Over the next 18 months Satsafe will be working with Manchester City Council, Transport for Greater Manchester and some of the world’s leading technology businesses: BT, Cisco and others, to demonstrate the commercial, environmental and societal benefits of telematics ‘black-box’ technologies when deployed in a range of mobile IoT use cases.
Telematics, the power behind Usage Based Insurance (UBI), enables customers to access discounted insurance if they drive well. Through CityVerve, Satsafe is looking beyond the established market for this technology (young drivers) and exploring the potential to engage with elderly and other vulnerable people, taxis, minibuses for school and community transport, couriers and light commercial vehicles.
Our IoT Risk Platform will be applying Machine Learning (ML) to telematics data. Enabling a dynamic and self-learning approach, artificial intelligence of this nature has the potential to facilitate significant efficiency and performance improvements whilst optimising and improving the relevance of driver scoring in different use cases.