The old chestnut of “if the black box is so indestructible, why not make the whole plane out of it?” will soon be surfacing in the automobile sector, thanks to a new technological breakthrough. Motor car insurance incident managers will soon have a piece of technology in their arsenal when it comes to motor collision detection thanks to one accident management company.
Fleet services company Incident Support Group has developed so-called “black box” technology which may prove useful to car insurance companies thanks to its suite of telematics and impact sensors that can be configured to alert them in the event of a crash.
While the benefits to such a system are great in the areas of emergency services response times to possibly life-threatening accidents, a long-term benefit could actually help customers obtain cheaper car insurance. This could be achieved due to the immediate nature of the detailed information capture the new tech entails, thus expediting any car insurance companies in choosing appropriate courses of action during an insurance claim.
Gareth Wakefield, managing director for Incident Support Group, stated that the many of the new cost reduction strategies and reform procedures put in place by the Ministry of Justice are satisfied by how quickly accident reports can be made utilising the new technology.
Mr Wakefield added that insurers can reduce the costs of any claims that occur thanks to the proactive nature of the new detection system. Parties not at fault in any given accident can be contacted both efficiently and quickly by insurers, he concluded.
The benefits of the new technology can also be felt by not just car insurance groups but by fleet operators that insure themselves, as well. ISG’s Sense technology will allow them to measure several key factors such as the behaviour of their drivers, how often a vehicle exhibits excessive speeding, and a more accurate measure of any given vehicle’s fuel consumption statistics.
The old chestnut of “if the black box is so indestructible, why not make the whole plane out of it?” will soon be surfacing in the automobile sector, thanks to a new technological breakthrough.