Covercube launches freemium app for usage-based car insurance in the US in partnership with Greater Than
Greater Than (GREAT: STO), the insurtech that predicts accident probability per driver in real-time, has in partnership with the MGA Covercube tailored a freemium version of the UBI app that allows motorists to try the app and its dynamic pricing function without any commitment. By driving with the app, motorists will see how much they can save on their premiums by driving smarter and safer.
The Covercube freemium app is free of charge and available for download on App Store and Google Play. When using the app, motorists gain real-time insight into their driving risk level, potential insurance cost savings and saved CO2 emission per mile.
"As dynamically priced insurances are booming in the US, we are well-positioned to bring AI into the equation. If we truly aim to lower accidents and fatalities on the road, traditional telematics won't do the job. However, advanced AI brings in new layers of information, proven to decrease both accidents and carbonization. We're very proud to bring this technology to all auto insurance consumers in the US." – Johanna Forseke, Chief Business Officer, Greater Than
When the user connects the Covercube app to their car and starts to drive, they will get real-time feedback on their risk level score and energy consumption. As a result, they will learn how to influence their insurance premium by adopting a safer and smarter driving style with a lower carbon footprint. The Covercube freemium app is nonbinding and offers complimentary driving support for motorists eager to learn how to drive more energy-efficient, eco-friendly and safe.
“We’re very excited to launch this extraordinary free offering for all US motorists. By just using a smartphone and the Covercube freemium app connected to their car, we give everyone the opportunity to find out how much they actually should be paying for their car insurance." – John Crispi, founder and CEO, Covercube
Details about the app
The Covercube freemium app can be used on smartphones and is available for download on App Store and Google Play. A premium version of the app with full insurance coverage will be released in the near future.
App Store: https://apps.apple.com/us/app/covercube/id1586001650
Google Play: https://play.google.com/store/apps/details?id=org.leanportal.covercube
--- END ---
For media inquiries, contact
Eva Voors, Chief Communications Officer, Greater Than
+46 708 884 880
Isis Fernandez, Director of Operations, Covercube
+1(844)958-4953
About Greater Than
Greater Than is an AI data analytics company that predicts accident probability and CO2 impact per driver in real-time, revolutionizing auto insurance pricing and new business solutions for the automotive, new mobility and fleet industries.
Our AI has experienced the equivalent of 855,000 man-years of real driving and has to date discovered over 7 billion unique driver DNAs: learning that makes it the most experienced AI driver in the world.
Greater Than is recognized as an InsurTech100 company and has been named Provider of AI Automotive Product of the year, 2021. Greater Than is listed on Nasdaq First North Growth Market. Learn more at www.greaterthan.eu
About Covercube
Covercube is a full stack General Agency that offers innovative insurance products and services for carriers and reinsurers. Incepted in 2021, Covercube brings over 20 years of management experience in the P&C space with emphasis on the growth of the independent agency distribution channel. Covercube’s innovative pricing allows independent agencies to compete with captive carriers and direct writers by offering an alternative to traditional and out-dated pricing methods. For more information, please visit www.covercube.com
Tags:
