PHYD News

Study: Europe to Lead Insurance Telematics Market

The number of insurance telematics users in Europe will grow from 1.5 million in 2010 to 44 million in 2017, initially driven by the UK and Italy, according to ABI Research’s study, “Insurance Telematics.” Despite aggressive efforts from Progressive, North …

89 Million Insurance Telematics Subscribers Globally by 2017, Says ABI Research

The number of global insurance telematics users will grow at a CAGR of 90% from 1.85 million in 2010 to 89 million in 2017. Dominique Bonte, group director, telematics and navigation, comments, “While insurance telematics or usage based insurance (UBI) …