A new Japan Nipponkoa Insurance policy that will offer premium discounts for safer driving is to become the latest entrant to Japan 's nascent telematics - led motor insurance sector . The company will issue policyholders with a mobile app called Smiling Road that will monitor how they drive and will receive insurance accordingly , with the best drivers receiving a discount of as much as 20 % when buying a car . The app is aimed mostly at younger drivers who do n't yet own a car . The app already has more than 100,000 users .
A Sompo Japan Nipponkoa Insurance policy that will offer drivers discounts for safer driving is to become the latest entrant to Japan's nascent telematics-led motor insurance sector. The company will issue policyholders with a smartphone app called Smiling Road that can monitor how they drive and will price insurance accordingly, with the best drivers receiving a discount of as much as 20% when buying a car. The product is aimed mostly at younger drivers who don't yet own a car. The app already has more than 100,000 users.