Insurance Telematics

PAYD, PHYD, and Driver Behavior Monitoring

Research Report

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.

Table of Contents

  • Top Line Forecast
  • Drivers
  • Inhibitors
  • UBI Technologies and Form Factors
  • Summary and Strategic Recommendations
  • 1. EXECUTIVE SUMMARY
    • 1.1. Market Trends
    • 1.2. Market Drivers and Barriers
    • 1.3. Market Forecasts
  • 2. RECOMMENDATIONS
    • 2.1. Insurance Providers
    • 2.2. Telematics Vendors
    • 2.3. Car OEMs
    • 2.4. Governments and Regulators
  • 3. INSURANCE TELEMATICS FEATURES
    • 3.1. Pay As You Drive
    • 3.2. Pay How You Drive
    • 3.3. Driver Behavior Monitoring
    • 3.4. Other Features
    • 3.5. Consumer Versus Commercial
    • 3.6. Wider Relevance of Insurance Telematics
    • 3.7. Active Safety Systems and Insurance Telematics
    • 3.8. Car Sharing and Telematics
  • 4. INSURANCE TELEMATICS TECHNOLOGY
    • 4.1. Telematics Hardware
    • 4.2. Reporting and Monitoring Software
    • 4.3. Analytics
    • 4.4. Connectivity
  • 5. INSURANCE TELEMATICS DRIVERS AND BARRIERS
    • 5.1. Drivers
    • 5.2. Barriers
  • 6. INSURANCE TELEMATICS VENDORS
    • 6.1. Allstate Insurance Company
    • 6.2. Amaguiz
    • 6.3. Aviva plc
    • 6.4. CoverBox Ltd.
    • 6.5. Hughes Telematics, Inc.
    • 6.6. Ingenie Ltd.
    • 6.7. Insure The Box
    • 6.8. Liberty Mutual Insurance Company
    • 6.9. MyDrive Solutions
    • 6.10. Novatel Wireless
    • 6.11. Numerex Corporation
    • 6.12. Octo Telematics S.p.A.
    • 6.13. Progressive Casualty Insurance Company
    • 6.14. State Farm
    • 6.15. The Hartford
    • 6.16. TomTom
    • 6.17. TRACKER Network
    • 6.18. Travelers Indemnity Company
    • 6.19. Trimble Insurance Agency, Inc.
    • 6.20. ViaSat, Inc.
    • 6.21. Zurich Financial Services Ltd.
  • 7. MARKET FORECASTS
    • 7.1. Methodology
    • 7.2. Definitions
    • 7.3. Assumptions
    • 7.4. North America
    • 7.5. Europe
    • 7.6. Asia-Pacific
    • 7.7. Rest of the World
  • 8. COMPANY DIRECTORY
  • 9. ACRONYMS
  • 10. LINKS TO RELATED RESEARCH
    • 10.1. Scope of Study
    • 10.2. Sources and Methodology
    • 10.3. Notes

Tables

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  1. Insurance Telematics Shipments by Region, World Market, Forecast: 2010 to 2017
  2. Insurance Telematics Subscribers by Region, World Market, Forecast: 2010 to 2017
  3. Insurance Telematics Discounts by Region, World Market, Forecast: 2010 to 2017
  4. Insurance Telematics Shipments by Type, North America, Forecast: 2010 to 2017
  5. Insurance Telematics Subscribers by Type, North America, Forecast: 2010 to 2017
  6. Insurance Telematics Discounts by Type, North America, Forecast: 2010 to 2017
  7. Insurance Telematics Shipments by Type, Europe, Forecast: 2010 to 2017
  8. Insurance Telematics Subscribers by Type, Europe, Forecast: 2010 to 2017
  9. Insurance Telematics Discounts by Type, Europe, Forecast: 2010 to 2017
  10. Insurance Telematics Shipments by Type, Asia-Pacific, Forecast: 2010 to 2017
  11. Insurance Telematics Subscribers by Type, Asia-Pacific, Forecast: 2010 to 2017
  12. Insurance Telematics Discounts by Type, Asia-Pacific, Forecast: 2010 to 2017
  13. Insurance Telematics Shipments by Type, Rest of the World, Forecast: 2010 to 2017
  14. Insurance Telematics Subscribers by Type, Rest of the World, Forecast: 2010 to 2017
  15. Insurance Telematics Discounts by Type, Rest of the World, Forecast: 2010 to 2017

Charts

  1. Insurance Telematics Shipments by Region
  2. Insurance Telematics Subscribers by Region
  3. Insurance Telematics Discounts by Region
  4. Insurance Telematics Shipments by Type
  5. Insurance Telematics Subscribers by Type
  6. Insurance Telematics Discounts by Type
  7. Insurance Telematics Shipments by Type
  8. Insurance Telematics Subscribers by Type
  9. Insurance Telematics Discounts by Type
  10. Insurance Telematics Shipments by Type
  11. Insurance Telematics Subscribers by Type
  12. Insurance Telematics Discounts by Type
  13. Insurance Telematics Shipments by Type
  14. Insurance Telematics Subscribers by Type
  15. Insurance Telematics Discounts by Type
  16. Insurance Telematics Subscribers by Region, World Market, Forecast: 2010 to 2017
  17. Insurance Telematics Subscribers by Type, North America, Forecast: 2010 to 2017