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DUBLIN--(BUSINESS WIRE)--Dec 1, 2022--
The "Automotive Usage-based Insurance (UBI) in Europe 5 - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
This research service analyzes the Europe-5 automotive UBI market. It provides an overview of select automotive insurance companies that provide UBI policies across these countries, including DirectLine Insurance, Allianz SE, Unipolsai Assicurazioni S.p.A, Generali, and Ergo.
In the post-pandemic era, the soaring trend of connected cars, users' adoption of in-vehicle connected services, and rising awareness of vehicle usage are encouraging the growth of automotive usage-based insurance (UBI) in Europe-5 countries (the United Kingdom, Germany, Italy, France, and Spain). Insurance companies' telematics adoption is revolutionizing the automotive insurance industry with relevant and innovative insurance policies for customers.
Unlike the west, the European insurance industry is driven by regional companies and significant partnerships between insurers and telematics providers, which will accelerate automotive UBI growth during the forecast period (2022-2028).
A key 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 of data gathering and sharing with improved means of connectivity and data communication across OEMs, TSPs, and insurance providers.
While Italy continues to dominate the connected insurance market in Europe, regional companies in the United Kingdom and Germany are leaving no stone unturned to bring about realistic UBI plans to suit the social shift in the post-pandemic era.
Key Topics Covered:
1. Strategic Imperatives
2. Automotive UBI Trends and Roadmap
3. Growth Opportunity Analysis
4. Growth Opportunity Analysis - Germany
5. Growth Opportunity Analysis - The United Kingdom
6. Growth Opportunity Analysis - France
7. Growth Opportunity Analysis - Italy
8. Growth Opportunity Analysis - Spain
9. Growth Opportunity Universe
10. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/bdci9z
View source version on businesswire.com:https://www.businesswire.com/news/home/20221201005925/en/
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KEYWORD: EUROPE
INDUSTRY KEYWORD: GENERAL AUTOMOTIVE PROFESSIONAL SERVICES INSURANCE AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/01/2022 01:29 PM/DISC: 12/01/2022 01:29 PM
http://www.businesswire.com/news/home/20221201005925/en