Fairsich is a fair motor insurance solution that offers a pleasant experience, and the cheapest possible insurance premium for low-risk drivers by considering penalties for high-risk drivers. Our platform consists of a constant monitoring IoT device installed in the car, an easy-to-use app, and a privacy-protective data analysis system for assessing driving style. We won't have any access to our customers' data. All data analytics will take place on the customer's side, using Edge Computing.