Written by 13:30 2 to 5 M EUR, Europe, Innovators, InsurTech, LoB: Motor, Prop.: Solution Provider, Segm.: Personal, Stage: Seed, Switzerland, V Type: Bootstraped, Value Chain: Analytics & Reporting, Value Chain: Underwriting & Pricing


kasko2go AG is an innovative provider of insurance solutions that aims to promote a safe driving culture in society. Thanks to specially developed AI and telematic big data assessments with Pay-As-You-Drive and Pay- How-You-Drive models, kasko2go AG reduces insurance premiums by up to 50%.

kasko2go creates a cutting-edge insurtech software solution for the motor insurance based on usage based insurance with technology PHYD and PAYD Pay How You Drive (PHYD) Customer’s driving behaviour as well as other parameters such as traffic conditions, road types etc. are fed into a sophisticated model, which calculates an individual customer rate (scoring) Pay As You Drive (PAYD) The customer pays only as much as he has effectively driven. Price per kilometre is individualized and determined based on customer underwriting profile.

Since April 2019, kasko2go AG and its insurance partner, Dextra Versicherungen AG, have been offering a revolutionary car insurance app in Switzerland, which calculates the premium according to individual driving behaviour.

As a next technological step kasko2go AG, with its Israeli development team including top scientists, is the first company in Europe to pursue with its new product “Normal Sigma” the vision of an industry standard in insurance driver rating and to take the necessary steps to achieve this goal.

Tags: Last modified: 19.01.21