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Next Auto

Curated by Signal

Usage-based digital insurance and automotive product comparison platform.

Overview

Next Auto operates in the fintech sector, focusing on usage-based digital insurance. The company utilizes technology to create personalized insurance policies that are based on actual usage patterns. By employing telematics and Internet of Things (IoT) devices, Next Auto collects real-time data regarding driving behavior and other activities, which facilitates the customization of premiums and coverage. This model aims to reward safe driving behaviors with reduced costs, offering consumers a method to manage their insurance expenses. In addition to insurance, Next Auto provides a variety of car products, spare parts, and accessories, along with straightforward comparisons to assist customers in selecting appropriate products for their vehicles. The company operates as an affiliate of Amazon, earning commissions from product purchases, which contributes to its business model in the automotive sector.

Key facts

Founded
2014
Headquarters
Alcobendas, Spain

Business model

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About Next Auto

What does Next Auto do?

Next Auto operates in the fintech sector, focusing on usage-based digital insurance.

Where is Next Auto headquartered?

Next Auto is headquartered in Alcobendas, Spain.

When was Next Auto founded?

Next Auto was founded in 2014.

Which sector is Next Auto in?

Next Auto operates in Insurance Technology, part of Financial Technology.

Who are Next Auto's competitors?

Companies similar to Next Auto include Adiona Technologies, Aktuaris, and True Mileage.