The Usage-Based Insurance (UBI) market, encompassing mileage-based, pay-as-you-drive, pay-how-you-drive, and reward-based insurance models, is evolving. As insurers and drivers alike recognise the advantages of personalised, data-driven policies, adoption is increasing globally.
However, UBI has seen varied success across different markets—flourishing in some regions while struggling in others. Certain insurers and telematics providers have unlocked a winning formula, while others have faced challenges. What factors drive these differences? What trends and innovations will determine the future of UBI?
PAVE Insight delivers the intelligence needed to navigate this complex landscape. Our proprietary database, tracking over 170 insurers and Telematics Service Providers (TSPs), offers exclusive insights into market performance, adoption rates, regulatory influences, and competitive dynamics.
Updated quarterly, our market intelligence equips insurers, TSPs, and mobility leaders with the data and forecasts required to optimise UBI strategies, identify growth opportunities, and stay ahead in this competitive sector.
