium on Automotive Innovation

Nexyad on the booth Groupement ADAS at CESA Automotive 2016

Vehicle ADACCESS

Gérard Yahiaoui & Jochen Langheim

 

 

 

 

 

 

 

 

 

 

 

 

RENAULT ZOE of Adaccess on Groupement ADAS booth at CESA Automotive 2016.

 

 

 

 

 
 

Gérard Yahiaoui CEO of Nexyad and Jochen Langheim Vice President of ST microelectronics and Chairman of CESA Automotive 2016 on Groupement ADAS booth at CESA in Versailles.



Nexyad Presented SafetyNex at CESA 4.0 2016

Gérard Yahiaoui CEO of Nexyad presented SafetyNex Real Time Onboard Driving Risk Assessment for Car Telematics at the Conference “Highly Automated Driving New Sensors” of CESA 2016 in Versailles.

Groupement ADAS booth shows top technologies and competences of 9 companies dedicated to ADAS and  sponsored by MOVEO.

. ADACCESS is a French engineering company specialized in embedded measurement and vehicle prototyping.

. CAR&D : Creative Automotive Research and Development (Car Dynamics)

. GLOBALSENSING Technologies : pattern recognition and embedded electronic system specialist

. INTEMPORA : MultiSensor Software Solutions, editor of RT-Maps

. LEDDARTECH : Mastering Lidar Sensor Technology

. NEXYAD: your host

. NOMADIC Solutions : Mobility Creator, electronic devices

. SHERPA Engineering is a company specialized in modeling, simulation and control design

. TRANSPOLIS : Exploring innovative Urban mobility solutions (tracks)

gy_cesa1

gy_cesa2

* * * * *
 

First issue of ADAS Morning on ADAS for Road Safety

Cluster “Groupement ADAS” Launched the october 18th first ADAS Morning co-organized with MOVEO in Paris. Thema was ADAS and Road Safety : to discuss challenges, solutions and opportunities with many specialists personalities in the field in front of a large audience.

Les enjeux
Les enjeux humains
ADAS et véhicules autonomes quels enjeux pour les personnes ayant des besoins spécifiques –  Claude Dumas – CEREMH 
Les chiffres de l’insécurité routière : Christophe Ramond – Prévention Routière
ADAS et facteurs humains : Apports des sciences cognitives- Franck Techer – IFFSTAR
Les enjeux économiques
Risque routier lié au travail: quel coût pour les entreprises ? Patrick Oberto – Promotion et Suivi de la Sécurité Routière en Entreprise
ADAS et TIC, outils de disruption de la chaîne assurancielle :  Philippe Caton – COVEA
Diminution de la sinistralité responsable : Jean Zermati – ORANGE

Les solutions actuelles 
Les systèmes de sécurité active et les ADAS
Evolution technique de l’accidentologie et de la problématique d’estimation du gain des ADAS  : Philippe Chrétien – CEESAR 
Nouvelles mobilités et sécurité routière : quelles  évolutions pour l’infrastructure ?  : Eric Violette – CEREMA 
Assistant nomade à la conduite sûre et responsable : Gérard Yahiaoui – NEXYAD

Les Perspectives 
Le défi de la sécurité routière : l’intégration des facteurs humains dans les cas d’usages d’expérimentation des ADAS :  Stéphane Barbier – TRANSPOLIS
Véhicule autonome, une révolution de la mobilité  – Rémi BASTIEN–RENAULT 

Eric Violette – Cerema

Jean Zermati – Orange

Philippe Caton – COVEA

Gérard Yahiaou – Nexyad

Franck Techer – IFSTTAR
Christophe Ramon – Prévention Routière

Rémi Bastien – Renault

Nicolas du Lac - Intempora

Nicolas du Lac – Intempora

Stéphane Fernier - Transpolis

Stéphane Fernier – Transpolis

You’ll find all the videos of presentations HERE

NEXYAD presented SafetyNex Driving Risk Assessment Smartphone App
Download the presentation of SafetyNex by Nexyad
 

* * * * *

New white paper : ROI Evaluation for Insurance Companies with SafetyNex

New Nexyad paper :

Real time App for onboard driving risk assessment SafetyNex used by Insurance Companies
(onboard telematics with smartphone for car insurance)
Evaluation of return on investment (ROI)
INTRODUCTION
European and American car Insurance Companies are all currently testing onboard telematics systems (on professional electronics devices or on Smartphones), in order to study new opportunities provided by digital technologies in the evolution of their business and business models [1].
We also can see now some experiments in Asia. Indeed, digitization of the economy has an impact on insurance industry too, as new competitors such as GAFAMs (Google, Amazon, Facebook, Apple, Microsoft) come to their car insurance market with new approaches, always ready to capture value.
The main idea behind testing telematics is that it would be nice to adjust at best pricing of insurance depending on the driver. Onboard telematics is expected to « measure » usage (kind of road, day/night, number of km, et …) and to estimate risk taken by the driver.
Read the entire paper

* * * * *

Vision Systems presenting Smart-Vision
at Automotive Techdays 2016

Friday, november 4th, at Automotive Techdays in Lyon (Rhône-Alpes), Vision System announced its new technology Smart-Vision. This ADAS innovation is fully developed by the firm from Brignais in partnership with Nexyad.
Techdays 2016
Smart-Vision is a unique and complete rearview and surround view system replacing traditional mirrors with HD digital cameras and interior screens.This system informs the driver :
. When a vehicle is coming from the back 80 meters away
. When a vehicle, bicycle or pedestrian enters the blind spot area, each with a specific signal, regardless of the speed of the vehicle or the external environment.
. When they can safely change lane (for example, after overtaking).
Smart Vision
Smart-Vision reduces power/fuel consumption significantly, enhances ergonomics and improves safety.
Both hardware and software are tailor-made by Vision Systems.

* * * * *

Nexyad in Media

Article de la PFA (Filières Automobile et Mobilités) citant Nexyad :

Retour sur le congrès du CESA 4.0 – « Automotive Electronic Systems »

un article de la PFA qui cite Nexyad

Pitch of Nexyad at CESA Automotive 2016 in Versailles
Pitch de Nexyad au Congrès CESA Automotive 2016 à Versailles