General

Europe (Top 5) Automotive Usage-based Insurance (UBI)

Europe (Top 5) Automotive Usage-based Insurance (UBI)

Dublin, Nov. 28, 2022 (GLOBE NEWSWIRE) — The “Automotive Usage-based Insurance (UBI) in Europe 5 – Forecast to 2028” report added ResearchAndMarkets.coms offer.

This research service analyzes the Europe-5 automotive UBI market. It provides an overview of selected car insurance companies offering UBI policies in these countries, including DirectLine Insurance, Allianz SE, Unipolsai Assicurazioni SpA, Generali and Ergo.

In the post-pandemic era, the rising trend of connected cars, users’ adoption of in-vehicle connected services and increasing awareness of vehicle usage are driving the growth of car-based insurance (UBI) in Europe-5 countries (the United Kingdom , Germany, Italy, France and Spain). The adoption of telematics by insurance companies is revolutionizing the motor insurance industry with relevant and innovative insurance policies for customers.

Unlike the West, the European insurance industry is driven by regional companies and key partnerships between insurers and telematics providers, which will accelerate the growth of UBI in the automotive sector over the forecast period (2022-2028).

An important trend observed in the European industry is the rising number of InsurTechs in the insurance domain; these companies are transforming business models and looking at new ways to collect and share data with improved connectivity and data communication between OEMs, TSPs and insurance companies.

While Italy continues to dominate the affiliated insurance market in Europe, regional companies in the UK and Germany are leaving no stone unturned in crafting realistic UBI plans to match the social shift in the post-pandemic era.

Main topics:

1. Strategic Requirements

  • Why is it getting harder and harder to grow?
  • The strategic imperative
  • The impact of the top 3 strategic imperatives on the automotive UBI industry
  • Growth opportunities feed the growth pipeline engine

2. Automotive UBI Trends and Roadmap

  • Evolution of Automotive UBI
  • UBI – Hardware Variations
  • General and Connected Car parameters to address insurance
  • Trends influencing automotive UBI
  • Impact of CASE on UBI
  • Car insurance scenario in the 5 countries of Europe
  • Future Roadmap

3. Analysis of growth opportunities

  • Scope of analysis
  • Main competitors
  • Growth Drivers
  • Growth restrictions
  • Growth statistics
  • Prediction Assumptions
  • Forecast sales and shipments per unit
  • Sales forecast by region
  • Shipping forecast by region
  • Price trends and forecast analysis
  • Competitive environment
  • Europe-5 UBI Telematics supplier analysis

4. Growth Opportunity Analysis – Germany

  • German Automotive UBI Market Analysis
  • Growth statistics
  • Prediction Assumptions
  • Forecast sales and shipments per unit
  • Case Study – HUK-Coburg
  • Case Study – Ergo Group

5. Growth Opportunity Analysis – UK

  • UK Automotive UBI Market Analysis
  • Growth statistics
  • Prediction Assumptions
  • Forecast sales and shipments per unit
  • Case Study – Direct Line
  • Case Study – ByMiles

6. Growth Opportunity Analysis – France

  • French Automotive UBI Market Analysis
  • Growth statistics
  • Prediction Assumptions
  • Forecast sales and shipments per unit
  • Case Study – Allianz SE
  • Case Study – PSA Finance with AXA

7. Growth Opportunity Analysis – Italy

  • Italian Automotive UBI Market Analysis
  • Growth statistics
  • Prediction Assumptions
  • Forecast sales and shipments per unit
  • Unipoltech solution technology
  • Linear Assicurazioni

8. Growth Opportunity Analysis – Spain

  • Spanish Automotive UBI Market Analysis
  • Growth statistics
  • Prediction Assumptions
  • Forecast sales and shipments per unit
  • General Spain

9. Universe for Growth Opportunities

  • Growth Opportunity 1 – The shift in the UBI UI
  • Growth Opportunity 2 – Next Level Insurance: ADAS and EV Policies
  • Growth Opportunity 3 – The Big Picture: Connected Lifestyle Insurance

10. Next steps

For more information on this report visit https://www.researchandmarkets.com/r/vin3m1