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') } else if (width >= 1601) { console.log ('wallpaperb'); document.write('') } else { console.log ('nowallpaper'); document.write(' ') } // --> ') } else { console.log ('hi2SS'); document.write(' ') } // --> * Sign-up for Free Weekly E-Newsletter * Meet the Editors * Contact Us * Media Pack * * * Navigate * * News * ADAS * AI & Sensor Fusion * Business * Concept vehicles * Connectivity * Cybersecurity * Expo * HMI * Last-mile delivery * Legislation * Mapping * Mobility solutions * Off-highway * Robotaxis * Safety * Sensors * Simulation * Testing * Trucks * V2X * Features * Online Magazines 1. November 2021 2. May 2021 3. October 2020 4. June 2020 5. Subscribe Read The Latest Issue November 15, 2021 IN THIS ISSUE – NOVEMBER 2021 Recent Magazine Issues November 15, 2021 In this Issue – November 2021 May 20, 2021 In this Issue – May 2021 September 17, 2020 In this Issue – October 2020 * Opinion * Videos * Supplier Spotlight * Subscribe * Jobs * Browse Industry Jobs * Post a Job – It’s FREE! * Manage Jobs (Employers) You are at:Home»News»ADAS»WTW and Thatcham Research partner to help UK insurers grappling with ADAS complexity ADAS WTW AND THATCHAM RESEARCH PARTNER TO HELP UK INSURERS GRAPPLING WITH ADAS COMPLEXITY By Lawrence Butcher January 26, 2022 No Comments LinkedIn Tweet Share Email + Insurance and technology consultants WTW and UK-based vehicle risk data specialist Thatcham Research have announced a partnership to combine their data and analytical capabilities to deliver a more comprehensive understanding of the impact advanced vehicle technologies are having on claims risk. With even mass market family hatchbacks featuring advanced driver assistance systems (ADAS), expensive headlights and keyless and connectivity systems, the complexity of risk assessment for insurers is increasing. Claims leaders, underwriters, pricing teams, reserving actuaries and senior management need to understand the extent to which these novel risk factors are driving new claims trends. For example, which vehicle features represent the highest claims risk, higher inflationary costs or actual savings, such as from reduced injury frequency and severity. ') } else { console.log ('nompuad'); document.write(' ') } // --> ') } else if (width >= 425) { console.log ('largescreen'); document.write('') } else { console.log ('nompuad'); document.write(' ') } // --> Containing data for over 50,000 vehicle variants, the Thatcham Research data set Variant Code provides data granularity on the growing variety of standard and optional features in UK vehicles. Meanwhile, WTW’s Claim Metrics platform provides deep analysis of claims activity in the personal lines insurance market. The tie-up will see Variant Code’s vehicle specificity combine with Claim Metrics’ data and analytics to give insurers far deeper, richer insights of emerging trends in claims risks at a granular level in terms of claims characteristics, geography and vehicle type. Daniel Payne, chief digital officer at Thatcham Research, explained, “Vehicles are set to change more in the next five years than they have in the last 50. Combining the uniquely granular data and sophisticated analytics capabilities of Variant Code and Claim Metrics is a win-win for insurers. Empowered by new levels of insight, claims, underwriting and pricing teams are able to make more informed decisions, and price according to the specific features of a particular model variant. This capability is fundamental to maintaining competitive advantage, as vehicles evolve and technologies that were once the preserve of high-end models increasingly become available at entry level.” Share this story: LinkedIn Twitter Facebook Email ABOUT AUTHOR Lawrence Butcher Lawrence has been covering engineering subjects – with a focus on motorsport technology – since 2007 and has edited and contributed to a variety of international titles. Currently, he is responsible for content across UKI Media & Events' portfolio of websites while also writing for the company's print titles. RELATED POSTS * January 31, 2022 NC STATE UNIVERSITY DEVELOPS NEW AI METHOD TO BOOST COMPUTER VISION * January 28, 2022 BUNSEI KURE BRINGS JAPANESE MARKET EXPERTISE TO VISTEON BOARD * January 26, 2022 UK LAW COMMISSIONS PROPOSE AUTOMATED VEHICLES ACT Comments are closed. * MOST READ * January 31, 2022 NC State University develops new AI method to boost computer vision * January 26, 2022 UK Law Commissions propose Automated Vehicles Act * January 27, 2022 Self-Driving Coalition for Safer Streets rebrands as AVIA * * FREE WEEKLY E-NEWSLETTER RECEIVE BREAKING STORIES AND FEATURES IN YOUR INBOX EACH WEEK, FOR FREE Enter your email address: * * * * © 2021 UKi Media & Events a division of UKIP Media & Events Ltd * Cookie Policy * Privacy Policy * Terms & Conditions * Notice & Takedown Policy * Site FAQs * Automotive Interiors * Automotive Testing * Engine Technology * Professional Motorsport * Tire Technology This site uses cookies. 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