Problem
Traditional vehicle insurance is expensive, inflexible, and often unfair to careful drivers. Standard models calculate premiums without considering real driving behavior, leading to overpayments and lack of transparency. Fintech startups face additional challenges in creating secure, decentralized insurance systems that comply with strict regulations while integrating advanced technologies such as AI, blockchain, and telematics.
Solution
InDevLab partnered with KASKO2GO to design and deliver a decentralized insurance platform powered by blockchain, AI, and military-grade telematics. The mobile application analyzes drivers’ habits, reactions, and time spent behind the wheel to calculate personalized insurance costs—reducing premiums by up to 50%. Our team provided product development, blockchain integration, and ongoing technical support to ensure scalability, compliance, and user trust. Key solution elements included: Development of blockchain-based decentralized insurance infrastructure. Creation of cryptocurrency wallet and secure payment modules. AI-driven telematics for real-time driving behavior monitoring. Smart contracts for automated claim handling and fraud prevention. Mobile applications for iOS and Android with intuitive user experience. Implementation of GDPR, ISO 27001, and PSD2 standards. Continuous technical and product support for platform scalability.
Result
The launch of KASKO2GO enabled the client to disrupt the traditional auto insurance industry with a secure, transparent, and user-centric solution. Customers received an insurance product that adapts to their actual driving style, builds trust through blockchain transparency, and ensures financial efficiency. Achieved outcomes: Up to 50% savings for drivers on insurance premiums. 40% faster claim-processing through smart contracts. Increased customer loyalty thanks to personalized pricing. Full compliance with international fintech and insurance standards. Scalable infrastructure enabling expansion to global markets.