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Our Methodology
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Learn More →Spotlight
Usage-Based Insurance
How US Insurers Can Capture the Growing Demand for Data-Driven Products
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Table of Contents
Executive Summary
Competitive Pressures Highlight Need to Turbocharge UBI Offerings
Insurers Need a Strong UBI Play
How Insurers Can Stand Out in the UBI Arena
Insider Intelligence Interviews
Read Next
Sources
Media Gallery
About This Report
Usage-based insurance (UBI) products appeal to consumers who prefer customized services, and their success is attracting droves of new entrants to the UBI arena.
Table of Contents
Executive Summary
Competitive Pressures Highlight Need to Turbocharge UBI Offerings
Insurers Need a Strong UBI Play
How Insurers Can Stand Out in the UBI Arena
Insider Intelligence Interviews
Read Next
Sources
Media Gallery
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KEY STAT: We expect the number of UBI drivers in the US to triple between 2019 and 2023, underscoring a significant opportunity for usage-based insurance players.
US Usage-Based Insurance Drivers, 2019-2023 (millions and % of insured drivers)
US Embedded Systems Connected Car Drivers, 2021-2025 (millions and % of licensed drivers)
authors
Eleni Digalaki
Contributors
- Tyler Brown
- Senior Analyst
- Caitlin Cahalan
- Researcher, Financial Services
- Zach Goldner
- Junior Forecasting Analyst
- Oscar Orozco
- Director, Forecasting
- Michael Tattersall
- Analyst
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