Pages

31

Deliverables

Released

1Q 2012

Product Code

RR-INSTEL-12

Price

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While insurance telematics or usage-based insurance (UBI) are far from recent phenomena - US-based Progressive was already trialing solutions back in 2002 - renewed interest in this market has been observed in the past two years with both uptake accelerating and the very nature of UBI changing dramatically from pay as you drive (PAYD) to pay how you drive (PHYD). Additionally, UBI is offered together with other safety and security telematics services such as stolen vehicle tracking, emergency calling, and roadside assistance. This study covers the different solutions for insurance telematics, including PAYD and PHYD, across different form factors including embedded, portable, and converged in North America, Europe, Asia-Pacific, and the Rest of the World.

What Questions Does This Report Answer?

• What is UBI?
• How is UBI evolving?
• What is the role of UBI in the broader telematics context?
• What are the main drivers and barriers for market uptake?
• What are the main technical implementation types and how will their shares evolve?
• How many UBI users will there be in North America, Europe, Asia-Pacific, and the Rest of the World?

Who Needs This Report?

• Insurance companies
• Telematics service providers
• Car OEMs
• Automotive tier-one suppliers
• Carriers
• Software developers
• Hardware developers