Porsche Holding, the largest automotive distributor in Europe, and Amodo, an award-winning insurtech company, entered a strategic partnership to deliver the "Smart Driver" application. This telematics solution was presented at the Vienna Autoshow and is available to all drivers in Austria via the App Store and Google Play.
With the help of Amodo's technology, Porsche Holding, in association with its partners, will launch a 3-month competition beginning February 1 to discover and reward the safest drivers in Austria. Amodo Connected Insurance Platform will provide a unique communication channel in the after-market segment. Top monthly drivers will receive €500 worth of free fuel and the overall winner, a €1000 fuel prize. The competition also includes mini-challenges, where drivers can receive prizes such as coffee and hotel vouchers.
This innovative application will enable drivers to evaluate their driving behavior using real-time data, where factors such as acceleration, braking, cornering, weather conditions, time of day, and road type will all be scored and considered. After every journey users will be given a detailed evaluation of their driving behavior, making it possible for each individual to improve road safety.
Using the plethora of customer engagement mechanics and by rewarding safe driving, Amodo offers a fresh approach to the Austrian market.
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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