Possibilities of using satellite navigation systems in the insurance industry

This thesis deals with the possibilities of using satellite navigation systems in the insurance industry. In particular, the thesis focuses on the Czech Republic. The aim of this thesis is to analyze and evaluate the possibilities of using satellite systems, especially satellite navigation systems in the insurance industry. At first the thesis describes satellite navigation systems in general. Then it expresses using of the satellite navigation systems to manage costs of the insurance companies. In the last part it maps usage of satellite navigation systems in connection with insurance products, specifically: maps used by insurance companies, system of insurance Pay As You Drive (PAYD) and mobile applications