The company was founded in 2014 by two motorcycle enthusiast that had a vision of improving motorcyclist safety on the road. The company invented and successfully launched the world’s first accurate self-canceling turn signal module and deceleration detection module.
Working hand in hand with end-users gave us amazing insight into their problems, needs, and fears. Based on that we have developed a new generation motorcycle insurance platform focused on user demanded services.
Rok Upelj, Miha Kovač
At ExecInsurtech we are looking for
we are searching for insurance partners in foreign markets. Our 2019 success story proved that motorcycle riders demand independent anti-theft insurance with a complete scope of service (tracker, SOS call, telemetric..).
Comprehensive insurance is expensive and insurances were unable to offer anti-theft insurance as a sole product due to high claim and fraud risk. VIGO enabled this and increased the average growth of revenue per user for 85% by offering an independent telematic anti-theft insurance-based product with a full scope of service. It proved itself as a successful, innovative entry point that enables the application of telematics benefits to existing insurance products.
Our Plans for 2020
We are planning to reach 20% market share in segment (10% TAM) in the Slovenian market. We are also planning up to 3 pilot projects and we are opening at least 2 new EU market in 2020. We are thrilled to work with prominent insurance companies and to offer the first service based telematics solution that is demanded by end-users.
What makes YOUR COMPANY special?
In contrary to all other telematics products that are focused on insurances, we are focused on the end-user. By providing them a service they need and a solution they demand this offers us and the partner insurance companies an amazing entry point for successful application of all telematic benefits such as PHYD, PAYD, fraud prevention, cost reduction, advanced analytics, automatic claim procession etc.