Automotive

Automotive Usage-based Insurance (UBI) in Europe-5, Forecast to 2028

Post-pandemic User Interest And Regional-level Competitive Intensity Will Support Market Growth

INDUSTRY
Automotive

RELEASE DATE
20-Oct-2022
REGION
Europe
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PD58-01-00-00-00
SKU
AU02419-EU-MT_27002
Yes
SHARE

Automotive Usage-based Insurance (UBI) in Europe-5, Forecast to 2028
Published on: 20-Oct-2022 | SKU: AU02419-EU-MT_27002

Need more details?

$4,950.00

$3,712.50 save 25 %

DownloadLink
Need more details?

In the post-pandemic era, the soaring trend of connected cars, users' adoption of in-vehicle connected services, and rising awareness of vehicle usage are encouraging the growth of automotive usage-based insurance (UBI) in Europe-5 countries (the United Kingdom, Germany, Italy, France, and Spain). Insurance companies' telematics adoption is revolutionizing the automotive insurance industry with relevant and innovative insurance policies for customers.

Unlike the west, the European insurance industry is driven by regional companies and significant partnerships between insurers and telematics providers, which will accelerate automotive UBI growth during the forecast period (2022-2028). A key trend observed in the European industry is the rising number of InsurTechs in the insurance domain; these companies are transforming business models and looking at new ways of data gathering and sharing with improved means of connectivity and data communication across OEMs, TSPs, and insurance providers.

This Frost & Sullivan research service analyzes the Europe-5 automotive UBI market. It provides an overview of select automotive insurance companies that provide UBI policies across these countries, including DirectLine Insurance, Allianz SE, Unipolsai Assicurazioni S.p.A, Generali, and Ergo. While Italy continues to dominate the connected insurance market in Europe, regional companies in the United Kingdom and Germany are leaving no stone unturned to bring about realistic UBI plans to suit the social shift in the post-pandemic era.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Automotive UBI Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Evolution of Automotive UBI

UBI—Hardware Variations

General and Connected Car Parameters to Address Insurance

Trends Impacting Automotive UBI

Impact of CASE on UBI

Automotive Insurance Scenario in Europe-5 Countries

Future Roadmap

Scope of Analysis

Key Competitors

Growth Drivers

Growth Restraints

Growth Metrics

Forecast Assumptions

Revenue and Unit Shipment Forecast

Revenue Forecast by Region

Unit Shipment Forecast by Region

Pricing Trends and Forecast Analysis

Competitive Environment

Europe-5 UBI Telematics Vendor Analysis

German Automotive UBI Market Analysis

Growth Metrics

Forecast Assumptions

Revenue and Unit Shipment Forecast

Case Study—HUK-Coburg

Case Study—Ergo Group

UK Automotive UBI Market Analysis

Growth Metrics

Forecast Assumptions

Revenue and Unit Shipment Forecast

Case Study—Direct Line

Case Study—ByMiles

French Automotive UBI Market Analysis

Growth Metrics

Forecast Assumptions

Revenue and Unit Shipment Forecast

Case Study—Allianz SE

Case Study—PSA Finance with AXA

Italian Automotive UBI Market Analysis

Growth Metrics

Forecast Assumptions

Revenue and Unit Shipment Forecast

Unipoltech Solution Technology

Linear Assicurazioni

Spanish Automotive UBI Market Analysis

Growth Metrics

Forecast Assumptions

Revenue and Unit Shipment Forecast

Generali Spain

Growth Opportunity 1—The Shift in UBI User Interface

Growth Opportunity 1—The Shift in UBI User Interface (continued)

Growth Opportunity 2—Next-level Insurance: ADAS and EV Policies

Growth Opportunity 2—Next-level Insurance: ADAS and EV Policies (continued)

Growth Opportunity 3—The Big Picture: Connected Lifestyle Insurance

Growth Opportunity 3—The Big Picture: Connected Lifestyle Insurance (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

Legal Disclaimer

List of Figures
  • Automotive UBI: Impact of CASE on Automotive Insurance, Europe-5, 2022–2028
  • Automotive UBI: Growth Drivers, Europe-5, 2022–2028
  • Automotive UBI: Growth Restraints, Europe-5, 2022–2028
  • Automotive UBI: Growth Metrics, Europe-5, 2021
  • Automotive UBI: Revenue and Unit Shipment Forecast, Europe-5, 2021–2028
  • Automotive UBI: Revenue Forecast by Region, Europe-5, 2021–2028
  • Automotive UBI: Unit Shipment Forecast by Region, Europe-5, 2021–2028
  • Automotive UBI: TSP Benchmarking, Europe-5, 2022
  • Automotive UBI: Growth Metrics, Germany, 2021
  • Automotive UBI: Revenue and Unit Shipment Forecast, Germany, 2021–2028
  • Automotive UBI: Growth Metrics, UK, 2021
  • Automotive UBI: Revenue and Unit Shipment Forecast, UK, 2021–2028
  • Automotive UBI: Growth Metrics, France, 2021
  • Automotive UBI: Revenue and Unit Shipment Forecast, France, 2021–2028
  • Automotive UBI: Growth Metrics, Italy, 2021
  • Automotive UBI: Revenue and Unit Shipment Forecast, Italy, 2021–2028
  • Automotive UBI: Growth Metrics, Spain, 2021
  • Automotive UBI: Revenue and Unit Shipment Forecast, Spain, 2021–2028

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Infotainment and Telematics research

23 Oct 2026   |   Global   |   Technology Research

Growth Opportunities in Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms ...

16 Oct 2026   |   Global   |   Market Research

Via Transportation: Strategic Profile, Global, 2026

Via Transportation, Inc. (Via) is a leading business-to-business (B2B) transit software and tech-enabled operations company. The company’s platform serves five segments of the global demand-response transit (DRT) market: microtransit, paratransit, school transport, corporate/campus transport, and no...

15 Oct 2026   |   Asia Pacific   |   Market Outlook

Automotive Market Opportunities, South Korea, 2026

This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous...

13 Oct 2026   |   North America   |   Frost Radar

Frost Radar™: Commercial Vehicle Telematics in North America, 2026

The North American commercial vehicle telematics market is moving from basic vehicle tracking and compliance to broader digital fleet management, creating a more competitive but also more diverse growth environment. Traditional telematics functions, such as GPS tracking, remain important, particular...

09 Oct 2026   |   Global   |   Market Research

Passenger Vehicle Hands-Free Driving Industry, Global, 2025–2032

The global passenger vehicle hands-free driving market is transitioning toward broader commercialization, driven by software-defined vehicle (SDV) architectures, AI-native perception, centralized compute platforms, and lower sensor and compute costs. The market is forecast to soar from $8.9 billion ...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.