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Nexar employs machine vision and sensor fusion algorithms, leveraging the iPhone’s sensors to analyze and understand the car’s surrounding, and provide unique documentation in case of accidents. The depth of Nexar’s on-device analysis allows it to create an accident report that completely transforms the insurance claims process. Nexar adds a video of the accident to the claim, alongside a detailed reconstruction based on the iPhone’s sensor readings. We are building Nexar as a network connecting cars nearby (v2v). Nexar will initially warn drivers of dangerous intersections and cars in their vicinity based on crowdsourced insights. As Nexar grows into a dense network of connected dashcams, it will warn drivers in real time of dangers on the road beyond their direct line of sight.
The Global (Re)Insurance Industrys central content platform: the latest and best industry news and insights, collated and distributed for you
Freetrade is a UK-based financial technology company which offers a freemium share dealing service.
JTA Consulting is a Bell Gardens, CA-based company in the Software and Internet sector.