CLOUD & CYBER
The Future of Telematics – AI and Beyond
autonomous vehicles become mainstream , and there is no longer a human driver to monitor ?
Morris-Fletcher believes the technology will be in greater demand for several reasons and says telematics will play an essential role in the autonomous car market . “ It can be argued that telematics is more important to automated vehicles than for those with human drivers ,” he says because autonomous vehicles are not yet as safe as cars with real drivers .
“ Telematics can track the behaviour of driverless vehicles ,” he explains , “ and tell their owners if they ’ re moving safely , pinpointing any areas that require attention . In the short term , the expected change automated vehicles will bring to the telematics space is that the devices will become more popular .”
However , the long term story is more difficult to forecast , he acknowledges . “ As driverless vehicles become more advanced , it ’ s difficult to say what changes will come . However , the expectation is that telematics will remain an important way of reviewing the performance of these vehicles .”
Brockman agrees . He says connected cars will almost certainly have telematics embedded , and this will reduce the need for a device to be fitted to the vehicle . The question will then be how insurance providers gain access to the data from the car for the purposes of insurance .
“ The data belongs to the driver , and they will need to provide consent for that data to be shared in return for a personalised premium . This is a key time for the insurance market to prepare for this future and learn how they can leverage driving data to provide real value to their customers .”
Rimmer concurs . He says , " Data will come directly from the vehicle . Telematics hardware will disappear , but telematics data will remain . The data will also be richer than what we can currently access . This richer data will become essential because the risk moves from the driver to the vehicle in an autonomous future , and this will mean that the data becomes necessary rather than optional when underwriting that risk ." insurtechdigital . com 89