Reuno Segur
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Podcast Appearances
Well, if you make the math, then yes.
Currently not.
It's less.
That's a great question.
Yes, we sell directly to companies and we're also launching a product directly to consumers who would like to get help in pre-inspecting cars.
We're really strong in our home region, which is Central and Eastern Europe.
And we work with the largest groups such as Vienna Insurance Group and also Ergo, which is a part of Munich Rep.
Well, there are two factors to that, mostly, on a general level.
Of course, the volume of inspections in a given period, let's say a month or a year, and what kind of features the company wants.
Because our competitive advantage is how much the company or client can tweak the solution themselves.
So we're looking at between two to seven euros per inspection.
That's a great question.
So in our region and also in the US, fraud is a very big issue.
So that's why insurance companies are pre-inspecting the car.
That's really important to understand what damages are pre-accident and post-accident.
Now, with our technology, they just need to have the vehicle information such as the number plates and bin code.
generate the DriveX link in our system or through API and send the link to the consumer, usually with an SMS.
And it's all web-based technologies.
You don't need to download or install anything.
And depending on the workflow that the insurance company is using that defines the images and validations,