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Safety matters
BackgroundStandard insurance programs are based ongeneral data.Insurance companies are looking for more waysto collect rel...
Common insurance programs• car price• car modelstats• age• marriagestatus• even
Existing solutionsThere are hardware basedsolutions on the market:• Caesar Satelite• TomTom• others200$ hardware for eachc...
We afford"""""Our"solu9on"gives"possibility"to"monitor"driving"quality"with"the"usage"of"the"smartphone"and"almost"illumin...
GoodDrive isEconomyNo extra equipment costsSimple scalingHandySocialSimple distributionSmartMore infoSimple communication
TechnologiesGPSUser positioning on the mapLocating potholes on the mapAccelerometerDefining potholes and defects on the ro...
Marketing ResearchEurope1 200 000 PAYD customers80 000 000 in 2020 (forecast)Market volume from 24M$ to 1.6B$ in 2020USA2 ...
Business modelThe insurance company distribute the app.The clients use the app and get discounts.The insurance company get...
Business modelThe insurance company distribute the app.The clients use the app and get discounts.The insurance company get...
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GoodDrive

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PeacockTeam new technology fo insurance companies.

Published in: Economy & Finance, Business
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GoodDrive

  1. 1. Safety matters
  2. 2. BackgroundStandard insurance programs are based ongeneral data.Insurance companies are looking for more waysto collect relevant driving data for policy riskpricing optimization and new programsdeveloping.Their goals are decreasing risks and attractingnew clients.
  3. 3. Common insurance programs• car price• car modelstats• age• marriagestatus• even
  4. 4. Existing solutionsThere are hardware basedsolutions on the market:• Caesar Satelite• TomTom• others200$ hardware for eachclient
  5. 5. We afford"""""Our"solu9on"gives"possibility"to"monitor"driving"quality"with"the"usage"of"the"smartphone"and"almost"illuminate"investments"in"the"realiza9on"of"this"type"of"insurance"programs"6"Using smartphones instead separatehardware components
  6. 6. GoodDrive isEconomyNo extra equipment costsSimple scalingHandySocialSimple distributionSmartMore infoSimple communication
  7. 7. TechnologiesGPSUser positioning on the mapLocating potholes on the mapAccelerometerDefining potholes and defects on the roadMaps (Google, Yandex, Open Street Maps)Visualization of user positionVisualization of road surface conditionWeb interfaceRoad condition review through the webDatabaseStoring road surface condition dataStoring user profile dataDataminingData analysis
  8. 8. Marketing ResearchEurope1 200 000 PAYD customers80 000 000 in 2020 (forecast)Market volume from 24M$ to 1.6B$ in 2020USA2 000 000 PAYD customers160 000 000 in 2020 (forecast)Market volume from 60M$ to 4.8B$ in 2020RussiaAlmost none PAYD customers600 000 in 2015 (forecast)Market volume 11M$ in 2015
  9. 9. Business modelThe insurance company distribute the app.The clients use the app and get discounts.The insurance company gets reports andcalculates the fees based on collected data,therefore it minimizes the risks and makesthe services cheaper for careful drivers.GoodDrive gets the money from insurancecompany.
  10. 10. Business modelThe insurance company distribute the app.The clients use the app and get discounts.The insurance company gets reports andcalculates the fees based on collected data,therefore it minimizes the risks and makesthe services cheaper for careful drivers.GoodDrive gets the money from insurancecompany.

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