100 Million UBI/Telematics Policies by 2020
Current risk mutualization model may not be sustainable, Ptolemus Consulting says; as auto insurance becomes increasingly commoditized, both insurers and insureds seek solutions.
INN Breaking News, October 29, 2013
Insurance telematics is increasingly common globally and there will be more than 100 million policies, generating more than $68 billion in premiums by 2020, according to “Usage-Based Insurance Global Study 2013,” from Ptolemus Consulting Group.
All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.