Brazil has one of the highest theft rates in the world. Due to the high levels of theft, car insurance that provides theft coverage can be very expensive and is a significant cost of ownership consideration for Brazilians. However, sales of new passenger cars in Brazil show no signs of slowing. New car sales have increased year on year since 2002 and are at almost twice the level they were just five years ago. To understand these contrasting trends it is essential to get an in-depth understanding of the Brazil market.
SBD's report ‘Brazil - Car Theft & Insurance’ gives a comprehensive guide to the market situation in Brazil and summarises the status of vehicle theft in the country. The reasons for theft, methods and theft reduction initiatives are discussed and the main requirements outlined by the CONTRAN Regulation 245 are analysed.
This report also takes a detailed look at how the insurance system works and the different types of insurance policies that are available. The requirements used by the insurance industry to assess damage and repairability and vehicle security are also examined.
Brazil is a fast emerging market in the developing world. As a part of the BRIC group of countries, Brazil's economy has seen sustained growth; overtaking the UK at the end of 2011 to become the 6th largest economy in the world.
Unfortunately, Brazil suffers from a high rate of car theft. Although theft rates suggest that the situation is improving, the truth is that the increased wealth in the country and subsequent increase in car parc has resulted in statistics that do not portray the real situation.
Passenger Car Theft Rate Comparison (2010) - per 10,000 cars
Immobilisers are fitted as standard to the majority of cars and are a very effective form of theft prevention where the thief does not have access to the keys of the vehicle. This has resulted in thieves taking a different approach to obtaining cars; car-jacking.
The government in Brazil has decided that the emphasis needs to be on the detection of stolen vehicles as opposed to trying to prevent theft in the first place. This has resulted in the Contran 245 legislation being introduced. This is the mandatory fitment of tracking devices to all vehicles sold in the country. The devices would be fitted by the vehicle manufacturers either during production or retrofitted once the vehicle is imported into Brazil.
Shawn Genus (Project Manager - Consulting Division).
Shawn has 10 years experience of working with Automotive OEMs and Tier 1 suppliers as a Project Manager specialising in production processes. He spent one year as part of a team establishing a production facility in China to produce automotive cables. He has a degree in Manufacturing Systems Engineering and will be bringing his knowledge of turning designs into products to the Consultancy Division of SBD.
Paul Burnley (Secure Car Expert - Consulting Division).
Paul graduated from the University of Surrey with a Masters degree in Electrical and Electronic Engineering. He has worked with a number of leading suppliers developing cutting-edge automotive electronics. His strong technical background makes him an expert in investigating the operation of in-car electronics. The more in-depth projects Paul has led at SBD include development of proprietary relay attack tools and countermeasure workshops and studying emerging trends in electronic theft and automotive hacking.
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