Cosmos-TaxiU operates in-vehicle telematics (“blackbox”) devices in South African minibus taxis and turns their driving behaviour into a structured, underwriting-ready risk dataset. This document sets out (A) exactly what data we can provide for risk-based pricing, and (B) a proposed, non-binding pilot to validate it on a defined fleet.
Each device captures raw signals and computes a per-vehicle/per-driver risk profile. The following fields are delivered to the insurer (live API and scheduled CSV export):
| Field | Description | Example |
|---|---|---|
| device_id / plate | Tamper-evident device identity + vehicle registration | tx-9f… / CA 481 TXU |
| driver_ref | Pseudonymous driver reference (POPIA-safe) | drv-2f4a |
| exposure_km | Distance driven in the period (risk exposure) | 1,842 |
| safety_score | Rolling behavioural score, 0–100 (higher = safer) | 84 |
| risk_band | Derived band for pricing | Preferred Standard High |
| harsh_per_100km | Harsh-event rate (braking + acceleration + impact) per 100 km — the core frequency signal | 3.1 |
| event_counts | Overspeed, speeding, harsh-brake, harsh-accel, accident/impact, plus rider-reported safety flags | {harsh_brake:12, overspeed:4 …} |
| crash / impact | IMU signature for crash-reconstruction (claims validation, fraud reduction) | peak 6.4 g @ ts |
| device_health | Fault / tamper / service-required status (data-integrity assurance) | ok · tamper:false |
This letter expresses the mutual intent of [Insurer / UMA name] (“the Insurer”), Cosmos-TaxiU / AIOS (“the Provider”) and [Taxi Association] to run a time-limited pilot to evaluate behaviour-based pricing for minibus taxis. It is a statement of intent only and creates no binding obligation.
| Purpose | Validate that Cosmos-TaxiU behavioural data predicts loss experience and supports risk-based premiums / a group scheme. |
| Pilot fleet | [100–200] vehicles on [route / association], with blackboxes installed and reporting. |
| Term | [90] days from installation of the pilot fleet. |
| Provider provides | Installed/enabled devices, the data specification above, live dashboards, and shared loss-ratio / behaviour reporting. |
| Insurer provides | Cohort claims data for the pilot fleet, pricing evaluation, and a nominated actuarial contact. |
| Commercials (indicative) | Per-vehicle data fee of [R150–R250] / vehicle / month or a share of realised premium savings; device funding [insurer-funded / TBD]. Final terms in a definitive agreement. |
| Success metrics | Loss-ratio delta vs. control, harsh-event reduction over the term, and claims/fraud reduction via crash-reconstruction. |
| Confidentiality | Each party keeps the other’s information confidential; data handled per POPIA. |