Munich Re and Mobileye have partnered to equip commercial vehicles in the U.S. with the tech firm's advanced driver assistance systems and autonomous driving software designed to reduce car accidents.
The move is a response to a growing trend of auto collisions in the U.S, according to the companies. Munich Re will make Mobileye’s telematics platform available to its commercial insurance clients while also conducting regular loss analyses that help quantify the potential impact of the technology.
“Adding a crash avoidance system to a company’s risk management program for its fleet of vehicles can help mitigate the risk of a crash,” said Mike Scrudato, SVP and strategic innovation leader at Munich Re, US, in a statement. “Our partnership with Mobileye offers our clients and their customers with a range of fleet vehicles tools to help reduce property losses.”
Mobileye, purchased by Intel earlier this year, reduces dangerous contact with pedestrians and cyclists while helping drivers avoid unintentional lane departures. It's physical tech encompasses a windshield-mounted sensor and dashboard display screen.
“The ability to improve driver habits with real-time feedback coupled with re/insurance protection will provide companies with a well-rounded risk management solution for their fleets that improves road safety for everyone,” said Moran David,general manager of Mobileye's operations in the U.S. and Canada.
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