{"id":10273,"date":"2020-12-17T06:00:00","date_gmt":"2020-12-17T06:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2020\/12\/17\/amodo-and-galileo-platforms-form-strategic-partnership-to-offer-new-telematics-blockchain-insurtech-solutions\/"},"modified":"2020-12-17T06:00:00","modified_gmt":"2020-12-17T06:00:00","slug":"amodo-and-galileo-platforms-form-strategic-partnership-to-offer-new-telematics-blockchain-insurtech-solutions","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2020\/12\/17\/amodo-and-galileo-platforms-form-strategic-partnership-to-offer-new-telematics-blockchain-insurtech-solutions\/","title":{"rendered":"Amodo and Galileo Platforms form Strategic Partnership to Offer New Telematics, Blockchain Insurtech Solutions"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<ul>\n<li><i>Allows insurers to create<br \/>\nnew solutions based on behavioural data on blockchain infrastructure<\/i><\/li>\n<li><i>Cost-saving, secure,<br \/>\nhigh-efficiency blockchain technology provides a single source of truth<\/i><\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p>HONG KONG \/ ZAGREB\u00a0&#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media<br \/>\nOutReach<\/a>\u00a0&#8211;\u00a017 December\u00a02020 &#8211; Amodo and<br \/>\n<a href=\"http:\/\/www.galileoplatforms.com\/\">Galileo Platforms<\/a>, two of the world&#8217;s leading business-to-business (B2B)<br \/>\ninsurtech companies, today announced a new strategic partnership that will<br \/>\nutilize innovative telematics and blockchain technologies to enable insurance<br \/>\ncompanies to both transform their customer experience and offer new insurance<br \/>\nsolutions. <\/p>\n<p>The partnership between Galileo Platforms, a specialist blockchain<br \/>\ntechnology platform for the insurance industry, and Amodo, a provider of<br \/>\ninsurance telematics technology and advisory services, including behavior data<br \/>\nanalysis, will enable clients to benefit from their years of experience and<br \/>\nexpertise in their respective areas of the insurance industry. The<br \/>\npartnership&#8217;s new customer-focussed insurance offerings will be available<br \/>\nglobally with the initial roll-out in Asia.<\/p>\n<p>At the heart of the partnership&#8217;s service are the tools that will<br \/>\nenable insurance companies to create new insurance solutions, such as<br \/>\npay-as-you-drive pay-how-you-drive insurance covers, swipe-on-swipe-off travel<br \/>\nor accident cover, or other tailor-made personalized insurance. These are<br \/>\nsolutions based on behavioral data, held securely and efficiently on the<br \/>\nworld&#8217;s first blockchain-based core policy administration system.<\/p>\n<p>The patented blockchain offers a shared source of truth to better<br \/>\nserve the customers while eliminating both duplication of data and cost in<br \/>\nback-office systems.\u00a0 The security,<br \/>\nscale, and efficiency it brings will create cost savings.<\/p>\n<p>&#8220;Consumers want more personalized, the relevant insurance cover that<br \/>\nis easy to access, easy to use, and meets their lifestyle needs.\u00a0 We are very pleased to partner with Amodo to<br \/>\nhelp create radically new digital solutions that will help protect families<br \/>\nwhen and how they want it and based on their lifestyle and usage,&#8221; said <b>Mark Wales, Chief Executive Officer at<br \/>\nGalileo Platforms<\/b>.\u00a0 &#8220;Our low cost,<br \/>\nhigh-efficiency technology enables the whole life-cycle of insurance<br \/>\ntransactions to be completed at scale, without touching human hands&#8221;.<\/p>\n<p>&#8220;We are excited to partner with the Galileo Platforms team as we<br \/>\nbelieve that together we can bring even more value to our insurance partners or<br \/>\nlarge brands wanting to offer innovative insurance services to their customers.<br \/>\nTogether, with our solutions combined in one we will move the insurance industry<br \/>\nforward in Asia-Pacific&#8221;, says <b>Darko<br \/>\nTukulj, Chief Growth Officer at Amodo<\/b>.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/58576#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allows insurers to create new solutions based on behavioural data on blockchain infrastructure Cost-saving, secure, high-efficiency blockchain technology provides a single source of truth \u00a0 HONG KONG \/ ZAGREB\u00a0&#8211;\u00a0Media OutReach\u00a0&#8211;\u00a017 December\u00a02020 &#8211; Amodo and Galileo Platforms, two of the world&#8217;s leading business-to-business (B2B) insurtech companies, today announced a new strategic partnership that will utilize innovative &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/10273"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=10273"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/10273\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=10273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=10273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=10273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}