"Amodo team has been working crazy hard for the past 30 months, to make it possible, but today - One Product is Live! One Product is the most advanced and comprehensive Insurance Telematics platform on the market today, with CO2 emission calculation, Driver vs Passenger, Fuel Consumption and many other algorithms enabling numerous services and business models for the Insurance companies," Marijan MUMDZIEV, Chairman and CEO of the company stated in a post on LinkedIn.
While designing One Product, Amodo has been focused on meeting the needs and wishes of clients. Inputs from the market, combined with ten years of best practices from 50 projects delivered on six continents, resulted in a product that enables fast and simple implementation of a solution for all insurance telematics programs, with optimized data and battery usage.
One Product, a revolutionary telematics platform, is noteworthy for its modular design, allowing clients to select and utilize only the features and capabilities that align with their business needs. Once the business needs expand, Amodo's clients rely on One Product's additional relevant modules, significantly shortening new solution deployment with no loss of valuable data.
The platform is designed to offer a truly personalized and efficient user experience while ensuring maximum integrity and quality of the collected data for the client. One Product is typically used for three use cases: Cover, Prevent, and Boost. Cover serves as a powerful tool for insurance carriers to sell insurance policies, as well as efficiently manage accidents. The goal of the Prevent program is to reduce the risk of accidents and consequently reduce the number of total claims by changing users' behavior. The third one, Boost, empowers insurers to open new revenue streams by identifying individuals' propensity to buy insurance products with related risk exposure.
For those interested to test One Product, the Amodo Demo application available on the App Store and Google Play.
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