Oseven Telematics

Insurance telematics and driving behavioural analytics

OSeven is a pioneer insurance telematics and driving behavioral analytics company. Following an end-user centric approach, the company provides a social-oriented Behavioral-Based insurance (BBI) platform for motor insurance companies and fleet owners to create motivated Safe&Eco Drivers offering financial incentives and Awards. OSeven offers a device-agnostic cloud based platform as a clearing house of APIs, though it concentrates on a smartphone-only, easily scalable, cost effective and user friendly solution for the next years. It applies advanced machine learning techniques and develops a sophisticated scoring model coming from over 25yrs research in the Field of its top tier engineering team. Its state of the art solution provides big advantages like fast scale up, avoids legal regulations obstacles, cost reduction up to 80% comparing to classic telematics solutions, crash detection, driver/passenger recognition and most importantly measures driving distraction risk by recognizing mobile use while driving. Mobile use is the cause of 25% of the traffic accidents today and No1 Killer among ages 18-29yrs. OSeven has targeted the personal and commercial insurance verticals. As a designed-led company, the end user is the epic centre of its efforts. To maximise customer engagement, the company is working on enabling customers with a solid gamification and rewards program to complement the premium discounts insurers may offer based on its Score. In April 2016, in European Fintech Awards 2016 (Amsterdam, ABN Amro HQ) OSeven had been acknowledged as one of the Top25 Fintech and Top3 Insurtech in Europe among 500 hand-picked European fintech companies. Also, in the same competition, the company ranked 1st among Top100 list in public voting with 3500 votes. In June 2016, OSeven had been selected by iFinance ORIGAMI as one of the Top15 Fintech companies in London. In October 2016, OSeven was selected as one of the Leading Global Fintech Innovators. It was listed in 2016 Fintech 100 powered by KPMG and H2 Ventures together with 11 other InsurTech stars but the only telematics provider.