This partnership entails the sharing of specific data from all Mercedez-Benz vehicles produced after January 2016 and which are used within the EU.
Potential uses for this data are in insurance and vehicle security as connected cars send information about things such as mileage driven, fuel status, battery status, door lock status, tire pressure, warning lights, diagnostic trouble codes and even installed safety equipment. The availability of certain data depends on each car manufacturer.
Amodo is a smartphone first connected insurance platform which helps insurance companies get closer to the modern customer through behavioral data insights, elaborate customer engagement tactics and just in time offerings of short term and behavior-based products.
The neutral server initiative, created by the European Automobile Manufacturers Association (ACEA), is a joint effort to implement solutions that make automotive data available to interested third-party service providers in a safe and secure manner, without requiring those third parties to each individually sign a contract with a vehicle manufacturer.
About Amodo
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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