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European Reliance - Launch of the new accident prevention technology Mobileye onto the Greek Insurance Market

Staying true to its endeavor to continually improve the services provided to its clients, European Reliance announces the launch of the new driver assistance technology Mobileye onto the Greek Insurance Market.
Staying true to its endeavor to continually improve the services provided to its clients, European Reliance announces the launch of the new driver assistance technology Mobileye onto the Greek Insurance Market.
Mobileye is the world leader in collision avoidance technology, artificial vision technology and data analysis for Advanced Driver Assistance Systems (ADAS) and autonomous driving.
 
Through the collaboration with Euromat, the official Mobileye technology distributor, European Reliance aims to create safer driving conditions for all its Automobile Sector clients by reducing the likelihood of accidents, and to establish new premium pricing methods on the basis of rewarding safe driving.
 
To this objective, and always aiming to assist drivers through immediate warning in case of a potential impact, European Reliance provides a significant car premium discount for every Mobileye installation and for as long as the driver remains insured at European Reliance, or in case the car is already fitted with a similar driver assistance system (ADAS). 
 
Mobileye is comprised of an electronic unit that constantly monitors the road, providing the following features:
  • Warning for the driver when the distance to the vehicle in front is dangerously reduced; 
  • Warning in case of lane departure;
  • Detection of vehicles and pedestrians;
  • Recognition of speed limit signs and warning for the driver in case of over-speeding.
  • It enables fuel savings and reduction in vehicle wear.
Data analysis is carried out in real time. The data is only used for the driver΄s safety, and will not be shared with European Reliance or Euromat.
 
The BoD Vice-Chairman & Chief Portfolio Officer Mr. N. Chalkiopoulous stated:
“At European Reliance, our clients΄ safety is one of the most important issues we deal with both on a short-term and on a long-term basis, by constantly adopting new solutions that meet our clients΄ needs.
Our collaboration with Euromat and the launch of Mobileye onto the Greek Insurance Market are strategic corporate decisions since the investment in and the adoption of road safety solutions are of utmost importance for European Reliance. 
We are certain that the Mobileye technology will provide European Reliance the competitive edge we are hoping for.”
 
The Chief Executive Officer of Euromat Mr. Barak Baum, stated:
“Our experience and our knowledge of fleet management, combined with our deep understanding of the Greek market needs, compose the main reasons that we decided to launch the advanced driving assistance system Mobileye.
Our collaboration with European Reliance is one step closer to driving safety and it will be a unique tool in the insurance market. 
We are very pleased to start our collaboration with European Reliance and to introduce Mobileye΄s innovative technology in the Greek market.
We believe that the internationally recognized Mobileye system, through our strategic partnership, will contribute to make the roads safer for everyone.” 
 
European Reliance gives its clients the opportunity to get to know Mobileye through a test drive they can take upon by making an appointment with Euromat.
Furthermore, recognizing the necessity of vehicle insurance, European Reliance gives the possibility to acquire Mobileye at a special price with an extra 10% discount through the “Insurance Parent” program.
 
Information on the Mobileye mode of operation can be obtained by calling +30 210 8119690 for information; by addressing one of the 5,000 European Reliance collaborators across Greece; or by calling +30 210 9573900 for a test drive appointment.
 
 
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