Usage Based Insurance (UBI)

ETRI develops a high performance processor for autonomous vehicles

Researchers from Korea’s Electronics and Telecommunications Research Institute (ETRI) have developed a high performance processor for autonomous vehicles called Aldebaran. Increased focus by the automotive and IT industries...


Apple applies for patent for a collision avoidance system

The news has been making rounds that Apple is working on autonomous driving systems after scaling back its ‘Project Titan’ which was about the company’s plans to build...


Apple confirms investment in autonomous cars

Apple has acknowledged for the first time that it is investing in self-driving car tech. In a letter to US transport regulators, Apple said it was “excited about the...


Opportunities and Challenges of Insurance Telematics

Professor Peter Handel, Professor of Signal Processing and Head of the Department of Signal Processing, Royal Institute of Technology KTH   Some two decades after the initial ideas and trials of...


10 Takeaways from the Future of Insurance and InsureTech Connect Conference

You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October...


What is InsurTech, Origin and History in Financial Technology?

InsurTech is a fintech subsector that is growing fast, with the global InsurTech market expected to grow at a compound annual growth rate of over 10% between 2016...


Global automotive eCall market to grow at 30%

Technavio analysts forecast the global automotive eCall market to grow at a CAGR of almost 30% during the forecast 2016-2020, according to their latest report. According to a study...


Future trends in automotive telematics market

From country perspective, Asia Pacific automotive telematics market is segmented into India, China, Oceania, ASEAN, Japan and South Korea. Currently, China dominates the Asia Pacific automotive telematics market...


Frost & Sullivan: Advancements in biometrics to transform the driving experience

Advancements in biometrics will radically transform the driving experience, health wellness and wellbeing (HWW), and security of vehicles by 2025. As one in three new passenger vehicles begin...


Global automotive electronics market estimated to be US$ 290 billion by 2024

According to Hexa Research, global automotive electronics market is estimated to be valued more than USD 290 billion by 2024. Rising premium audio system and advanced driver assistance...