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 […]

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 […]

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 […]

Amodo secures €3 million investment

Zagreb, 11th of May 2020 – Zagreb technology provider Amodo has secured a €3 million investment. The investor in this first leg of the Series A funding round is Lead Ventures, a Hungarian venture capital fund. The funds will be used for further scale-up of Amodo’s activities and markets, as well as further development of […]

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 […]

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 […]