Usage-Based Insurance: A High-Value, Mass-Market Product

19 December 2017
Report type: Application Spotlight
Author(s): Andy Castonguay - Principal Analyst, Jonathan Davenport, Margaret Ranken
Keywords: M2M, machine-to-machine, IoT, Internet of Things, vehicle platform, usage-based insurance, UBI, telematics, pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), OEMs, green technology, privacy, diagnostics, roadside assistance, stolen vehicle recovery, OBD2
Companies: HP, Inc., LexisNexis, Mitsubishi, Nissan, Renault
Number of Pages: 9

This Application Spotlight looks at usage-based insurance solutions, an IoT category that utilizes telematics devices to understand a driver's behavior. This document helps technology strategic planners understand the market drivers and potential growth inhibitors of these solutions.

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