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12/4/09

Helsingin Sanomat - Finland - GPS technology to be used to determine car insurance payments

For the complete report from the Helsingin Sanomat clickon this link

Early next year, 1,000 cars on Finnish roads will have devices which use GPS satellite technolog to record information on the vehicles’ movements. The information could be used to determine insurance premiums and road use fees to be charged the driver. The equipment involved is be installed beneath the car’s dashboard, and the driver would have access to three buttons. Companies involved in the project include Pohjola Insurance, Aplicom, Nokia, Destia, and Astarte. The initial letters of each of the companies give the project its acronym - PANDA.

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