AV Monitoring Product Unveiled
/Feb. 20, 2019—Dan Peate created Avinew, which is an insurance product that will monitor a driver's use of autonomous vehicle features on cars made by Nissan, Ford, Tesla and Cadillac and determine discounts based on how the feature is used, reported Insurance Journal.
Peate created the product with $5 million in seed funding led by Los Angeles' Crosscut Ventures.
Avinew has agreements with most manufacturers, and is working to tie up the rest, Peate said, allowing it to access driving data once a customer gives it permission.
With more than 90 percent of accidents caused by human error, taking the driver out of the equation is going to mean big changes for insurers, according to the report.
BPSA Charges Ahead with New E-Bike Training
/Boulder, CO: Following the successful launch of the Charged Upvideo staff training program in March 2017, the Bicycle Product Suppliers Association (BPSA) today released the second series on the Myagi training site. Here’s the link: https://myagi.com/s/chargedup2
Charged Up 2 presents five more training videos to shop staff and also includes a consumer-facing segment to be offered to retailers for their own sites through SmartEtailing, the NBDA, and several brands (Shimano, Giant, Raleigh Electric and CSG). See the first training video and the consumer video.
NFL OTs, Sharks vs. Capitals Thriller Results Lead First-Ever Thuuz Sports Monthly Most Exciting Rankings
/New Monthly Leaderboard Will Quantify The Most Exciting Games Across Sports As Measured By Thuuz Propriety Excitement Measurement System
Feb. 5, 2019 / PRZen / PALO ALTO, Calif. -- Thuuz Sports, the most powerful automated video highlights production platform for worldwide sports, today announced a new monthly feature measuring the most exciting games across all broadcast sports events. Using their custom designed algorithms to measure real-time event excitement, Thuuz provides a unique look into what games have gotten fans the most excited and engaged as 2019 rolls along. In January, two NFL League Championship overtime thrillers led the top ten, followed by the NHL matchup between the San Jose Sharks and Washington Capitals. The NBA's Oklahoma City Thunder and Houston Rockets were the only two teams to make it on to the list twice for the month, and two men's NCAA games also cracked the list.
Insurtech Geared to Autonomous Vehicle Coverage Grabs $5 Million in Funding
/A startup focused on rewarding drivers and fleet owners that use autonomous vehicles and semi-autonomous car safety features has raised $5 million in seed funding.
California-based Avinew’s technology uses artificial intelligence and telematics to gather driving data that can tell when a vehicle is in autopilot mode or is using advanced safety features. That data can then be used by insurers to offer coverage that rewards drivers and fleets using these vehicles and features.
Avinew is a technology company that is now working with insurers but someday hopes to be an insurer itself, a spokesperson said.
To date, Tesla, Mercedes, Ford, GM, Nissan, Audi and Volvo vehicles will be eligible, the California startup said.
Crosscut led the financing round. American Family’s venture arm, American Family Ventures, also participated, along with Draper Frontier and RPM Ventures.