Artificial Intelligence in Vehicles and Risk Management in the Automotive Industry

In recent years, the interest in Artificial Intelligence in vehicles has seen a significant boom, in view of the significant improvements it has brought to safety issues.

From the perspective of insurance companies, Artificial Intelligence in vehicles can have a profound impact in reducing truck and bus accidents , and will undoubtedly have repercussions in the vehicle and fleet insurance market.

Many insurance companies are aware that the use of smart technology is not only of great help when it comes to preventing accidents. These types of solutions will also begin to be mandatory for compliance with regulations such as European Regulation 2019/2144 , which seek to reduce the number of accidents on roads and public spaces.


What solutions include Artificial Intelligence in Vehicles?

Artificial Intelligence in vehicles is frequently found in Advanced Driving Assistance Systems (ADAS) . Through sensors and cameras installed in the vehicle, this technology allows the driver to detect and recognize the position of moving objects around him (such as pedestrians, vehicles, scooters and cyclists), calculate driving risk predictions, and issue warnings of proximity or imminent danger, providing greater control of the vehicle, and improving driving safety and comfort.

Other Artificial Intelligence systems for vehicles are the BSD Blind Spot Detection System , or DSM Driver Monitoring Systems , which allow objects to be detected in the vehicle's blind spots, and warn about distractions or driver fatigue, respectively.

Every time an incident occurs, such as an involuntary lane change, a driver's distraction, or an object is detected in the vehicle's blind spot, the event is recorded within a Security Systems Manager , which captures and stores the images for later evaluation. For insurance companies, this solution is of great interest, since it allows access to evidence that can be key at the time of an accident . In the event of an incident, this type of platform offers us the possibility of reviewing the recording and the conditions in which it occurred, for example, seeing the speed at which the vehicle was traveling at that moment.

Currently, on-board video recording devices allow us to know very precisely the status (including different parameters such as speed, ignition, alarms,...) and the current position of a vehicle in real time . Obviously, if you have a large fleet, all this data multiplies exponentially, making it mandatory to use intuitive tools that facilitate the process of managing all this information.


How does the use of Artificial Intelligence in vehicles influence the insurance premium?

Artificial Intelligence safety systems in vehicles reduce the risk of accidents, helping drivers to reduce the accident rate, a factor that insurance companies take into account when granting bonuses that can lower the price of the premium .

Many fleet insurance companies place special importance on vehicle and fleet safety oversight, increasingly encouraging the implementation of video surveillance, warning systems, and collision avoidance equipment.

Security system managers allow statistics to be obtained on the use of vehicles and help to optimize their use . As we know, a key element that insurers take into account when budgeting for insurance is the use that is going to be given to the vehicle. If we carry out an intelligent and balanced management of our fleet, this will play in our favor.



For insurance companies, the combination of different Artificial Intelligence solutions in vehicles is of vital importance to reduce the risk of accidents, a factor that influences the cost of the policy. Likewise, drivers with fewer accidents can enjoy bonuses that lower the price of the premium.

The implementation of security systems based on Artificial Intelligence in vehicles will bring important changes to the market for fleet insurance companies . Its monitoring through security system managers will not only help us to comply with regulations, but also to optimize our fleet and help reduce costs related to insurance.