Digital Insurance Agenda

Autoliv: New mobility services saving more lives

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on Dec 28, 2021

Autoliv is a Fortune 500 company and a global market leader in safety systems for the light vehicle. Think seatbelts, airbags, steering wheels and other safety systems for the vehicle. Autoliv’s vision is Saving More Lives. Their metric of success: their products save over 30,000 lives every year. And this number will even grow thanks to their unique connected safety services. Here they address drivers of any culture and region. They create a missing link in the industry: engaging drivers for real, to help them become more safe.

What is unique about Autoliv’s solution?

With 65+ years of leading expertise and safety product development in the traffic safety domain, and in performing over 10 000 sled crash tests per year, Autoliv is focusing on creating uniqueness in a number of ways through their connected safety services. The main missing link when using driving behavior to minimize claims is the engagement you can create with drivers. Through a study in over 7 countries, 95% say that they are safe drivers, but still over 60% of them want to learn how to become an even safer driver. There is a big gap in coaching these drivers to get even safer, and as a result minimizing claims. Being in business with a number of insurance customers, their thinking and solution shows a vision that has been lacking in UBI programs and telematics solutions and it expands beyond the car; it covers all types of transportation where you have a driver. The new way is for each customer to have one source for driving behavior whether it is a car, an e-scooter, a motorcycle etc. Starting with safety insights and coaching for the car, they already today have a 24/7 coaching companion that proactively coaches the driver in their way of driving to reach new levels of safety, and thereby impacting the claims ratio in a positive way for insurance companies.

Why we selected Autoliv for DIA Amsterdam

At the previous DIA Autoliv focused on crash detection in a show and tell session. In Amsterdam tey will present something new:  the modelling, DARCY and the ecosystem. Autoliv’s solution follows the individual and driver in their mobility pattern. DARCY is their 24/7 coaching companion that reaches the individual driver. Their modeling and understanding of collisions and way of modeling and looking at these are very unique compared to anyone else in the market.

About Autoliv

Autoliv is founded in 1953 in Sweden. Today, they have over 65,000 employees, with over 20 test centres across the globe, and over 5,300 colleagues in R,D&E. Autoliv Connected Safety Services is in a market stage where commercial customers already are using the insights provided by Autoliv.

“We make it possible to evaluate and improve drivers’ behavior, including automated coaching to help people become better drivers.”

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