Toyota, TRI-AD, and Tokio Marine & Nichido Fire Insurance to develop advanced automated driving technology
Toyota Motor Corporation, Toyota Research Institute-Advanced Development, Inc. (TRI-AD), and Tokio Marine & Nichido Fire Insurance Co., Ltd. announced an agreement to establish a business alliance to develop advanced automated driving technology. Through this alliance, the three companies say they will strive toward achieving "freedom of movement for all" and a "society with zero casualties from traffic accidents."
The plan is for Toyota and TRI-AD to recreate actual traffic accident conditions or dangerous conditions that contribute to accidents in their automated driving simulation environment based on data provided by Tokio Marine & Nichido. This will enable Toyota and TRI-AD to conduct simulations and assessments in conditions that are closer to those of the real world, helping to enhance the safety of automated driving systems. Tokio Marine & Nichido will seek to develop an advance claims system to enhance swift claims payment in the future, using data provided by automated driving vehicles.
Additionally, ALBERT, a data science company that offers optimized solutions in the field of big data analytics, will provide technical support for data analysis and other related activities.
To develop advanced automated driving and safety technology, Toyota and TRI-AD use both artificial intelligence technology and real-world data to achieve accurate simulations.
Through this alliance, the three companies say they will work together to enhance efforts to improve safety and reliability for automated driving technology, using knowledge and data obtained by Tokio Marine & Nichido from its claims and other services. The companies say that because cross-sectoral partnerships are important for enhancing the development of automated driving technology, they will remain open to opportunities for further alliances.