FinTech Magazine - July 2022 | Page 32

CESVIMAP

CESVIMAP , the R & D Center for Road Safety of MAPFRE , is the engineering center and Mobility Lab within MAPFRE Open Innovation ( MOI ), its ecosystem for collaborative innovation .

It is a technological center with a sound international reputation for its studies on the redesign , insurance , use , maintenance , repair and recycling of vehicles and other transport solutions using all types of vehicles from Personal Mobility Devices to trucks or autonomous vehicles .
With a team of over 120 engineers and technicians , it helps the rest of MOI ’ s stakeholders build business cases where innovative solutions can be tested and later introduced into the market under new policies and added-value services for customers .
This involves testing IT technology to be applied to Usage Based Insurance ( UBI ), and AI applied to image evaluation and end-toend automatic processes , transforming the influence of Advanced Driver Assistance Systems ’ performance and calibration on loss-ratio , into insurance ratings that impact policy pricing , studying auto cyber risks as a new and emerging threat and guiding MAPFRE in the evolution from car insurance to user-centric multimodal mobility insurance .
Transforming batteries from wrecked electric vehicles into second-life Energy

José María Cancer , General Manager at CESVIMAP , explains their Value Proposition

32 July 2022