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

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news