Belgian Insurer P&V Launches UBI weCover

Brussel-based insurance company P&V has introduced a new car insurance brand called weCover, offered via its direct arm Actel: 

The UBI scheme is part hardware, part software (mobile app) designed to allow good drivers to pay as low as 40% off the liability portion of their car insurance premium. Here’s how it works: drivers install a box, download an app and drive. Later, they are ranked based on their driving habits. Also, good drivers are offered “a wide range of gifts.”

Wait, there’s more. Starting January 12 – March 02, 2018, the insurer will be running a contest to uncover the top twenty good drivers based on their driving style score. The prize – an iPhone X.

Play. (1:29 into the video = English).

PS. Not to be confused with French startup Wecover.