This statistic displays the forecasted growth in telematics insurance policies across Europe from 2016 to 2020. Telematics insurance, otherwise known as usage based insurance (UBI) has been projected to grow ambitiously towards 2020 across Europe, with the United Kingdom (UK) 3.85 percent and Italy 3.2 percent leading the way. Overall telematics insurance policies are estimated to make up nearly 17 percent of the entire European personal lines market.
Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country
Characteristic
Rest of Europe
Russia
Rest of EU 27
UK
Italy
Germany
France
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Statista, & Milliman. (March 16, 2016). Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/888316/projected-growth-of-usage-based-insurance-policies-in-europe/
Statista, und Milliman. "Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country." Chart. March 16, 2016. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/888316/projected-growth-of-usage-based-insurance-policies-in-europe/
Statista, Milliman. (2016). Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/888316/projected-growth-of-usage-based-insurance-policies-in-europe/
Statista, and Milliman. "Projected Market Growth of Usage Based Insurance (Ubi) in Europe from 2016 to 2020, by Country." Statista, Statista Inc., 16 Mar 2016, https://www.statista.com/statistics/888316/projected-growth-of-usage-based-insurance-policies-in-europe/
Statista & Milliman, Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country Statista, https://www.statista.com/statistics/888316/projected-growth-of-usage-based-insurance-policies-in-europe/ (last visited August 25, 2024)
Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country [Graph], Statista, & Milliman, March 16, 2016. [Online]. Available: https://www.statista.com/statistics/888316/projected-growth-of-usage-based-insurance-policies-in-europe/