Israeli startup Ride Vision to partner with Sara Assicurazioni to reduce motorbike accidents in Italy
Sara Assicurazioni and Ride Vision are partnering to reduce motorcycle accidents in Italy and to improve Italy’s overall road safety. Motorcyclists insured by Sara Assicurazioni could be eligible for significant discount on their yearly premium when they retrofit their vehicles with Ride Vision’s system. This offer will take effect next year when Ride Vision’s system officially hits the Italian market.
While insurer incentives do already exist in the automotive market, they have mostly focused on providing solutions for cars. The high occurrence of motorbikes accidents has left this segment of the vehicular insurance industry markedly ripe for similar collaboration, the partners said.
A survey by ACI-Istat revealed that 41,414 motorcycle accidents in Italy resulted in 755 fatalities and 49,447 injuries in 2018 alone.
The Ride Vision-Sara collaboration is the first of its kind to target this critical segment exclusively. Ride Vision is also the first vehicular predictive system singularly tailored to motorcycles to enter the market.
Ride Vision developed an Advanced Rider Assistance System with Collision Aversion Technology (CAT). CAT is a fusion of Artificial Intelligence (neural networks) and computer vision designed to integrate with the motorbikes, utilizing standard cameras as visual sensors.
CAT recognizes and analyzes relevant threats without disturbing the rider’s critical focus. Ride Vision’s Advanced Rider Assistance System also operates as a dashcam, allowing bikers and 2-wheeler fleet operators to maintain evidence recording in case of an accident. Ride Vision’s CAT will be available in Italy from the beginning of next year by Ride Vision’s official distributor Autobynet SpA.