Insurance Statistical Analytics (INSA) is a subsidiary of Image Automation Ltd founded in 1996. INSA’s main focus is Autonomous Vehicle Risk Management.
Autonomous driving accident liability is a new entry point into the analytics of liability risk management. Currently a vehicle under autonomous navigation control (SAE Levels 1-5) is in an amorphous, ill defined liability state of “product liability” and “vehicle operator liability” .
INSA provides the tools for both product-liability and “operator-liability” optimization of premium structure and attribution of accident liability between these two disparate insurance domains.
INSA analytics are supported by key proprietary IP. This portfolio includes both software and hardware innovations with issued and pending autonomous vehicle landmark patents covering the new risk management domains of:
- Usage Based Product Liability
- Assisted Autonomous Driving Usage Based Insurance