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Mobileye Collaborates with Munich Re to Ensure Enhanced Road Safety

Submitted By: 

Neha Rastogi
Mobileye, a leading company in developing advanced driver assistance systems (ADAS) and autonomous driving technologies, has announced an official collaboration with Munich Reinsurance America Inc. The aim of this association is to reduce the commercial fleet collisions and enhance road safety in the United States.
With an immediate effect of the collaboration, Munich Re, US will make available Mobileye’s aftermarket Advanced Collision Avoidance System to its clients, including commercial fleets. This new program will aid Munich Re, US clients to retrofit existing vehicles with Mobileye ADAS technology. 
Mobileye Collaborates with Munich Re to Ensure Enhanced Road Safety
Mobileye Aftermarket Advanced Driver Assistance Systems
(Image Courtesy: Intel)
This technology has been designed to help mitigate the potential for collisions among fleets and improve driver behavior through the use of warning signals. Munich Re will also conduct a loss analysis to help quantify the potential impact of Mobileye’s technology on a client company’s portfolio of commercial fleet business. 
Over the last few years, the increasing number of traffic mishaps has raised a lot of concerns. So, this partnership aims to directly address the challenge of automobile collisions and resulting fatalities. 
“As Americans drive more miles and engage in activities that take their attention off the road, such as texting and talking on cell phones, the number of traffic crashes and fatalities has grown. Adding a crash avoidance system to a company's risk management program for its fleet of vehicles can help mitigate the risk of a crash," said Mike Scrudato, senior vice president and strategic innovation leader, Munich Re, US.
Mobileye’s life-saving ADAS system alerts drivers of impending collisions so that the driver can take a timely action. Apart from the high-resolution vision sensor that analyzes potential hazardous scenarios in real time, the cutting edge technology provides warnings in advance of potential forward collisions and unintentional lane departures. The system is fitted with a windshield mounted vision sensor along with a visual display unit mounted in the cabin. 

About Mobileye

Mobileye, an Intel Company is the global leader in the development of computer vision and machine learning, data analysis, localization and mapping for Advanced Driver Assistance Systems and autonomous driving. Its technology keeps passengers safer on the roads, reduces the risks of traffic accidents, saves lives and has the potential to revolutionize the driving experience by enabling autonomous driving. 
The company’s proprietary software algorithms and EyeQ® chips perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Mobileye's products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items; identify and read traffic signs, directional signs and traffic lights; create a RoadBook™ of localized drivable paths and visual landmarks using REM™; provide mapping for autonomous driving.

About Intel

Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest and highest valued semiconductor chip makers based on revenue and is the inventor of the x86 series of microprocessors: the processors found in most personal computers (PCs). 
Intel supplies processors for computer systems and manufactures motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.