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Europe Usage Based Insurance Market Will Rise enormously (CAGR of 18.6%) By 2026 | Allianz, AXA, Progressive Insurance, Allstate, Desjardins

Europe Usage Based Insurance Market trends

Data Bridge Market Research has recently added a concise research on the Europe usage based insurance market research report potentially offers plentiful insights and business solutions that will lend a hand to win the competition. While analysing market data, company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles. Business can be taken to the peak level of growth and success with the important market insights covered in this report. Europe usage based insurance market research report provides a precise analysis of existing scenario of the market, which covers several market dynamics. Each of the factors covered in this report is again researched intensely for the enhanced and actionable market insights.

As per Recent Study key players of this market are Allianz, AXA, Progressive Insurance, Allstate, Allstate Canada, Desjardins, Generali, MAPFRE, Metromile, Aviva, and so on.

Europe usage based insurance market is growing with the healthy CAGR of 18.6% in the forecast period of 2019 to 2026

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Key Market Segmentation

Region Included are: Germany, France, U.K, Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland and rest of Europe Belgium and rest of Europe.

On the basis of vehicle age, the market is segmented into new vehicles and on-road vehicles.

On the basis of package type, the market is segmented into pay-as-you-drive (PAYD), pay-how-you-drive (PHYD), and manage-how-you-drive (MHYD).

On the basis of vehicle type, the market is segmented into light-duty vehicle (LDV) and heavy-duty vehicles (HDV).

On the basis of device offering, the market is segmented into company provided and bringyour own device (BYOD).

On the basis of technology, the market is segmented into OBD-II, smartphone, embedded system, black box and others.

On the basis of electric and hybrid vehicle, the market is segmented into hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV) and battery electric vehicle (BEV).

Key Players

Allianz, AXA, Progressive Insurance, Allstate, Allstate Canada, Desjardins, Generali, MAPFRE, Metromile, Aviva, Admiral Group Plc, Ageas Group, Octo Telematics, TomTom Telematics, Liberty Mutual Insurance, Intelligent Mechatronic Systems – IMS, Mitsui Sumitomo Insurance Co. (Europe) Ltd, Watchstone Group plc, Allianz Australia, Aviva Canada, Allianz Asia Pacific, AXA Insurance Company, AXA US, Aviva Asia, AXA Italia, AXA UK, Ageas UK, Liberty Mutual Insurance Europe Limited

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Table of Contents:

Executive Summary

Scope/opportunities of the Report

Research Methodology

Market Landscape

Pipeline Analysis

Market Sizing

Porter’s Five Forces Analysis

Market Segmentation

Customer Landscape

Regional Landscape

Business Decision Framework

Drivers And Challenges

Market Key Trends

Players Landscape

Players Analysis

Appendix

Download PDF TOC at https://databridgemarketresearch.com/toc/?dbmr=europe-usage-based-insurance-market

Industry Advancements

In June 2018, Cambridge Mobile Telematics (CMT) was awarded as best auto digital insurance product award from TU-Automotive Detroi for DriveWell. This award made Cambridge Mobile Telematics (CMT) more popular which increases the overall income of the company

In November 2015, Intelligent Mechatronic Systems (IMS) was awarded for excellence in the innovative. This award made Intelligent Mechatronic Systems (IMS) more popular.

In August 2017, Cambridge Mobile Telematics (CMT) has launched powerful smartphone telematics program for commercial fleets. This launch has improved employee safety, reduce the number of accidents and claims and increase operational efficiency and performance.

In September 2017, the company was awarded as the global pioneer in telematics insurance and champion for road safety by UK insurance sector This award made company more popular which further increases the overall sells

In September 2017, the Progressive Company has introduced ELD Usage-Based Insurance Program for Commercial Truck Drivers. This launch extended the company’s service portfolio

In March 2016, TrueMotion has acquired The Canary Project. Due to this acquisition, company has application developer for developing telematics application

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