In order to gauge mobility risk, it is absolutely vital to understand the places through which mobility occurs in extreme detail. Risk is clearly not the same everywhere and as such The Floow goes to great lengths to understand how risk and behaviour alters by geography.
The Floow’s focus of investigations in this ‘contextual’ area solidify unique knowledge across wide evidential resources to best understand locations. Research in this area includes, but is not limited to, wide data and related risk analysis such as:
The core aims of investigations in this area target improved evidential factors and analysis in mobility risk related to the wider ‘context’ of locations. This target has helped support previous and future scoring development ensuring predictive outcomes. This also helps to provide meaningful global mapping resources which are used in both data processing and end-user feedback. As well as these nearer horizons, work investigates wider aspects and possible futures for road risk and its understanding.
Given the wide potential scope in geographical contextual data, The Floow collaborates alongside global experts to incorporate the best insight into risk. These works have included wide collaborations ranging from bodies such as the European Space Agency to projects spanning Europe investigating traffic behaviours.
The Floow remains highly active in this R&D area helping to not only support our insurance clients but also inform impactful policy in the road safety and insurance areas. This includes key appointments in the UK Parliamentary Advisory Committee for Transport Safety helping to review the international evidence base for motor risk from the road environment, driver behaviour and vehicle designs.
Driven #5 June 2020
This issue of Driven includes: The Future of Risk: Why Developing A Deep Understanding of Driver Behaviour is So Important To Help Eliminate Distraction Driving; WM-Air: Using Driving Data to Improve Pollution Levels in Our Cities; How Our New FloowTag Solution can help Insurers to take advantage of the Recent Changes we’ve seen across mobility and Spotlight On… Our Product Team.
UPLIFT: Ensuring Responsible Innovation in Times of Great Evolution
Over the past 15 months, The Floow has been working on UPLIFT, a 21 month project designed to strengthen the UK’s position in the motor insurance sector.
The Floow Starts Work on a New Project Designed to Provide Detailed Understanding of Road Risk
Last week, the Department for Transport published news of new Innovation Awards including funding for The Floow to work on “Telematics Road Safety – Road Assessment Program” (TRS-RAP) to use new technology and approaches to develop an improved understanding of road risk.