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Risk news

Thatcham highlights importance of emergency braking systems

Leaders at motor insurance research centre Thatcham have reiterated just how important autonomous emergency braking (AEB) systems can be.

The company is set to demonstrate how effective this technology is at reducing accident rates and helping companies save money during the highly anticipated FleetWorld Fleet Show this week (April 24th).

In fact, the organisation stated that AEB has the potential to be as crucial an invention as the seat belt and statistics certainly seem to back these claims.

Around 75 per cent of all road crashes in the UK happen at 20 mph or less and emergency braking systems can help to eradicate such incidents.

Many vehicle manufacturers are now installing AEB as standard in new cars and this has not gone unnoticed by insurance companies.

According to Thatcham, many insurers are offering discounts to people who have AEB technology, as they are deemed to be less likely to be involved in a crash.

With this in mind, fleet managers should definitely consider installing the sophisticated braking solutions on their vehicles, as this will give them peace of mind that their employees are as safe as possible when out on the road.

"While individual insurers will naturally make their own premium calculations, the majority of owners of qualifying vehicles are likely to see discounts in the range of ten per cent, which represents a very substantial saving for large fleet managers," a Thatcham spokesperson stated.

The company also scrutinised data from around the world, including a study conducted by the Insurance Institute for Highway Safety in the US, which focused on the Volvo XC60 - the first car to be fitted with AEB as standard.

Figures showed that 25 per cent fewer claims were made by XC60 owners when compared with other similar 4x4s and the cost of collisions was also significantly reduced.

Road safety has improved in the UK over the years, but the government is still keen to see the accident rate fall and developments like AEB could make all the difference.ADNFCR-3406-ID-801574697-ADNFCR

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