Insurance Telematics Using GPS Tracker and Smartphone

Abstract

Insurance telema cs is widely used in Europe by young and fi rst-me car drivers [1] [1]. It relies on an insurance premium that is based not only on sta c measures, but also on dynamic measures. The dynamic measures are the current posi on of vehicle, the current speed at that posi on, me spent on the road, the driver's style of driving etc. When we talk about insurance telema cs, we refer to insurance schemes pay-as-you-drive (PAYD), pay-how-you-drive (PHYD) and manage-how-you-drive (MHYD). Telema cs could be smartphone based insurance with technology which relies on insurance premiums that refl ect the risk profi le of drivers and the tradi onal in-car mounted devices for insurance telema cs. This telema cs work is experience from a recent insurance telema cs valida on and analyst pilot run in England on motorway around the Heathrow airport. In this telema cs test, the global posioning system (GPS) and smartphone is used as receiver.The small global posi oning system (GPS) transmi er is a small tracker in-car mounted devices with SIM card with is set up for sending SMS to smartphone every ½ minutes. The smartphone is the receiver equipment which is used to collect telema cs data which is ready for analysis. There are many companies around with data analy cs exper se who use the latest big data analy cs technology such as Hubio Dynamic Data Warehouse[2] [2]. They analyse data from a wide range of diff erent data sources, including databases, sensors, smartphones and social media.