Behavioral data enables you as insurance carriers to place the right products to the right customers at the right time in the right way. The three main steps in that process are: data segmentation, customer communication, and engagement. By following those steps, you’ll be able to create valuable, lasting, and profitable customer relationships. All that […]
Author Archives: Paulina Badrov
Connected car drivers are insurers’ next target audience
Unlock the power of connected car data for creating usage-based insurance products and improving your risk assessment. Telematics technology has made it possible for you, the Insurance Carriers, to create usage-based products for a while now, and connected cars are increasing their role in the future of telematics. Car manufacturers and OEMs broadly equip their […]
Amodo wins best overall accident/claim support award
The Aite Group, aside from consulting and events, produces various reports using qualitative interviews, qualitative and quantitative surveys. This year, Amodo participated in the report on how telematics systems create ways for carriers to control claims exposures and increase engagement. We were delighted to help the research and thankful for the best overall accident/claim support […]
How a niche pay-as-you-drive insurance product becomes mainstream
FOR INSURERS AND CUSTOMERS A number of different market forces shape business opportunities. For the past decade, the technology that enables pay-as-you-drive insurance products improved significantly. Still, the pay-as-you-drive insurance product remained nothing more than a niche market. In 2020 an actual global pandemic and a new lifestyle created a significant shift in consumer preferences […]