Amodo is the technology partner of ambitious cooperation between the leading national car distributor and the insurance group in Belgium. This ecosystem developed in the mobility sector is one of the ways to monetize different value propositions for the benefit of end-users. After the cooperation with Porsche Salzburg, this is the second cooperation program between an insurer and a car distributor based on the Amodo Connected Mobility platform.
The program that runs under weCover brand offers car insurance based on driving behavior from P&V Group, and additional gifts by improving your driving style for VW Group car owners through a collaborative model with D’Ieteren Group. Mobile app for drivers has multiple faces as a reflection of the chosen car brand, and also segments users based on that choice and other datasets, and engage them to ensure their attention for other propositions.
Using OBD devices and smartphone sensors, the app enables PHYD policy management and distribution from the recorded speed, braking, acceleration, time of day and road type.
“The Amodo team is excited about our new partnership with P&V Group,” said Marijan Mumdziev, CEO of Amodo. “This partnership will enable P&V to deliver new features that will help their customers become more engaged and realize the full spectrum of opportunities that our platform has to offer, but it will also enable Amodo to develop its mobility platform tailored for the insurance industry.”
About P&V group
P&V stands for Prevention & Precaution. The basic idea for the establishment of P&V in 1907 was solidarity with the insured and society. That motivation is still the same today. Offer fair protection to as many people as possible, and on the best terms.
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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