MI 2020 Solutions FINAL

SECTION 04
SECTION TRANSPORTATION
01 | ENERGY
04
ENERFY – THE FUTURE
OF AUTO INSURANCE
NORWAY
© eSmart Systems
ChargeFlex, an R&D project from
eSmart Systems, developed
software to better exploit the
grid and increase the charging
capacity for electric vehicles
(EVs). It provides analysis and
enables the control of energy
resources with the help of
predictive algorithm to increase
capacity by 40%.
03
CHARGEFLEX
This means that the end-users
can charge their EVs at home
knowing that the electricity bill
will not be higher than necessary.
The car charges when the price
is at its lowest.
The software has now been
commercialised under the brand
Connected Prosumer.
Enerfy is an auto insurance
data platform that saves
customers lives, produces fuel
savings and reduces claims costs
by 40% and CO2 emissions by
17% through changed behaviours.
By generating real-time
risk reports on safety and
environmental performance
for auto insurers, it provides a
financial incentive for drivers
to be environmentally friendly.
The company is seeking $15
million to globally scale up sales
and marketing to meet the goal
of 40 million drivers insured
within five years.
The World Wildlife Fund and
Swedish Energy Agency has
estimated that the Enerfy
technology can contribute to a
global reduction of CO2 emissions
of over 100 million tons per year.
SWEDEN
By expanding the charging
capacity without investing in the
current infrastructure, electricity
providers can put up more
charging points and offer better
charging opportunities.
66
67