P&V UBI Insurance Launch, in a Partnership With D´Ieteren and Amodo
P&V Group/D´Ieteren/Amodo launched a Connected Mobility platform targeting VW Group car owners. The program runs under weCover brand and offers Usage Based Insurance based on driving behavior, as well as additional benefits to safe drivers. Mobility platform is built on On-board diagnostic technology and uses advanced array of sensors to determine driving behavior. Based on driving behavior, PHYD Insurance policies are built and distributed to the end customers.
“The way insurance companies connect with their customers’ needs to change drastically in order to improve customer loyalty and prevent churn. Among different go to market models that Amodo’s platform supports, this is the second one where a car distributor takes the lead, and the Insurance company follows with the technology’s capability to provide usage-based insurance products”, says CEO of Amodo – Marijan Mumdziev.
P&V Assurances provides a range of insurance solutions to individuals, self-employed persons, companies, and institutions. The company offers various insurance products, including car, fire, family, assistance, death, guaranteed income, liability, group, and occupational accident insurance. The company was founded in 1907and is based in Brussels, Belgium.
Boasting an almost 70-year relationship with the Volkswagen group, D’Ieteren Auto imports and distributes the vehicles of Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti and Porsche across Belgium, along with spare parts and accessories. It is the country’s number one car distributor, with a market share of around 22% and 1.2 million vehicles on the road.
Provider of a Mobility Platform, serving number of different clients in the Automotive and Insurance industry such as AIG, BNP Paribas, Generali, Porsche Holding, Youse and others. Amodo Mobility Platform enables companies to build an engaging mobile channel with users and monetize on their access to Big Data.
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