In 2023, China and India had the highest share of consumers willing to automatically share information about their behavior with their insurer in exchange for better rates, at 25 and 24 percent of respondents, respectively. Switzerland was the European country where consumers were most open to this practice. Open insurance refers to the sharing of large volumes of structured data within a digital ecosystem, in order to spur the development of new and innovative insurance options to be made available for consumers.
Share of consumers willing to automatically share data about their behavior with their insurance provider in exchange for better rates globally in 2022, by country
Characteristic
2022
2023
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Statista Consumer Insights. (November 29, 2023). Share of consumers willing to automatically share data about their behavior with their insurance provider in exchange for better rates globally in 2022, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1332126/share-consumers-willing-to-automatically-share-data-with-insurer-for-better-rates-globally/
Statista Consumer Insights. "Share of consumers willing to automatically share data about their behavior with their insurance provider in exchange for better rates globally in 2022, by country." Chart. November 29, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1332126/share-consumers-willing-to-automatically-share-data-with-insurer-for-better-rates-globally/
Statista Consumer Insights. (2023). Share of consumers willing to automatically share data about their behavior with their insurance provider in exchange for better rates globally in 2022, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1332126/share-consumers-willing-to-automatically-share-data-with-insurer-for-better-rates-globally/
Statista Consumer Insights. "Share of Consumers Willing to Automatically Share Data about Their Behavior with Their Insurance Provider in Exchange for Better Rates Globally in 2022, by Country." Statista, Statista Inc., 29 Nov 2023, https://www.statista.com/statistics/1332126/share-consumers-willing-to-automatically-share-data-with-insurer-for-better-rates-globally/
Statista Consumer Insights, Share of consumers willing to automatically share data about their behavior with their insurance provider in exchange for better rates globally in 2022, by country Statista, https://www.statista.com/statistics/1332126/share-consumers-willing-to-automatically-share-data-with-insurer-for-better-rates-globally/ (last visited July 22, 2024)
Share of consumers willing to automatically share data about their behavior with their insurance provider in exchange for better rates globally in 2022, by country [Graph], Statista Consumer Insights, November 29, 2023. [Online]. Available: https://www.statista.com/statistics/1332126/share-consumers-willing-to-automatically-share-data-with-insurer-for-better-rates-globally/