Unlocking the value of data

Data is the table stakes for growth and the ability to compete enabling vast commercial success, precision and accuracy of insight in an otherwise imprecise world. It gives the potential to move from commoditized, price-driven players to value creators.  Implementing a telematics strategy is the start of the journey, not the end, as the real […]

Start building customer relationships with usage-based insurance

Customer behavior changed in many different ways in the last 10 years, they have higher expectations of goods and services and are not afraid to show it. When it comes to motor insurance, many consumers are demanding the same personalization, relevance, and fairness that they now take for granted with other products. Also, they are […]

Pay-Per-Mile: Real-Time Policies that Fit

Two main consumer trends are shaking up the insurance industry, namely, the need for transparency and personalization. A most vivid example of the insurance product addressing modern consumer needs is pay-per-mile insurance. The growth of pay-per-mile insurance products is enabled not only by the rapid advancements of telematics technology but also by the motivation of […]

Whitepaper – A Marketing Funnel Perspective on UBI: What Drives Monetization?

Growth and success of smartphone-based Usage-Based Insurance (UBI) propositions are largely dependent on understanding how their marketing funnel works. Typically, one of the main goals is the conversion of users into buying customers. Which brings us to the key questions: What drives conversion? How to guide the app users from download to conversion? Our latest […]

Connected Insurance: better policies with the help of car data

All players on the motor insurance market need to embrace the connected car information and find ways to utilize it to engage users. There are 3 main areas insurers can use car data for and that helps them stay relevant in the customer’s eyes. Let’s start with the most important person in any vehicle for […]

Why is connected car data relevant for insurance companies?

We will go into detail about how and why insurance companies can benefit from utilizing connected car information. Vehicles that were produced after January 2016 have the option to send valuable information for insurers directly from the car. The types of information connected cars are creating are: fuel status, driven distance, electric vehicle battery status, […]

Safe miles, save lives: powered by Maritime Financial Group

The Maritime Financial Group strongly nurtures corporate social responsibility by encouraging private initiatives for the public good, focusing on the quality of life.  The Group has shown great compassion and social responsibility as the initiator of numerous actions and initiatives that save lives in the Caribbean region. Their latest initiative “Safe miles, save lives” invites […]

Amodo partners with Daimler AG on the neutral server initiative

This partnership entails the sharing of specific data from all Mercedez-Benz vehicles produced after January 2016 and which are used within the EU. Potential uses for this data are in insurance and vehicle security as connected cars send information about things such as mileage driven, fuel status, battery status, door lock status, tire pressure, warning […]

November was filled with exciting InsureTech conferences

AMODO COMPANY NEWS This November was filled with awesome InsureTech events: conferences, summits, forums, you name it. We attended – all! It was a great opportunity to meet with industry leaders from all over the world, to share insights and exchange visions. The insurance industry understands the importance of embracing digitalization as its business model […]

The Financial Times short-listed Amodo among top 5 worldwide InsurTech Companies

AMODO COMPANY NEWS The insurance sector prepares for disruption According to Deloitte, around $2.6bn was invested in “insurtechs” in 2018, and $2.2bn in the first half of 2019, and deal sizes have been growing. Insurers are also responding to changing demands from clients that face new risks and want to know how the insurance industry […]