Market Research Reports, Inc. has announced the addition of “Insight Report: Technology in Action – A Roadmap for Insurance Telematics” research report to their offering. See more at- http://mrr.cm/ZKY

1. Category : Insurance
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2. Introduction to Report
 Launch Date: October 16, 2014
 Number of Pages: 39
 Geography Coverage: Global
 Available Format: PDF
Price For Single User License: USD 3,800
Price For Site User License: USD 7,600
Price For Global User License: USD 11,400
Delivery Time: Within 24 Hours (During Working
Days)
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3. About the Report
Telematics has redefined the way motor insurance
products are designed and marketed. As a
disruptive technology in the insurance industry,
insurance telematics offers huge growth potential
as well as many challenges for motor insurers.
Although insurance telematics is mostly used as a
niche product to target high-risk drivers such as
young motorists, its popularity during 2009-2013
has brought it into the mainstream of motor
insurance business.
Insurers, as well as government and vehicle
manufacturers, are promoting initiatives to make
telematics a mass-market product. Insurance
telematics is widely seen as the future of motor
insurance.
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4. Scope:
This report covers current market size and
growth potential of the global insurance telematics
market during 2013–2018
The report discusses how the global insurance
telematics market will shape up during 2013–2018
The report analyzes the use of telematics beyond
motor insurance
The report provides a comparative analysis of
key insurance telematics markets: Italy, the US
and the UK
The report provides a comparative analysis of
products offered by leading insurance telematics
providers in Italy, the US and the UK
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5. Reasons to Buy:
Gain insights into the global insurance telematics
market.
Know the growth potential of the insurance
telematics market.
Understand various factors driving the growth of
insurance telematics in the market, and key
challenges faced by insurers.
Gain insights into key insurance telematics
markets.
Gain information on various products offered by
insurance telematics providers in key markets.
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6. Key Highlights:
The estimated size of the global insurance
telematics market as of December 2013 is US$4
billion in terms of gross written premium, with 4.5
million subscribers
Italy is currently the most mature insurance
telematics market with a penetration rate of 4% at
the end of 2013
Insurers are expected to offer telematics-based
value-added services bundled with insurance
services to attract customers and differentiate
products from those of their competitors
Mandatory use of telematics in vehicles, enforced
by various governments, is expected to increase
the penetration of insurance telematics during
2013–2018
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7. Key Highlights: Continues...
Innovations in connected car systems and
automation in driving are expected to shorten the
lifespan of insurance telematics
The US, Italy and the UK are the early adopters of
insurance telematics products, and Italy is
currently the most mature market with a
penetration rate of 4% at the end of 2013.
Global sales of insurance telematics products are
projected to grow at a CAGR of 80.20% over 2013–
2018, and the subscriber base is expected to reach
85.5 million in 2018.
The growth in the insurance telematics market
over 2013–2018 is expected to be driven by
increased adoption of telematics products in the
UK, the US, and Italy.
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8. Report Coverage
1. Executive Summary
2. Roadmap for Telematics Revolution
3. Comparative Analysis of Countries
4. Growth Drivers and Challenges
5. Appendix
For more details regarding Report coverage see the last slide
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9. Company Coverage: (Partial List)
1. Progressive Corporation
2. National General Insurance
3. State Farm
4. Allstate Corporation
5. Travelers Companies
6. The Hartford
7. Esurance Insurance Services
8. Safeco Insurance
9. Nationwide Insurance
10.CSE Insurance Group
For more details regarding Report coverage see the last slide
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11. How To Buy This Report?
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