Bosch and Amodo cooperate to develop new services and provide even more value to the clients of both companies.
Amodo is one of the most successful InsurTech companies and has built a state-of-the-art telematics platform used to connect with new customers and offer personalized insurance products, in a simple and convenient way. The Amodo platform supports a telematics program based on telematics devices such as OBD, smartphones, and as of recently based on the Bosch Bluetooth device.
Bosch Connected Devices and Solutions Gmbh TEP Bluetooth devices have integrated algorithms for a reliable determination of the crash severity, built on the vast experience in building and testing airbags. Based on its measurements and the predefined thresholds, the device can trigger an emergency call (E-Call). This service is standard in Germany, and e-call is already part of the security standard in the European Union.
The device will also serve as a “tag”, connecting an insured car with the person, as well as help to build more comprehensive insight into the crash reconstruction for the benefit of Insurance companies.
About Bosch Connected Devices and Solutions Gmbh
Bosch Connected Devices and Solutions Gmbh are developing and providing to market innovative connected devices. Their competencies in electronics, sensor technology and software enable new business models for global markets. Bosch, as a worldwide leader for MEMS sensors, produces more than one billion of these components per year.
Amodo is an award-winning insurtech company. Amodo Connected Insurance Platform enables insurance companies to create and brokers to place hyper-personalized usage-based insurance (UBI) products on the market. Amodo clients use its platform to gain strategic insights into customers' profiles, segment them into relevant groups and acquire profitable ones. Over the past nine years, this European insurtech launched close to 50 Connected Insurance projects worldwide with some of the leading companies such as AIG, Porsche Insurance, UNIQA, and many others. Amodo was named by Financial Times as one of the top 5 Insurtech companies globally, is a winner of a prestigious Digital Insurance Agenda Diamond Award in 2020, and has been named by Frost and Sullivan as the Best Practice Leader in the Usage-Based Insurance market in 2021.
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