Insurance Telematics in Europe and North America - 9th Edition

Table of Contents

Table of Contents

List of Figures

Executive Summary

1. The Automotive Market

• 1.1. The automotive market in Europe
  • 1.1.1. Vehicles in use and car density
  • 1.1.2. New car registrations and leading manufacturers
• 1.2. The automotive market in North America
  • 1.2.1. Vehicles in use and car parc density
  • 1.2.2. New car registrations and leading manufacturers
• 1.3. Automotive insurance
  • 1.3.1. Basic insurance terminology and categorisations
  • 1.3.2. The fundamentals of automotive insurance
  • 1.3.3. Traditional automotive insurance risk rating and pricing criteria
  • 1.3.4. Developments of the actuarial toolbox for motor insurers
• 1.4. The European automotive insurance market
• 1.5. The North American automotive insurance market

2. Insurance Telematics Solutions

• 2.1. Introduction to insurance telematics
  • 2.1.1. The rationale for telematics-based insurance policy pricing
  • 2.1.2. Brief history of insurance telematics offerings
• 2.2. Usage-based insurance and related concepts and applications
  • 2.2.1. Manual reporting
  • 2.2.2. Usage-based insurance telematics - PAYD, PHYD, MHYD and TBYB
  • 2.2.3. Continuous and time-limited telematics data recording
  • 2.2.4. Usage-based pricing vs claims-related insurance telematics
  • 2.2.5. Personal lines and commercial lines insurance telematics
  • 2.2.6. Value-added services related to insurance telematics
• 2.3. Insurance telematics infrastructure
  • 2.3.1. Vehicle segment
  • 2.3.2. Insurer segment
  • 2.3.3. End-user segment
  • 2.3.4. Network segment
  • 2.3.5. GNSS segment
• 2.4. Business models
  • 2.4.1. In-house development
  • 2.4.2. Leveraging telematics partners
  • 2.4.3. Underwriting without direct client interaction

3. The European Insurance Telematics Market

• 3.1. Regional market characteristics
  • 3.1.1. Italy
  • 3.1.2. Germany
  • 3.1.3. United Kingdom
  • 3.1.4. France
  • 3.1.5. Benelux
  • 3.1.6. Central and Eastern Europe
  • 3.1.7. Austria and Switzerland
  • 3.1.8. Iberia
  • 3.1.9. The Nordics
• 3.2. Insurance telematics case studies
  • 3.2.1. Four million vehicles insured by Unipol feature a black box
  • 3.2.2. Generali offers a wide portfolio of insurance telematics products
  • 3.2.3. Smartphone-only solutions - a growth engine for Allianz's telematics offerings
  • 3.2.4. AXA has refocused its insurance telematics portfolio in Europe
  • 3.2.5. Admiral Group has multiple insurance telematics programs in Europe
  • 3.2.6. Insure The Box exited the UBI market in 2024
  • 3.2.7. Aviva completed the acquisition of Direct Line Group in July 2025
  • 3.2.8. Zego shifts strategic focus from B2B to B2C for its UBI portfolio
  • 3.2.9. Howden Group consolidates broking businesses under a single brand
  • 3.2.10. Acorn Insurance offers UBI through the Carrot and Acorn brands
  • 3.2.11. Markerstudy Group acquires Atlanta Group
  • 3.2.12. RSA offers UBI in Ireland via 123.ie
  • 3.2.13. AbbeyAutoline (Prestige) offers UBI in partnership with Howden Driving Data
  • 3.2.14. Hastings Direct and CMT announce partnership renewal for YouDrive
  • 3.2.15. Stellantis has a long experience in UBI on the European market
  • 3.2.16. Mercedes-Benz offers UBI in Germany, Belgium and France
  • 3.2.17. HUK-Coburg offers smartphone-based telematics since 2019
  • 3.2.18. VHV's Telematik Garant has switched to a mobile-based telematics solution
  • 3.2.19. Neodigital fully acquired by HUK-COBURG in 2025
  • 3.2.20. Groupama offers insurance telematics in multiple countries
  • 3.2.21. MAPFRE provides insurance telematics products in Spain
  • 3.2.22. OSA and Sparkassen Versicherung offer eCall services in Germany
  • 3.2.23. GDV launches eCall service with participating German insurers
  • 3.2.24. Zavarovalnica Triglav offers UBI in Slovenia
  • 3.2.25. Warta offers app-based UBI in Poland
  • 3.2.26. HDI Global offers telematics solutions in the UK, Germany and Italy
  • 3.2.27. Zurich partners with MGA Freedom Services in the UK
  • 3.2.28. Paydrive offers UBI in Sweden
  • 3.2.29. VIS pioneers telematics insurance in Iceland
  • 3.2.30. ABAX launches commercial UBI insurance
  • 3.2.31. KIA and LexisNexis Risk Solutions partner to offer OEM telematics-based UBI

4. The North American Insurance Telematics Market

• 4.1. Regional market characteristics
  • 4.1.1. United States
  • 4.1.2. Canada
• 4.2. Insurance telematics case studies
  • 4.2.1. Progressive is the UBI telematics pioneer in the US
  • 4.2.2. State Farm works with CMT to enhance the Drive Safe & Save program
  • 4.2.3. Allstate offers Drivewise and Milewise in the US
  • 4.2.4. Liberty Mutual has a broad portfolio of telematics products
  • 4.2.5. Desjardins offers a smartphone app for insurance telematics in Canada
  • 4.2.6. Nationwide offers UBI based on OBD-II, smartphone and OEM telematics data
  • 4.2.7. Farmers offers mobile-based insurance telematics
  • 4.2.8. Travelers offers UBI powered by Cambridge Mobile Telematics
  • 4.2.9. GEICO offers a smartphone-based telematics program in select US states
  • 4.2.10. Toyota Insurance Management Solutions offers UBI in the US
  • 4.2.11. CAA offers MyPace and Connect powered by OCTO Telematics
  • 4.2.12. Root Insurance leverages smartphone-based telematics to offer UBI
  • 4.2.13. USAA relaunches its UBI offerings
  • 4.2.14. Progressive offers two commercial UBI products
  • 4.2.15. Nationwide offers commercial lines insurance telematics solutions
  • 4.2.16. Philadelphia Insurance Companies offers fleet insurance telematics
  • 4.2.17. Ohio Mutual Insurance Group offers app-based UBI in seven states
  • 4.2.18. Liberty Mutual strengthened its UBI offering with the State Auto acquisition
  • 4.2.19. CMT powers multiple safe driving contests in the US
  • 4.2.20. Intact bets on smartphone-based telematics solutions
  • 4.2.21. Lemonade fully integrates Metromile as its pay-per-mile insurance offering
  • 4.2.22. American Family Insurance offers two UBI programs
  • 4.2.23. HDVI pioneers telematics UBI for fleets of semi-trailer trucks
  • 4.2.24. Tesla to underwrite its own telematics insurance policies
  • 4.2.25. Pouch and Mojio partner to offer fleet insurance to small businesses
  • 4.2.26. TD Insurance chooses IMS to power its next-generation UBI
  • 4.2.27. Wawanesa Insurance offers app-based UBI powered by The Floow

5. Market Forecasts and Trends

• 5.1. Market analysis
  • 5.1.1. Insurance telematics policies and penetration in Europe and North America
  • 5.1.2. Form factor developments in Europe and North America
• 5.2. Value chain analysis
  • 5.2.1. Insurance industry players
  • 5.2.2. Telematics industry players
  • 5.2.3. Automotive industry players
  • 5.2.4. Mergers and acquisitions in the insurance telematics space
• 5.3. Market drivers and barriers
  • 5.3.1. Macroeconomic environment
  • 5.3.2. Regulatory environment
  • 5.3.3. Competitive environment
  • 5.3.4. Technology environment
• 5.4. Industry trends
  • 5.4.1. AI to drive the need for data in the insurance industry
  • 5.4.2. Customer engagement becomes increasingly important for UBI
  • 5.4.3. Insurers embrace both UBI and claims-related insurance telematics
  • 5.4.4. UBI standalone apps are being integrated into insurers' main apps
  • 5.4.5. The impact of the EU Data Act remains to be seen
  • 5.4.6. TSPs as intermediaries between OEMs and insurers for connected car data
  • 5.4.7. The smartphone is the most favoured form factor in the industry
  • 5.4.8. Insurers begin to offer wider functionality in their app-based UBI solutions
  • 5.4.9. Combined smartphone and connected car data solutions show promise
  • 5.4.10. Fleet insurance telematics is an opportunity to reduce fleet risks and costs
  • 5.4.11. Privacy concerns are softening across customer segments
  • 5.4.12. Insurance telematics aims to reduce distracted driving
  • 5.4.13. Pay-per-mile insurance programs gain popularity as driving habits shift
  • 5.4.14. Continued broadening of the insurance telematics concept is expected
  • 5.4.15. Autonomous cars alter the playing field for motor insurance
  • 5.4.16. New mobility forms provide new opportunities for telematics-based insurance
  • 5.4.17. The insurance telematics concept to be applicable for more vehicle types
  • 5.4.18. Outlook: Insurance telematics is growing rapidly in other regions

6. Company Profiles and Strategies

• 6.1. Agero
• 6.2. Arity
• 6.3. Azuga (Bridgestone)
• 6.4. Cambridge Mobile Telematics
• 6.5. CCC Intelligent Solutions
• 6.6. ClearScore
• 6.7. Danlaw
• 6.8. Dolphin Technologies
• 6.9. DriveQuant
• 6.10. Earnix
• 6.11. FairConnect Group
• 6.12. Greater Than
• 6.13. Howden Driving Data (Howden Group)
• 6.14. IMS
• 6.15. LexisNexis Risk Solutions
• 6.16. MOTER Technologies
• 6.17. Munic
• 6.18. OCTO Telematics
• 6.19. OSeven Telematics
• 6.20. Radius Telematics
• 6.21. Redtail Telematics
• 6.22. Sentiance
• 6.23. Smith System
• 6.24. Scope Technology
• 6.25. Sycada
• 6.26. Targa Telematics
• 6.27. Telematics Technologies
• 6.28. The Floow
• 6.29. Trakm8
• 6.30. Valtech Mobility
• 6.31. Vodafone Automotive
• 6.32. Webfleet
• 6.33. Xirgo
• List of Acronyms and Abbreviations

List of Figures

• Figure 1.1: Vehicles in use (EU27+EFTA+UK 2023)
• Figure 1.2: Passenger car density per 1,000 inhabitants (EU27+EFTA+UK 2023)
• Figure 1.3: Passenger car registrations by manufacturer (EU+UK+EFTA 2024)
• Figure 1.4: Vehicles in use (North America 2024)
• Figure 1.5: Passenger car registrations by manufacturer (North America 2024)
• Figure 1.6: Motor insurance statistics (EU22+3 2023)
• Figure 1.7: Motor insurance revenues (USA 2023-2024)
• Figure 1.8: Motor insurance revenues by state (Canada 2023-2024)
• Figure 2.1: Distribution of fatal crashes by day of week and time of day (The US 2023)
• Figure 2.2: Subcategories of usage-based insurance and insurance telematics
• Figure 2.3: Schematic classification of insurance telematics
• Figure 2.4: Insurance telematics infrastructure overview
• Figure 2.5: Examples of principal insurance telematics form factors
• Figure 2.6: Example of a windscreen-mounted Bluetooth device from CMT
• Figure 2.7: GDV-Stecker 12 V device provided by Bosch
• Figure 2.8: Nextbase's Dash Cam 522 GW and Rear Window Cam module
• Figure 2.9: Schematic insurance telematics risk rating process
• Figure 2.10: Web- and smartphone-based interfaces and dashboards for end-users
• Figure 2.11: Telematics strategies for insurance providers
• Figure 3.1: Allianz's top telematics markets (Q3-2025)
• Figure 3.2: Marmalade Young Driver app and tag developed by CMT
• Figure 3.3: Windscreen device and app from VHV
• Figure 4.1: Progressive's Snapshot mobile interface
• Figure 4.2: State Farm's Bluetooth-beacon enhanced smartphone app
• Figure 4.3: Growth of Allstate's UBI offer Drivewise (2011-2024)
• Figure 4.4: Travelers IntelliDrive
• Figure 5.1: Insurance telematics policies and penetration (Europe 2024-2029)
• Figure 5.2: Insurance telematics policies and penetration (North America 2024-2029)
• Figure 5.3: Distribution of insurance telematics form factors (Europe 2024-2029)
• Figure 5.4: Distribution of insurance telematics form factors (North America 2024-2029)
• Figure 5.5: Key players in the insurance telematics value chain
• Figure 5.6: Examples of telematics hardware providers serving the insurance space
• Figure 5.7: M&As in the insurance telematics space (2014-2025)
• Figure 6.1: Munic's C4 OBD-II V8 and the new C4R Max V8 dongles