July 18, 2012 at 10:32 pm
Comments posted to this topic are about the item Using Technology In New Ways
July 19, 2012 at 2:02 am
I work for an insurance company who sell a product that uses telematics equipment to monitor drivers performane.
Essentially we install a black box in their car that has a 3G internet connection, a gps receiver and a g-force senosr.
we can track how fast they drive vs speed limit on the roads they are on and the g-forces caused by their cornering and acceleration to see if they are driving safely.
we first sell them a policy on monthly instalments with an estimated annual premium. if they drive safely their monthly instalments drop by as much as 25%, if they drive badly their instalments go up by up to 25%. Premium reviews take place quarterly.
drivers can opt-in to a 'how am i doing' service where we will send them an SMS to see how their driving was on the day before.
This has proved to be very popular with parents of new/young drivers as the threat of increased premiums encourage young drivers to behave and the chance of a reduced premium (in times when insurance for young people is ridiculously expensive) is an incentive to drive safely.
So far we have been operating a low-cost insurance product for young drivers profitably. Most insurance providers offer low cost insurance to young drivers at a loss so as to encourage them to remain brand loyal later on.
Ben
^ Thats me!
----------------------------------------
01010111011010000110000101110100 01100001 0110001101101111011011010111000001101100011001010111010001100101 01110100011010010110110101100101 011101110110000101110011011101000110010101110010
----------------------------------------
July 19, 2012 at 2:56 am
BenWard (7/19/2012)
I work for an insurance company who sell a product that uses telematics equipment to monitor drivers performane.Essentially we install a black box in their car that has a 3G internet connection, a gps receiver and a g-force senosr.
we can track how fast they drive vs speed limit on the roads they are on and the g-forces caused by their cornering and acceleration to see if they are driving safely.
This is a good one. I am based in India and just this week the government has recommended a law which would implement this kind of technology in automobiles.
M&M
July 19, 2012 at 6:26 am
Well in a less privacy intrusive direction:
There is work on pixel based auto headlights, with a camera and computer that tracks individual raindrops in front of the lens and sequentially turns off pixels to reduce reflection.
...
-- FORTRAN manual for Xerox Computers --
July 19, 2012 at 6:30 am
jay-h (7/19/2012)
Well in a less privacy intrusive direction:
Lol it's only 1 insurance product of many that we sell, it's only used for customers who request it 😛
Funny enough despite working for the company they refuse to cover me on that scheme - car's too powerful for their tastes I guess!
Ben
^ Thats me!
----------------------------------------
01010111011010000110000101110100 01100001 0110001101101111011011010111000001101100011001010111010001100101 01110100011010010110110101100101 011101110110000101110011011101000110010101110010
----------------------------------------
July 19, 2012 at 6:32 am
BenWard (7/19/2012)
jay-h (7/19/2012)
Well in a less privacy intrusive direction:Lol it's only 1 insurance product of many that we sell, it's only used for customers who request it 😛
Funny enough despite working for the company they refuse to cover me on that scheme - car's too powerful for their tastes I guess!
I wonder how that accelerometer would react next time I took my Jeep trail riding? G-forces in every direction.
...
-- FORTRAN manual for Xerox Computers --
July 19, 2012 at 6:38 am
jay-h (7/19/2012)
BenWard (7/19/2012)
jay-h (7/19/2012)
Well in a less privacy intrusive direction:Lol it's only 1 insurance product of many that we sell, it's only used for customers who request it 😛
Funny enough despite working for the company they refuse to cover me on that scheme - car's too powerful for their tastes I guess!
I wonder how that accelerometer would react next time I took my Jeep trail riding? G-forces in every direction.
Sounds like great fun 🙂 I'd recommend against insuring with us then as we exclude cover for motor sports and trials by default!
Ben
^ Thats me!
----------------------------------------
01010111011010000110000101110100 01100001 0110001101101111011011010111000001101100011001010111010001100101 01110100011010010110110101100101 011101110110000101110011011101000110010101110010
----------------------------------------
July 19, 2012 at 9:03 am
BenWard (7/19/2012)
we can track how fast they drive vs speed limit on the roads they are on and the g-forces caused by their cornering and acceleration to see if they are driving safely.
How do you determine that without knowing the circumstances, though? They might have got a massive g-force spike because they were braking to avoid running into a jaywalking nun, for instance...
July 19, 2012 at 9:34 am
paul.knibbs (7/19/2012)
BenWard (7/19/2012)
we can track how fast they drive vs speed limit on the roads they are on and the g-forces caused by their cornering and acceleration to see if they are driving safely.
How do you determine that without knowing the circumstances, though? They might have got a massive g-force spike because they were braking to avoid running into a jaywalking nun, for instance...
From what I understand of those services (I've read about them, not used them), a single incident won't affect the way it operates.
So, unless you have to break suddenly for jaywalking nuns several times per day, it shouldn't affect the insurance rates.
It's not looking for a sudden swerve, stop, or punch, it's looking for a pattern.
- Gus "GSquared", RSVP, OODA, MAP, NMVP, FAQ, SAT, SQL, DNA, RNA, UOI, IOU, AM, PM, AD, BC, BCE, USA, UN, CF, ROFL, LOL, ETC
Property of The Thread
"Nobody knows the age of the human race, but everyone agrees it's old enough to know better." - Anon
July 19, 2012 at 9:37 am
paul.knibbs (7/19/2012)
How do you determine that without knowing the circumstances, though? They might have got a massive g-force spike because they were braking to avoid running into a jaywalking nun, for instance...
lol jaywalking nun, I like it 🙂
it's all done on averages. We wouldn't penalise a customer who almost always has Gs of 1.5 and only once or twice gets Gs of 5+.
Also you can tell from gps speed etc whether you were accelerating or deccelerating at the time of the high g-forces.
the other consideration would be if you loaned your car to another driver, you're not driving it, but the telematics still run so we take journeys into account too. if 98% of journeys are a score of 1.7 dangerocity (not that this is a real word) and 2% of journeys score 7.8 we would be able to identify that this is unusual behaviour and therefore reduce it's impact from a standard mean average because of it's unusual nature.
Ben
^ Thats me!
----------------------------------------
01010111011010000110000101110100 01100001 0110001101101111011011010111000001101100011001010111010001100101 01110100011010010110110101100101 011101110110000101110011011101000110010101110010
----------------------------------------
July 19, 2012 at 10:29 am
BenWard (7/19/2012)
I work for an insurance company who sell a product that uses telematics equipment to monitor drivers performane.Essentially we install a black box in their car that has a 3G internet connection, a gps receiver and a g-force senosr.
we can track how fast they drive vs speed limit on the roads they are on and the g-forces caused by their cornering and acceleration to see if they are driving safely.
Very cool!
July 19, 2012 at 11:30 am
I love technology a lot, it can improve our lives considerably. However, when it starts tracking our day-to-day personal habits like driving, eating, drinking,etc., then I think we are quickly approaching a "nanny state". Government, or its policies, should not be overprotective, penalize, or interfere with "personal choice" in my opinion. For example, I know that eating 3 Big Macs a day is really bad for people, but it is still their choice to do so in America. 😀
"Technology is a weird thing. It brings you great gifts with one hand, and it stabs you in the back with the other. ...:-D"
July 19, 2012 at 3:23 pm
BenWard (7/19/2012)
paul.knibbs (7/19/2012)
How do you determine that without knowing the circumstances, though? They might have got a massive g-force spike because they were braking to avoid running into a jaywalking nun, for instance...lol jaywalking nun, I like it 🙂
it's all done on averages. We wouldn't penalise a customer who almost always has Gs of 1.5 and only once or twice gets Gs of 5+.
Also you can tell from gps speed etc whether you were accelerating or deccelerating at the time of the high g-forces.
the other consideration would be if you loaned your car to another driver, you're not driving it, but the telematics still run so we take journeys into account too. if 98% of journeys are a score of 1.7 dangerocity (not that this is a real word) and 2% of journeys score 7.8 we would be able to identify that this is unusual behaviour and therefore reduce it's impact from a standard mean average because of it's unusual nature.
That all sounds really good. I would like to have that information provided to me in the case when I loan my car to somebody or let a teen drive it so I could show them the proof of how bad they drive. 😎
Jason...AKA CirqueDeSQLeil
_______________________________________________
I have given a name to my pain...MCM SQL Server, MVP
SQL RNNR
Posting Performance Based Questions - Gail Shaw[/url]
Learn Extended Events
Viewing 13 posts - 1 through 12 (of 12 total)
You must be logged in to reply to this topic. Login to reply