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Aioi Nissay Dowa Insurance
Transforming car insurance and improving driver safety
Customer
Operating within MS & AD Insurance, one of Japan’s largest nonlife insurance groups, Aioi Nissay Dowa Insurance is committed to helping realize a safer, more secure mobility society. A pioneer in telematics-based automobile insurance, Aioi Nissay Dowa Insurance offers a wide range of products to meet a wide variety of customer needs.
Challenge
Insurance companies have previously relied on subjective accounts, often based on the driver’s personal recall, to analyze road traffic accidents. As a result, settlement negotiations can be very difficult and time-consuming.
Solution
Aioi Nissay Dowa Insurance developed a system using both AI-based image recognition technology, to accurately determine signal colors and road conditions, and Fujitsu’s unique Visual SLAM technology, to accurately record vehicle position and speed.
Outcomes
- The solution objectively records key information such as the color of traffic lights and the speed of the vehicles involved in an accident
- The solution also quickly and accurately analyzes the accident situation to facilitate accident handling and out-of-court negotiations
- By providing a 24/7 hour and 365-day response to accidents, the solution can reduce the time required to pay out property damage liability insurance by approximately 50%