Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


MotorEyes Drive Recorders: The Next Stage of Evolution

MEDIA RELEASE

22 March 2013

MotorEyes Drive Recorders: the Next Stage of Evolution

MotorEyes, a device which films your journey, records your location and speed via GPS, as well as detects impacts on your car using G-sensors is taking the world by storm.

In countries as diverse as Russia, the United Kingdom, the United States, Japan and Australia, drivers are installing MotorEyes type devices and sharing videos of their journey online which include date, time, speed, location, and even a voice recording.

From incredible crashes and beautiful scenery to quick-thinking manoeuvres, these cameras record it all.

Even better, they may help lower your insurance premium.

“In Europe drivers were found to be 10% less likely to have an accident when vehicles were fitted with these devices. If a driver was involved in an accident, the costs of repair were reduced by 25% indicating that with drive recorders fitted the accident was less severe.”

As a result of the evidence, insurance companies in the UK, Australia and the United States are offering lower premiums to those with the cameras installed.

Gareth says that while insurers in New Zealand have yet to offer lower premiums for drivers using the cameras, he believes it is inevitable.

“That would be probably because this technology is so new to New Zealand. With so many insurance companies around the world offering discounted premiums and the number growing, I am sure it won't be long until the likes of our big insurance companies follow suit".

ENDS

Email: info@motoreyes.co.nz

Website: www.motoreyes.co.nz

Facebook: facebook.com/MotorEyesNZ

If you'd like to see some videos already captured on roads in New Zealand, you can watch here: http://www.youtube.com/channel/UC8JrNIz-7wgHAdQfjLyXyFQ

MotorEyes is a New Zealand company trading under Bean Rock NZ.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

ICT Innovation: Six NZ Finalists In World Summit Awards

The awards are a global showcase of 40 projects, across eight categories, with a special emphasis on those which show the benefits of information and communication technology for the development of communities. New Zealand has finalists in six of the eight categories. More>>

ALSO:

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news