Cambridge Mobile Telematics: VÍS Launches Car Insurance Priced on Driving Behavior
In partnership with CMT, Iceland s first Usage-Based Insurance program, Ökuvísir, will focus on improving road safety.
VÍS, the leading insurance company in Iceland, announced today the launch of the first car insurance program in the country that does not use traditional factors such as age as part of their pricing criteria but instead mileage and driving behavior.
Ökuvísir, powered by Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, will allow VÍS to change the way insurance is priced focusing on actual versus perceived risk, transparent pricing, and curbing phone-based distracted driving. According to a recent survey conducted by Zenter Research for VÍS, 46% of drivers in Iceland made phone calls while driving. 55% of adults and 73% of young drivers also admitted to texting while driving.
Internet of Things in Insurance Market Still Has Room To Grow: IBM, Microsoft, Oracle
texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Novice drivers on hand-held smartphones also drive under influence
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Novice drivers talking on hand-held smartphones more likely to run red-lights: Study
sify.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sify.com Daily Mail and Mail on Sunday newspapers.
E-Mail
Young novice drivers who speak into hand-held smartphones while driving are also likely to drive while under the influence of drink or drugs, according to researchers at Lero, the Science Foundation Ireland Research Centre for Software.
The study Smartphone Use While Driving: An Investigation of Young Novice Driver (YND) Behaviour, also found that speaking on a hand-held phone is strongly correlated with high-risk driving behaviours such as overtaking on the inside of the car ahead, speeding, driving without a valid licence and driving while intoxicated.
Lero researchers, surveyed 700 German Young Novice Drivers (YNDs), with an average age of just over 21. While the data relates to Germany, it may point to young drivers risky driving behaviour in other motorised countries, enabling road safety authorities to target information campaigns designed for younger drivers, the authors believe.