NEWS:

ILC-UK backs use of technology to improve road safety and reduce the cost of motor insurance

Responding to announcements by Tom Tom (1) and the AA (2) about the use of smart technology for the pricing of car insurance, David Sinclair, Assistant Director, Policy and Communications at the International Longevity Centre UK said:

“The greater use of technology could be a helpful way of reducing the cost of motor insurance for younger people. But it could also help drivers of all ages become better drivers.
We need to look at how we can encourage and support people to make decisions which will improve road safety. But there is no evidence that a more draconian licensing regime would improve road safety among older adults.

ILC-UK recently published research which highlighted how we can best ‘nudge’ older drivers to be as safe as possible on the roads. One of our key findings was that insurance companies should offer discounted premiums for older drivers who can demonstrate they effectively self-regulate their driving habits.

The use of new technologies like this could play a major role in making our roads safer for all ages.”

Over the last year ILC-UK has published:

Driving In later life, Options for Reform:http://www.ilcuk.org.uk/index.php/publications/publication_details/driving_in_later_life_options_for_reform
http://www.ilcuk.org.uk/index.php/news/news_posts/press_release_driving_in_later_life_options_for_reform

Successfully giving up driving for older people by Dr Charles Musselwhite of UWE: 
http://www.ilcuk.org.uk/index.php/publications/publication_details/successfully_giving_up_driving_for_older_people

Older drivers and behavioural change http://www.ilcuk.org.uk/index.php/publications/publication_details/older_drivers_and_behavioural_change

Can Older Drivers be Nudged? http://www.ilcuk.org.uk/index.php/publications/publication_details/can_older_drivers_be_nudged

Reference:
1)    http://www.cio.co.uk/news/3336614/tomtom-report-back-insurers-on-driver-behaviour/
2)    http://www.guardian.co.uk/money/2012/feb/10/car-insurance-aa-black-box?newsfeed=true

Contact:
Lyndsey Mitchell at ILC-UK on 020 73400440
David Sinclair: davidsinclair@ilcuk.org.uk

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