AV deployment risk scoring purpose-built for insurance
Unlock insights into Autonomous Vehicle driving risk: evaluate frequency and severity of potential risk events.
Generate hyperlocal KPIs to underwrite AV driving risk
Digital twin and AI-driven analytics platform for Autonomous Vehicle deployment risk assessment.
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01.
Replicate
Local conditions impact risk exposure. We start by building a digital replica of the AV deployment environment based on hyperlocal inputs such as weather patterns, traffic operations and the mix of road users in that particular location.
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02.
Generate
We then synthesise a driving history for the AV deployment via co-simulation and machine learning. We base this on a realistic distribution of scenarios relevant to insurance KPIs.
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03.
Evaluate
Our patented approach identifies and classifies risk events at each time step across all simulated scenarios. With the Simulytic dashboard, underwriters and actuaries can access the AV Deployment Risk Score and a wealth of supporting risk data as they set the policy conditions and premium.
A single risk score for consistent premium pricing
Understand the risk breakdown by insurance layer
We go beyond the risk score to give you deep understanding of the frequency and severity profiles of potential risk events in the synthetic AV driving history.
Generate risk scores without historical loss data
Our platform helps you synthesise historical data to tackle the biggest challenge of pricing AV risk every year, anywhere in the world.
Isolate risk factors for specific scenarios
You get granular scenario scores for every risk relevant to the AV deployment’s specific use case and location.
Account for policy exclusions
Our risk matrix links risk scores for scenarios and their likelihood so you can mitigate or price risk conditions together with your clients.
The only platform at the intersection of insurance and AV deployments
Impartial InsurTech
With our methodology and technology, we focus on benchmarking the inherent AV deployment risk no matter what technology your client is looking to deploy.
Patented Approach
We fuse simulation and machine learning to overcome the biggest challenge in insuring AV deployments – the lack of historical AV driving data.
AV Driving Risk experts
We navigate the high complexity of AV technology so you can focus on your expertise as an insurer.
Partner for your future
We help you adapt to the rapid changes in AV technology now to be ready for when AV deployments scale rapidly in the future.
Case studies
See why innovative insurers around the world trust Simulytic
Autonomous passenger shuttles in Spain
See how MAPFRE evaluated driving risk insights from Simulyitc when underwriting AV passenger shuttles in two Spanish towns.
Middle-mile logistics in the heartland of the US
Find out how a leading US motor insurer used the Simulytic platform to explore a transition into the commercial fleet insurance with a new data-backed AV product.
Last-mile food delivery in Europe
Learn how a leading European insurer used Simulytic risk scores to quantify risk for autonomous food delivery vehicles routing freely through open traffic in a dense urban environment.