SafetyNex App Risk Profiles Analysis

Risk profiles estimated by SafetyNex: Analysis of profiles, and possible use to detect fatigue and hypovigilance of driver.

SafetyNex is a nomadic real-time risk estimation system. The system has been described in detail in previous publications [1] and uses the key concept of « near-accident » or « quasi-accident », and is a result of 15 years of collaborative research with road safety experts and researchers.
The main competitive advantage of SafetyNex is that it allows, since the risk is estimated in real time,
to warn the driver (vocal alert), and thus to allow driver to avoid accident. Studies show that SafetyNex can reduce accident rate by 20% [2], which represents for insurers and fleet managers a consequent increase in margin [3].
But of course, SafetyNex also records usage and risk profiles. These profiles provide the behavior of the driver, or more precisely, his/her ability to regulate driving task consistently with danger. No need to record large volumes of data (accelerations, etc…) which in reality are not data (these are signals) for a possible back-office analysis, SafetyNex provides exactly the interesting data [4].
Below are examples of usage profiles and driver risk profiles.

. Read the entire paper
. Analyse des profils de risque en conduite estimés par SafetyNex (version française)

Nexyad invited to the 4th « Les rencontres du Fleet Management »

Last thursday 26th of january 2017, Gérard Yahiaoui CEO of Nexyad participated to a panel debate in Paris near Les Champs Elysées. He was invited as road safety telematics expert. Marie-Amélie Fenoll journalist at Decision Achats animated the discussion between other speakers : Jean-Yves Marie Rose of Ademe, Julien Honnart of Wayzup, Didier Blocus of ALD Automotive France, Edwin Colella and Alain Sinquin of Octo Telematics.

Fleet Management faces numerous problems and stakes in terms of safety, monitoring of drivers, training and loss costs. Gérard Yahiaoui presented SafetyNex App risk assessment in real time, that warns the driver before danger and gives individual and global risk profiles and usage profiles. An API of SafetyNex will be available very soon to integrate in any device. SafetyNex use allows to reduce accident rate by 20%.

Les rencontres du Fleet Management partners are ALD Automotive France, Ayming, Codes Rousseau, La carte carburant pro E. Leclerc, Octo Telematics and Phoenix development.

Gérard Yahiaoui Nexyadfrom the left Marie-Amélie Fenoll, Edwin Collela and Gérard Yahiaoui

Example of SafetyNex Risk Profiles Data

See below an example of Risk Profile Data Nexyad is able to give to their customers. SafetyNex provides Eco Driving profiles data, and usages profiles (Kms, date, hours, kind of roads, etc…) all of these can be crossed with Risk Profiles.

SafetyNex Risk Profile

Look at the entire SafetyNex User Manual

ADAS & Autonomous Driving at CES in Las Vegas

Thanks to Business France for having organised this CES mission and to Moveo sponsoring.
The show is bigger than everybody says us before. There is thousands of boothes in several places in Las Vegas. It is impossible to see all in four days long. This year, French Tech was well represented in the Venetian Hotel and at the Convention Center near the Westgate Hotel. In the last news we talked about Leddartech and today we make a focus on three major companies that built the future of smart mobility.

New ADAS demos by VALEO

Valeo onboard demos area at Golden Lot was completely crowed during the four days of the Convention. But we were lucky happy few to test Valeo XtraVue and Valeo 360AEB Nearshield.

Valeo XtraVue is a system based on a set of connected cameras that eliminates visual obstacles. It takes two vehicles equipped with the system. The driver of the vehicle B, which follows the vehicle A, can see on its control screen what happens in front of the vehicle A by seeing through it.

Valeo 360AEB Nearshield (Autonomous Emergency Braking) is an innovative technology to protect nearby pedestrians when vehicles perform low-speed maneuvers. With a full 360 degrees system of cameras and ultrasonic sensors, this ADAS helps the driver to avoid accident due to blind spots around large vehicles such as SUV and pick-up trucks.
Read more about Valeo at CES

HERE Indoor Positioning brings precision to the industrial IoT.

The NEXYAD team present in Las Vegas was invited by officials on the HERE booth at Convention Center Central Plazza.
When we entered the booth, we saw a table with mini robotic forklifts in a warehouse, all built with real technology. The robots moved around a simulated environment picking up and delivering containers based on high-accuracy positioning, bringing the real-world applications to life.
It was one of the numerous technologies presented by HERE at CES this year.
More about HERE here

CES Valeo & Here
                         VALEO XtraVue demo car                                          HERE Indoor Positionning demo

Visteon Demonstrates Augmented Reality Driving Experience and Latest Head-Up Display Technology at CES® 2017.

Complementing the vehicle’s HUD, embedded front-view and driver monitoring cameras trigger “smart alerts” in the form of lights and sounds when the driver is not paying attention to the road, if the vehicle strays from its lane, or if the vehicle is at risk of potentially hitting an object. For example, when a pedestrian or bicycle is present on the side of the road, an LED light projects onto the windshield within a 90-degree angle of the driver’s line of sight, giving a visual alert without the driver needing to turn his or her head.

Read more about Visteon here

VISTEON at CES 2017
Two onboard cameras look at the front of the car (a video for the demo),
detect obstacles and alerts the driver via a HUD.


Presentation of Driving Risk Assessment Smartphone App SafetyNex
at Moveo ADAS Morning

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 audiance.

You’ll find videos of presentations HERE

NEXYAD presented SafetyNex Driving Risk Assessment Smartphone App

Gérard Yahiaoui at ADAS Morning
Gérard Yahiaoui presenting SafetyNex at ADAS Morning in Paris

« SafetyNex the Revolutionary App of Road Safety »
Automotive & Transportation Newsletter #12 is Available

NEXYAD Automotive & Transportation Newsletter #12, October 6th, 2016



SafetyNex the Revolutionary App of Road Safety

Headlines :

– Nexyad on BMW booth at the Mondial de L’Automobile
– The SafetyNex Revolution for everyone
– Papers about SafetyNex
– Visit of BMW Startup Garage
– Important Release of ObstaNex : our Obstacles Detector for ADAS
– French Minister Ségolène Royal congrats SME’s
– Nexyad researcher speaker at Brussels
– Nexyad in Media

Read the Newsletter #12


SafetyNex


Interview du P-DG de Nexyad au Mondial de l’Automobile

Dans le cadre du Mondial de l’Automobile à Paris 2016, Gérard Yahiaoui était interviewé le 3 octobre sur le plateau de la chaîne TV du Mondial. (English translation coming soon)

Interview of Nexyad CEO, Gérard Yahiaoui, by Laurent Meillaud at Mondial de l’Auto TV

SafetyNex the Revolutionary App of Road Safety

NEXYAD Automotive & Transportation Newsletter #12, October 6th, 2016



Headlines :

– Nexyad on BMW booth at the Mondial de L’Automobile

– The SafetyNex Revolution for everyone

– Papers about SafetyNex

– Visit of BMW Startup Garage

– Important Release of ObstaNex : our Obstacles Detector for ADAS

– French Minister Ségolène Royal congrats SME’s

– Nexyad researcher speaker at Brussels

– Nexyad in Media



Nexyad on BMW booth at the Mondial de L’Automobile

NEXYAD was invited by BMW on BMW booth at Mondial de l’Automobile Paris 2016, october 5th, .
After have been choosen as one of the three winners of BMW Techdate Challenge 2016.
BMW booth
Up left: presentation of SafetyNex by Nexyad; up right: Serge Naudin, CEO BMW Group France, Gérard Yahiaoui, CEO Nexyad. Down left: the fabulous BMW i8


Thanks to BMW for this amazing event
BMW gave the opportunity for three innovative french startups to present their technologies on the business lounge on BMW booth. Serge Naudin, CEO of BMW Group France made a speech that remains the goal of the challenge BMW techdate that bring the winners to BMW Startup Garage in Munich (two weeks ago). He congratulated Nexyad, Oridao and Sentryo and introduced each of them to a bench of selected journalists.
Gérard Yahiaoui presented SafetyNex (that reduces accident rate by 20%) Nexyad onboard App of Risk assessment for driver, then he answered the questions and received several invited customers and partners.

Reminder : BMW Techdate wished to push ahead the french innovative high tech and identify new partners for technology matters. After a picky skimming, 20 startups were selected to present their project in front of a professional panel of Automotive, mobility, and connected car experts.
The quality of SafetyNex impressed the jury and the 9th june, BMW France announced Nexyad as part of the 3 winners of the first Techdate Challenge with Oridao and Sentryo.

Read more

Interview of Nexyad CEO, Gérard Yahiaoui, by Laurent Meillaud at Mondial de l’Auto TV



The SafetyNex Revolution for everyone

SafetyNex, une App SmartPhone qui révolutionne le monde de l’automobile : véhicules intelligents, assurance auto, gestion de flottes, utilisation du digital pour le retail

SafetyNex is a Samartphone App developed and sold by NEXYAD, it’s allows to reduce Accident Rate by 20% [1]. This App has a straight applied interest for several users.

– Driver
– Insurance Company
– Car Manufacturer
– Fleet Manager
– Big Retailer

Read Full Paper



Papers about SafetyNex

SafetyNex is the ultimate SmartPhone App for real time onboard driving risk assessment.
See how it works and how SafetyNex can reduce accident rate by 20% with respect for driver’s privacy.
Just read all the papers (available both in English and En Français) and feel free to contact NEXYAD for any question : sales@nexyad.net
Note : NEXYAD will present SafetyNex on the BMW booth at MONDIAL de L’AUTO, in Paris, the 5th of October (*)
SafetyNex Card 1SafetyNex Card 2
(*) SafetyNex was selected by BMW during the BMW Tech Date Challenge in Paris in June 2016.

En Français :

. SafetyNex réduit de 20% le nombre d’accidents de la route

. Modification profonde du métier de l’assurance auto : apport de SafetyNex

. Estimation du risque d’accident par télématique embarquée dans le véhicule, et respect des libertés individuelles grâce à SafetyNex

. Présentation de SafetyNex : LA solution d’estimation temps réel embarquée du risque de conduite

In English :

. SafetyNex reduces road accident rate by 20%

. Deep changes in the business of Car Insurance : SafetyNex can help

. Car telematics for onboard real time driving risk assessment, and respect for privacy using SafetyNex

. SafetyNex presentation : the ultimate solution for real time onboard driving risk assessment



Visit of BMW Startup Garage

NEXYAD was received by BMW in Munich last week.
From an initiative of BMW France, we were invited in the heart of BMW with two other Laureats of BMW Tech_date : ORIDAO and SENTRYO.

BMW headquarter Munich

The BMW Startup Garage is a special department of BMW that seek for innovative SME’s to work with.
The program was pretty complete with presentation of SME’s and their products to an audience of chosen BMW teams, visits of BMW Welt (show room), BMW Museum, and BMW plant.
We were very impressed by the welcome of everybody, specialy from Startup Garage !
We want to thank again Carolina, Gregor and Matthias.

Next meeting october 5th on BMW Booth at Mondial de l’Automobile Paris 2016.

BMW Startup GarageBMW Techdate Winner Teams
BMW Techdate Winner Teams, Nexyad, Oridao and Sentryo



Important Release of ObstaNex :
our Obstacles Detector for ADAS

New Release of Nexyad ObstaNex v3.0

This new version included pattern recognition and tracking, and new management of camera model of with a special component that allows multiple camera models on a same RT-Maps diagram.
Applications are ADAS (Advanced Driver Assistance Systems) and Driverless Car, but also Road Safety.


ObstaNex v3.0 : Obstacles Detection for ADAS (here filter on vehicles detection)



French Minister Ségolène Royal congrats SME’s

September 28th, in Paris, Madame Ségolène Royal, french Minister for Ecology, Sustainable Development and Energy gave « Initiative SME’s » Prices from ADEME (French Environment & Energy Management Agency).

Voir la liste ici

Nexyad concourrait dans le cadre du projet SEMACOR (portage de SafetyNex sur les smartphones).

Merci à l’ADEME.
Ademe IPME 01
the laureates of « Innovative SME’s »


Ademe 02
French Minister Ségolène Royal, Gérard Yahiaoui, Nexyad CEO


Diplome SEMACOR



Nexyad researcher speaker in Brussels

Smart Systems for the Automobile of the Future Brussels, 22-23 September 2016

Nexyad researcher Grégoire Julien, Dr Physics at Ecole Normale, presented a scientific publication at 20th International Forum on Advanced Microsystems for Automotive Applications (AMAA 2016).

« FUNCTIONAL SAFETY: ON-BOARD COMPUTING OF RISK OF ACCIDENT »
Grégoire Julien, Pierre Da Silva Dias, Gérard Yahiaoui

Read the Paper

One can also find the paper in « Advanced Microsystems for Automotive Applications 2016 » published by Springer 2016

AMAA 01



Nexyad in Media

autoactu

Ces trois start-up françaises qui ont séduit le groupe BMW
Trois start-up françaises, sélectionnées parmi 80 dossiers de candidatures, se sont vu ouvrir les portes du groupe BMW à Munich.

Lire la suite

Cnet

BMW Connected : une mise à jour importante pour le Mondial de l’Auto 2016
Des start-up françaises pour aller plus loin

Lire la suite

CCFA

Trois start-ups françaises ont séduit le groupe BMW

Lire la suite

Thanks to BMW for this amazing event

October 5th, on the BMW stand at Mondial de l’Automobile Paris 2016.

BMW gave the opportunity for three innovative french startups to present their technologies on the business lounge on BMW booth. Serge Naudin, CEO of BMW Group France made a speech that remains the goal of the challenge BMW techdate that bring the winners to BMW Startup Garage in Munich (two weeks ago). He congratulated Nexyad, Oridao and Sentryo and introduced each of them to a bench of selected journalists.
Gérard Yahiaoui presented SafetyNex (that reduces accident rate by 20%) Nexyad onboard App of Risk assessment for driver, then he answered the questions and received several invited customers and partners.

Serge Naudin & Gerard Yahiaoui
Serge Naudin, CEO of BMW Group France & Gérard Yahiaoui, CEO of Nexyad

Communiqué de Presse BMW Group

BMW Tech_Date : les 3 startups gagnantes présentent leurs technologies innovantes au Mondial de l’Automobile à Paris.
Les gagnants du concours sont accueillis dans l’espace BMW sur le Mondial à Paris et bénéficient ainsi d’une forte visibilité.
Les startups lauréates ont aussi été reçues à Munich par les équipes de BMW Group du 19 au 23 septembre autour d’un programme personnalisé.
BMW met le projecteur sur l’excellence des startups françaises et leur rôle dans la mobilité de demain.

Paris, 5 octobre. Les trois startups gagnantes de la première édition du BMW Tech_Date ont été accueillies ce jour par BMW Group au Mondial de l’automobile pour présenter leurs technologies innovantes primées lors du concours le 9 juin dernier:

Nexyad pour SafetyNex, un logiciel d’estimation embarquée du risque de conduite ; Oridao pour Radiobus, une technologie de mise en réseau instantanée des véhicules avec des objets connectés ; Sentryo pour ICS CyberVision, une solution de cybersécurité pour l’internet industriel.

Lire le communiqué de presse BMW

BMW Tech_date Laureates


SafetyNex Revolution in Road Safety

SafetyNex the Smartphone App that revolutionizes automotive world : Autonomous car, Car insurance, Fleet management, use of Telematics for retail.

Version française

SafetyNex is a smartphone application developed and marketed by NEXYAD and which reduces by 20% the number of road accidents [1]. This application is of direct interest to many application targets.

– Driver
– Insurance Companies
– Car Manufacturers
– Fleet Managers
– Mass Marketers

Read the Paper Here

Ségolène Royal a félicité les Lauréats IPME

Le 28 septembre 2016 à la Maison de la Chimie, Ségolène Royal, Madame la Ministre de l’Écologie, du Développement durable et de l’Énergie a remis les prix aux lauréats « Initiative PME » de l’ADEME.

Voir la liste ici

Nexyad concourrait dans le cadre du projet SEMACOR (portage de SafetyNex sur les smartphones).

Merci à l’ADEME.

Ademe IPME 01
Les Lauréats IPME


Ademe 02
Madame la Ministre Ségolène Royal, Gérard Yahiaoui, P-DG de Nexyad


Diplome SEMACOR

La Révolution SafetyNex

SafetyNex, une App SmartPhone qui révolutionne le monde de l’automobile : véhicules intelligents, assurance auto, gestion de flottes, utilisation du digital pour le retail

English translation

SafetyNex est une application Smartphone développée et commercialisée par NEXYAD, et qui permet de réduire de 20% le nombre d’accidents de la route [1]. Cette application présente un intérêt applicatif direct pour de nombreuses cibles.

– Le conducteur
– L’assureur automobile
– Le constructeur automobile
– Le gestionnaire de flotte auto
– Le grand distributeur

Lire le papier

Read the Papers about SafetyNex

SafetyNex is the ultimate SmartPhone App for real time onboard driving risk assessment.
See how it works and how SafetyNex can reduce accident rate by 20% with respect for driver’s privacy.
Just read all the papers (available both in English and En Français) and feel free to contact NEXYAD for any question : sales@nexyad.net
Note : NEXYAD will present SafetyNex on the BMW booth at MONDIAL de L’AUTO, in Paris, the 5th of October (*)
SafetyNex Card 1SafetyNex Card 2
(*) SafetyNex was selected by BMW during the BMW Tech Date Challenge in Paris in June 2016.

En Français :

. SafetyNex réduit de 20% le nombre d’accidents de la route

. Modification profonde du métier de l’assurance auto : apport de SafetyNex

. Estimation du risque d’accident par télématique embarquée dans le véhicule, et respect des libertés individuelles grâce à SafetyNex

. présentation de SafetyNex : LA solution d’estimation temps réel embarquée du risque de conduite

In English :

. SafetyNex reduce road accident rate by 20%

. Deep changes in the business of Car Insurance : SafetyNex can help

. Car telematics for onboard real time driving risk assessment, and respect for privacy using SafetyNex

. SafetyNex presentation : the ultimate solution for real time onboard driving risk assessment

SafetyNex App could reduce accident rate by 20%



SMARTPHONE APP SafetyNex COULD REDUCE ACCIDENT RATE BY 20%

Version française

by Nexyad

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 stays in a garage will never have an accident!)

But the main business of the insurer deals with the concept of risk, and then, we have seen a lot of telematics firms proposing automatic detection of risky behaviors. The most common is the so-called detection of « severe braking », which is based on the assumption that severe braking reveals a lack of anticipation, and thereby a dangerous driving. We now know that this assumption is totally false [1], but it is still in the mind of some insurers that « want to believe » there is a simple way to classify human beings behaviours. However, the lack of results of these deployments has led some German and US insurers to abandon Telematics [2].

Read the entire paper

Nexyad excited before visiting BMW in Munich



As part of the challenge BMW Techdate, last june, Nexyad is invited to visit BMW facilities and to share with their researchers in Munich.


BMW in Munich
BMW Headquarters


Indeed, as a reminder, Nexyad is one of the three winners of this challenge organized by BMW France to honor the French technology innovations : we had been presented our Onboard Risk Assessment App on smartphone : SafetyNex that measures risk taken by the driver. Gérard Yahiaoui our CEO participated at this time with Serge Naudin President of BMW France to a TV Show on BMF Business.
Then Nexyad team will fly monday to the capital of Bavaria for a stay of four days.
We already want to thank BMW for this opportunity.


BMW Techdate Laureat

L’APP SMARTPHONE SafetyNex POURRAIT REDUIRE DE 20%
LE NOMBRE D’ACCIDENTS DE LA ROUTE
Nouveau papier de Nexyad

L’APP SMARTPHONE SafetyNex POURRAIT REDUIRE DE 20%
LE NOMBRE D’ACCIDENTS DE LA ROUTE

English translation

par NEXYAD

I – TELEMATIQUE EMBARQUEE ET ASSURANCE AUTOMOBILE : RAPPELS

La télématique embarquée permet de mesurer en situation le comportement d’un conducteur, et de ce fait, les assureurs auto se sont assez tôt lancés dans l’aventure, avec, il faut le dire, plus ou moins de succès.

Les applications les plus simples qui ont été déployées sont :
. localiser les véhicules volés
. mesurer les usages du conducteur, et en particulier le nombre de km parcourus pour proposer des tarifs au km (un véhicule qui ne roule jamais n’aura jamais d’accident !)

Mais le métier principal de l’assureur tourne autour de la notion de risque, et assez vite, on a vu des tentatives de détection automatique des comportements à risque. Le plus répandu est la détection des « freinages sévères », qui s’appuie sur l’hypothèse selon laquelle un freinage sévère révèle un manque d’anticipation, et par là-même une conduite dangereuse. Nous savons maintenant que cette hypothèse est totalement fausse [1], mais elle est encore présente à l’esprit de pas mal d’assureurs.

Le manque de résultats de ces déploiements a d’ailleurs conduit des assureurs allemands et américains à abandonner la télématique [2].

Lire la suite

App SafetyNex pour les assureurs

SafetyNex pour les compagnies d’assurance

. SafetyNex est une App Smartphone qui se vit par les conducteurs comme étant un véritable copilote digital : alerte en amont d’une difficulté dès lors que la vitesse excessive du véhicule montre clairement que le conducteur n’a pas identifié le danger. SafetyNex remonte périodiquement aux assureurs des profils d’usages et de risque.

. Les utilisations prévues de SafetyNex par les compagnies d’assurance sont :

– Augmentation de la marge opérationnelle de l’assureur : SafetyNex peut permettre d’éviter 20% des accidents de la route d’après les études publiées en Grande Bretagne et aux USA. Si la compagnie d’assurance déploie SafetyNex à primes constantes : elle offre à ses assurés, un outil perçu comme utile, et elle baisse l’accidentologie de 20%. Par ailleurs, les accidents non évités arrivant statistiquement moins vite (puisque le conducteur est prévenu en amont, il a le temps de ralentir), la sinistralité est plus faible. Cela s’applique à l’ensemble des conducteurs, y compris les jeunes conducteurs qui coûtent cher aux assureurs. Cet effet sur la marge ne demande aucun travail particulier à l’assureur.

– Pay as you drive : les usages sont tracés (km parcourus, tranches horaires, type d’infra Ville/Route/Autoroute, etc…) ce qui permet de proposer des tarifs à l’utilisation.

– Pay how you drive : le risque pris par le conducteur est mesuré, et permet à l’assureur d’ajuster ses segmentations de clientèles et ses tarifs s’il veut proposer des tarifs modulés par le risque.

– Prime écologique : SafetyNex intègre en option un système de calcul de l’éco-conduite qui est inversement proportionnel à la brutalité de la conduite.

– Prévention : les profils de risque peuvent être croisés avec des causes de risque (vitesse inadaptée en virage, sur croisement, sur zones piétonnes, etc…) si bien qu’il est possible de proposer des sensibilisations, stages, et formations ciblés sur une population.

– Silver coaching : le suivi des risques dans le temps peut permettre de déceler une baisse d’aptitude à la conduite chez les séniors. Dans ce cas, l’assureur peut intervenir pour aider son client à baisser son risque tout en restant conducteur le plus longtemps possible.

– Assistance : en cas de choc sévère, le smartphone propose un « gros bouton » OK permettant d’appeler en un clic un numéro de téléphone préenregistré par l’App.

NB : SafetyNex s’inscrit parfaitement dans les évolutions du métier de l’assureur, telles que présentées dans les publications de synthèse des cabinets de Consulting de renommée mondiale (Accenture, BCG, Deloitte, KPMG, McKinsey, etc …)

SafetyNex ne remonte AUCUNE donnée brute et/ou indiscrète (compatibilité CNIL à 100%). Toutes les données brutes, nécessaires aux calculs, sont utilisées DANS le smartphone (calculs sur le microprocesseur du smartphone) et non stockées.

SafetyNex a été validé sur 50 millions de km.

Les données remontées dans le cloud sont des histogrammes (profils) et tous les croisements des variables :
. usages : km parcourus, ville/route/autoroute, tranches horaires, zone géographique (département)
. risque (histogrammes et grandes catégories de risques)
. note éco (en option)

Voici des écrits synthétiques de NEXYAD :

Modification profonde du métier d’assureur (et apport dans ce cadre de l’App SafetyNex)

Mesure embarquée du risque d’accident avec SafetyNex et respect des libertés individuelles.

Estimation embarquée et temps réel du risque de conduite, corrélé avec l’accidentologie : SafetyNex

SafetyNex for Insurance Companies

SafetyNex for insurance companies

. SafetyNex is a Smartphone road safety App that works like a true digital co-pilot : warning the driver when approaching a dangerous area, once the excessive speed of the vehicle clearly shows that the driver did not notice the danger. SafetyNex records for insurers profiles of risk and usage.

. Insurance Companies can use SafetyNex for several purposes :

– Increase operating margin of the insurer
SafetyNex can prevent 20% of road accidents according studies published in Great Britain and the USA. If the insurance company deploys SafetyNex with no premiums change : it offers a tool to its policyholders perceived as useful, and it decreases the accident of 20%. Moreover, accidents that may not be avoided come statistically slower (because the driver is warned and has time to slow down), the loss ratio is lower. This applies to all drivers, including young drivers that are costly to insurers.

– Pay as you drive: usages are plotted (km traveled, type of infra City / Highway / Highway, time slots, etc …) allowing to offer per-use rates.

– Pay how you drive: the risk taken by the driver is measured, and allows the insurer to adjust its client segmentation and its prices if it wants to offer rates modulated by the risk.

– Ecological bonus: SafetyNex incorporates an optional eco-driving scoring system that is inversely proportional to the brutality of driving.

– Prevention: the risk profiles can be crossed with class of risk (inappropriate speed cornering, on crossing over pedestrian zones, etc …) so it is possible to provide sensitization, courses, and targeted training on a population.

– Silver coaching: risk monitoring among time may help to detect a decline in driving ability for seniors. In such a case, the insurer may act to help its customers to lower their risk while staying as long as possible a driver.

– Support: in severe crash, the smartphone pops up a « big OK button » for calling in one click a phone number prerecorded by the App.

NB: SafetyNex fits perfectly with deep changes in the car insurance business, as presented in publications of Major Consulting Groups (Accenture, BCG, Deloitte, KPMG, McKinsey, etc …)

SafetyNex doesn’ record any raw data and / or intrusive data (100% CNIL and privacy protection compatibility). All raw data required for risk assessment are used INSIDE the smartphone (computing on the microprocessor of the smartphone) and those raw data are not recorded.

SafetyNex was validated on 50 million km.

Data recorded in the cloud are histograms (profiles) and all crossings of variables:
. usage : kilometers traveled, city / highway / motorway, time slots, geographical area (department)
. risk (histograms and broad risk categories)
. Eco rating (optional)

Here are papers of NEXYAD:

Deep Changes in the Business of Car Insurance. Contribution of Smartphone App SafetyNex in this Global Context.

Onboard Measurement of Risk of Accident with SafetyNex (real time risk assessment): Application to Prevention, Auto Insurance Pricing, Respecting Privacy of Driver

The Ultimate Solution for Insurance Companies that need Onboard Risk Assessment.