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OUR PARTNER
Carrot Insurance
About Us
Carrot Insurance uses its own IoT device to measure mileage
for digital car insurance billed monthly, based on distance driven.
Customer Needs
An IoT device in the car's power socket measures mileage
to calculate pay-per-mile insurance premiums.
Customer Needs
01
Data Loss
Risk
Lossless data collection enables accurate insurance billing.
02
Existing DBMS
Input Limits
GPS and driving data had to be collected every second
from hundreds of thousands of users.
The existing DBMS could not cope.
Solution
Cloud instances handle data processing,
with three instances deployed as a Machbase cluster.
Redundant master/data nodes remove single points of failure.
Automatic failover handles faults.
HA and scale-out support reliable 24/7/365 service.
Results
01
Stable
Service
Users grew tenfold from 100K in 2020 to 1M in 2022,
while the service remained stable.
02
Revenue
Growth
Launched Feb. 2020: KRW 39.5B revenue in 2020,
rising to KRW 442.5B in 2022 (90% from auto insurance).
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