Europe and North America will reach 65.2 million active insurance telematics policies in 2021

Europe and North America will reach 65.2 million active insurance telematics policies in 2021

Europe and North America will reach 65.2 million active insurance telematics policies in 2021

According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 6.8 million in Q4-2016.

Growing at a compound annual growth rate (CAGR) of 34.8 percent, this number is expected to reach 30.0 million by 2021.

In North America, the number of insurance telematics policies in force is expected to grow at a CAGR of 38.2 percent from 6.9 million in Q4-2016 to reach 35.2 million in 2021. The European insurance telematics market is largely dominated by hardwired aftermarket black boxes while self-install OBD devices represent the vast majority of the active policies in North America. Several major US insurers have however recently shifted to solutions based on smartphones. Berg Insight expects a rapid increase in the uptake of smartphone-based solutions in all markets in the upcoming years.

Martin Svegander M2M/IoT analyst at Berg Insight, said:

“The US, Italy, the UK and Canada are still the largest markets in terms of insurance telematics policies.”

In North America, the market is dominated by US-based Progressive, Allstate, Liberty Mutual and State Farm as well as Intact Financial Corporation and Desjardins in Canada. The Italian insurers UnipolSai and Generali together accounted for around 50 percent of the telematics-enabled policies in Europe. Insurers with a strong adoption of telematics-enabled policies in the UK moreover include Admiral Group, Insure The Box and Direct Line. Several insurers in the rest of Europe have also shown a substantial uptake of telematics in 2016–2017.

“Insurers are increasingly expected to embrace every aspect of telematics to reduce the cost of claims, improve the underwriting process and add services to increase the customer value through differentiated telematics offerings”, continued Mr. Svegander.

He added that several attempts to reduce distracted driving and increase consumer engagement using smartphone-based insurance telematics have been seen in both Europe and North America. “Consumer engagement is now the focus for most insurance telematics programmes and will continue to be an important topic in the near term”, concluded Mr. Svegander.

Berg Insight chart: insurance telematics policies in force Europe and North America 2016-2021The insurance telematics value chain spans multiple industries including a large ecosystem of companies extending far beyond the insurance industry players. Automotive OEMs are showing an increasing interest in insurance telematics. Examples include General Motors, Ford, BMW, Daimler, PSA Group and Fiat. The vehicle manufacturers are expected to drive the long-term development of insurance telematics by offering the possibility to utilise connected car OEM data in pay-how-you-drive offers.

Notable aftermarket telematics service providers with a focus on insurance telematics include Octo Telematics with over 5.3 million active devices in Q4-2017 and other end-to-end solution providers such as Vodafone Automotive and Viasat Group. LexisNexis Risk Solutions, Intelligent Mechatronic Systems, Cambridge Mobile Telematics, Modus, The Floow, Scope Technologies and TrueMotion are also important players on the insurance telematics market.

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Ethertronics Launches First Complete LoRa Module with Active Steering Antenna

Ethertronics Launches First Complete LoRa Module with Active Steering Antenna

  • Complete solution for LoRa devices, including passive and active antennas, certified LoRa module, software integration, testing, device pre-certification.
  • Ethertronics LoRa module features active impedance matching that will maximize the power transfer to the antenna and support Ethertronics Active Steering™ antennas that produce dynamic radiation patterns that provide unmatched long range performance and reliability

  • Ethertronics, the leader in ultra-high performance smart antenna system solutions, announced today the industry first complete plug and play LoRa module for Low-Power Wide Area Network (LPWAN) connectivity.

    It delivers very long range and unmatched reliable antenna performance using Active Steering™ for the LoRa ecosystem of Internet of Things (IoT) and Machine-to-Machine (M2M) applications. Ethertronics is the first to provide a complete LoRa ecosystem solution, including module, active antennas, active measurement capability, software integration support and pre-certification to expedite time to market.

    Ethertronics Active Steering antenna technology and module for the LoRa ecosystem provides significant improvement in reliability of the wireless link and range by using dynamic radiation patterns, enabling customers to place their IoT or M2M sensor or device virtually anywhere. The improved range in low data rate applications will result in longer range tracking performance and pinpoint indoor location accuracy, while making the process of installing and positioning an IoT or M2M Lora module much simpler and cheaper.

    Vahid Manian, Chief Operating Officer with Ethertronics, said:

    “Ethertronics’ complete LoRa module features our Active Steering antenna system and Active impedance matching, and delivers unprecedented ultra-long range performance, reliability and low power that makes suitable the billions of LoRa based IoT devices.”

    “Our expertise in design, testing, and pre-certification allows us to be a one-stop-shop for anyone looking to build the highest performing LoRa solution and get to market as quickly as possible.”

    Ethertronics Active Steering technology and Active impedance matching technology solves many of the problems associated with using a passive antenna in small IoT devices. When you install LoRa products today you often cannot place it in a hidden environment, location or behind walls – and it requires you to place more sensors or devices closer together, which increases cost. Quite often the IoT device with passive antenna simply does not work, due to its weak antenna signal. The active impedance matching capability of the Ethertronics LoRa module helps to handle the detuning of the antenna by its surrounding environment, while the multiple radiation patterns available from the Ethertronics Active Steering™ antenna along with the strong dual polarization properties, provides a more reliable signal that can be received across a large number of channels within a communication link.

    Active Steering optimizes the antenna characteristics to the environment, resulting in better signal reception. The Active Steering algorithm continually samples and switches between radiation patterns in the millisecond time-frame to optimize a reliable communication link and provide ultra-long range performance for a host of IoT devices for Smart Cities, Home and Building, Environment, Metering, Agriculture, Industry 4.0 and smart Retail and Logistics applications. Ethertronics new LoRA complete module solution leverages on the family of active Steering antennas, switches and algorithm that delivers the very long range performance, reliability and low power required for emerging IOT and smart cities applications.

    Ethertronics is a member of the LoRa Alliance, which along with its LoRa ecosystem, is the fastest growing alliance in the IoT sector, and the addition of Ethertronics will help standardize LoRa and LoRaWAN for IoT low-power wide-area networks (LPWAN) worldwide.

    Ethertronics LoRa Performance Metrics

    • Long range: >15 km / 9 mi range
    • Low power: 2-10 year expected battery lifetime (depending the application)
    • Low cost: from end-node sensor cost to upfront infrastructure investment

    Key LoRa Module Features with Active Steering for IoT and M2M Applications

    • Impedance tuning and active Steering for LoRa applications
    • Battery and autonomy optimization to meet low-power requirements
    • Certified LoRa module solution that includes design, testing, certification with a single company
    • Deliver best antenna performance using Ethertronics Active Steering™ technology
    • Unmatched communication link reliability
    • Active Steering™ antenna technology uses multiple radiation patterns to provide industry leading reliability and long range performance

    The post Ethertronics Launches First Complete LoRa Module with Active Steering Antenna appeared first on IoT Business News.

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    Building Trust in Autonomous Vehicles: Active Safety Systems Must Converge with In-Vehicle Infotainment

    This is the third in a series of blog posts based on Intel research into human-machine interfaces (HMIs) for automated driving. Read the first and second in this series.

    In my previous articles, I’ve written about why it’s so important to design experiences that build trust and confidence in automated vehicles. Now I’ll go over some of the technologies that work inside the vehicle to support these experiences and how we can design systems to provide more seamless interactions between a vehicle and its passengers.

    Taking a step back, let’s start with a word: convergence. Convergence is the single greatest accelerator for the development and adoption of automated and fully autonomous vehicles. We are converging the automotive industry with the technology industry. Mechanical engines with computing engines. Physical experiences with digital experiences.

    For the purposes of this article, let’s explore the convergence of two previously disparate systems within the vehicle itself: active safety and infotainment.

     

    Where Two Systems Meet

    A stock image tries to recreate the mood of Michelangelo's "The Creation of Adam" by having a person touch a computer screen.

    Active safety systems are as old as cars themselves. These are features that were designed to prevent accidents — think steering and brakes. More recently, active safety systems have expanded to include features like brake assist, adaptive cruise control and collision warning.

    On the other hand, in-vehicle infotainment was created for the pure enjoyment of the driver and his or her passengers. It started with the radio. Later, cassette and CD players were added to the mix. Today, a car’s entertainment might include navigation systems, video players and compatibility with the driver’s smartphone. When we talk about HMI, this is where it lives. The in-vehicle infotainment system is responsible for all interactions between a vehicle and its occupants.

    Historically, a vehicle’s infotainment and active safety systems have been strictly separated. They’re often developed by entirely different engineering teams. However, in a highly or fully autonomous vehicle, active safety systems need to interact with the driver or passengers — for example, to warn of a potential collision. Simply put, these two systems need to start working together.

     

    A Single Platform

    An automated BMW dashboard with hands-off steering.

    The solution my team at Intel has proposed is to converge the vehicle’s active safety and infotainment systems into a unified architecture. This architecture must link self-driving functionality with visual, audible and other communication with passengers.

    Architectural convergence can take a variety of forms. Vehicle engineers could physically converge active safety and infotainment systems onto a single high performance compute cluster. They could also keep them separate, but connected. Either way, engineering teams have a new challenge: How can they safely and securely link two very different systems in a way that delivers seamless communication — and a cohesive experience — to passengers?

    We believe that a single platform is the most elegant solution to this challenge. One system that delivers infotainment and HMI interactions, while also performing the active safety functions of the vehicle, affords exciting new opportunities for tight integration.

     

    Overcoming Challenges

    A man lets his new road trip buddy, his automated vehicle, take over the driving.

    That said, converging these systems requires specialized hardware separation to ensure that safety systems with high Automotive Safety Integrity Levels (ASILs) are protected and take priority over noncritical safety functions. In other words, collision avoidance is more important than, say, navigation. One excellent way to help isolate these functions is with Intel Virtualization Technology, which allows multiple workloads to share a common set of resources while maintaining full isolation from each other.

    Even if active safety and infotainment systems aren’t physically converged, they must still achieve convergence at a system level, with highly secure and deterministic mechanisms to communicate with each other. For example, if the active safety system needs to notify passengers of a situation immediately, it must have a secure channel to the infotainment system. Furthermore, whatever had been taking place on the infotainment system must be interrupted at once to deliver the safety message. Contrary to traditional design, these mechanisms will now likely require conformance to an ASIL for the very first time.

    But this challenge may not be as difficult as it seems. Again, hardware virtualization can provide an isolated extension of the active safety system, delivering the safety and security isolation needed to support a converged architecture.

    These are early days for automated vehicles. But if they are to truly succeed in the market, it will be critical to design trust interactions that make drivers and passengers feel safe, comfortable, confident and in control. To learn more about the road ahead for automated vehicles, visit intel.com/automotive. For more on Intel IoT developments, subscribe to our RSS feed for email notifications of blog updates, or visit intel.com/IoTLinkedInFacebook and Twitter.

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