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    Usage-based vehicle insurance—all PAYD up and raring to go!
    Usage-based insurance (UBI), also known as telematics insurance, is a type of automotive insurance that uses real-time information about a driver's actual driving ability and habits to assess actuarial risk. This information is collected via a tracking device, such as a professionally installed black box; an on-board diagnostic (OBD-II) device or dongle; a smartphone; or, increasingly, a car's factory-installed connected platform that connects the car to a local wireless network, enabling data t...
    Automotive Supplier Outlook 2024
    The automotive industry grappled with a range of challenges this year, including ongoing supply chain disruptions, chip shortages, rising energy costs, inflation, recession fears, waning consumer demand, a shift towards software and electronics, labor shortages, strike action, and volatile order forecasts. It also faced several geopolitical concerns and challenges, including the ongoing trade tensions between the US and China, which resulted in tariffs and trade barriers that disrupted global su...
    Executive Interview: Johan Sundstrand, CEO of Phyron, on AI-generated used-car ads
    Our digital world is inundated with human language, and Natural Language Processing (NLP) is the technology that aims to use AI to process and leverage such information automatically. Recently, ChatGPT (Generative Pre-trained Transformer) has caught the world’s attention. Heralded as the next big thing, ChatGPT is a deep learning model that has found multiple use cases in fields ranging from law to publishing. It can generate articles, student dissertations and even transcripts for used car ad...
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