1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends

Insurance Telematics in Europe and North America

  • June 2016
  • 190 pages
  • Berg Insight AB
Report ID: 2978991


Table of Contents

Insurance Telematics in Europe and North America is the second strategy report from Berg Insight analysing the latest developments on the insurance telematics market This strategic research report from Berg Insight provides you with 190 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions

Highlights from this report:

Insights from 30 new executive interviews with market leading companies
Comprehensive overview of the insurance telematics value chain and key applications
In-depth analysis of market trends and key developments
Case studies of more than 40 insurance telematics initiatives
Summary of the involvement of vehicle OEMs and mobile operators New data on vehicle populations in Europe and North America
Market forecasts by country lasting until 2020

This report answers the following questions:

What types of insurance telematics products are offered on the market?
Which are the leading providers of insurance telematics technology?
What business models are available for insurers entering the insurance telematics space?
Which are the most successful insurance telematics programs today?
How are mobile operators approaching the insurance telematics market?
How are the vehicle OEMs involved in the ecosystem?
Which are the major drivers and barriers for insurance telematics adoption?
Which are the key future trends in the industry?

How will the insurance telematics markets develop in Europe and North America?

The integration of telematics technology constitutes the latest revolution for the automotive insurance industry The concept of telematics is a portmanteau of telecommunications – long-distance communication – and informatics – the science of information Telematics in general thus refers to the collection of information related to remote objects such as vehicles via telecommunication networks

The introduction of telematics technology in the context of automotive insurance is commonly referred to as usage-based insurance (UBI) or insurance telematics Solutions of this type generally enable automotive insurers to improve pricing mechanisms based on actual driving data, gain better control of claims and differentiate their offerings to current and prospective policyholders Variants of insurance telematics which have been popularised over the years include behaviour-based pricing models such as Pay-As-YouDrive (PAYD), Pay-How-You-Drive (PHYD) and Manage-How-You-Drive (MHYD)

The addressable market for insurance telematics is significant A total of around 282 million vehicles were in use in EU23+2 in 2014, including over 246 million passenger cars In North America, an estimated total of around 276 million vehicles were in use in 2014, out of which passenger cars and light trucks are estimated to represent almost 263 million vehicles Some kind of basic automotive insurance is mandatory in most developed countries and there are moreover a number of subcategories of insurance that provide coverage for different types of unforeseen events involving motor vehicles Motor gross written premiums in EU23+2 reached a total of over € 125 billion in 2014 The equivalent number for North America was US$ 215 billion (€ 162 billion) in 2014

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Implementing Cognitive Systems in Insurance Organizations

  • $ 4500
  • Industry report
  • July 2017
  • by IDC

This study is intended to help business and IT executives in insurance organizations (insurers and intermediary organizations) understand what cognitive systems are, why they are relevant, and how they ...

Property Insurance in Emerging Asia

  • $ 3800
  • Industry report
  • May 2017
  • by Timetric

Synopsis Timetric’s 'Insight Report: Property Insurance in Emerging Asia' analyzes the rapidly growing economies in Emerging Asia, and identifies opportunities in the midst of economic growth and low ...

Autonomous Driving – The Opportunities and Obstacles Ahead

  • $ 3800
  • Industry report
  • May 2017
  • by Timetric

Synopsis Timetric’s ’Industry Insight: Autonomous Driving - The Benefits and Hurdles Ahead’ report analyzes the challenges, innovations, market environment and regulatory developments in the automated ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.