表紙
市場調査レポート

稼働中の技術:自動車保険テレマティクスへのロードマップ

Insight Report: Technology in Action - A Roadmap for Insurance Telematics

発行 Timetric 商品コード 316474
出版日 ページ情報 英文 39 Pages
即納可能
価格
本日の銀行送金レート: 1USD=106.12円で換算しております。
Back to Top
稼働中の技術:自動車保険テレマティクスへのロードマップ Insight Report: Technology in Action - A Roadmap for Insurance Telematics
出版日: 2014年10月16日 ページ情報: 英文 39 Pages
概要

自動車のテレマティクス機能と自動車保険市場とをむすびつけて、運転態度に応じた保険料設定やカスタマーエクスペリエンスの完全を図る、という自動車保険テレマティクスは、自動車保険市場を大きく変化させる要因となっています。最初は若年層の高リスクドライバー向けのニッチ市場でしたが、各国政府や自動車メーカーの支援を受けて、今後大きく成長する可能性を秘めています。市場はまだ初期段階にありますが、米国・英国・イタリアでは比較的に普及が進み、イタリアでは2013年末に4%の普及率を達成しました。また、2013〜2018年の年平均成長率(CAGR)は80.20%にも多すると予想されています。当初は料金割引が有力な普及手段ですが、今後は各種の付加価値サービスの提供(運転指導、自動緊急発信など)が市場成長の鍵となるでしょう。各国政府による加入義務の導入などが今後の市場成長を促進する、と期待されていますが、コネクテッドカーや自動運転といった破壊的な技術革新(イノベーション)に関する諸課題の解決が将来的な課題となっています。

当レポートでは、全世界の自動車保険テレマティクス(insurance telematics)市場について分析し、今後の市場・技術の発展見通しや、各国での普及状況と今後の見通し、主要国市場の詳細分析、市場促進・阻害要因、主要企業が現在提供している商品の詳細、といった情報をお届けいたします。

第1章 エグゼクティブ・サマリー

第2章 テレマティクス革命へのロードマップ

  • 世界各国での自動車保険テレマティクスの導入状況
  • 市場規模と成長可能性
    • 自動車保険市場
    • 自動車保険テレマティクス市場
  • 自動車保険以外へのテレマティクスの適用
    • 付加価値サービスの提供
    • 火災保険向けテレマティクス
  • 自動車保険テレマティクスのイノベーション

第3章 各国市場の比較分析

  • 米国
  • 英国
  • イタリア
  • 他の国々での導入状況

第4章 成長促進要因と課題

  • 成長促進要因
    • 運用コストの軽減
    • スマートフォンの普及とアプリ
    • 関連規制の望ましい発展
    • 保険企業にとっての利点
    • 顧客にとっての利点
  • 課題
    • データ収集・解析
    • 消費者需要の創出
    • プライバシーの問題
    • 技術革新

第5章 付録

図表一覧

目次
Product Code: IS0798MR

The report covers in-depth analysis of the insurance telematics market, and provides:

  • A roadmap for the growth and development of insurance telematics during 2013-2018
  • Details of trends and developments in the insurance telematics market around the world
  • Insights into key insurance telematics markets
  • Detailed analysis of various growth drivers and challenges
  • Details of products offered by leading insurance telematics providers in key markets

Summary

Telematics has redefined the way motor insurance products are designed and marketed. As a disruptive technology in the insurance industry, insurance telematics offers huge growth potential as well as many challenges for motor insurers. It has brought the pricing of motor insurance to the discretion of customers, redefining the customer experience. Although insurance telematics is mostly used as a niche product to target high-risk drivers such as young motorists, its popularity during 2009-2013 has brought it into the mainstream of motor insurance business. Insurers, as well as government and vehicle manufacturers, are promoting initiatives to make telematics a mass-market product. Insurance telematics is widely seen as the future of motor insurance.

Demand for insurance telematics expected to soar over 2013-2018

The insurance telematics market is in a nascent stage. The US, Italy and the UK are the early adopters of insurance telematics products, and Italy is currently the most mature market with a penetration rate of 4% at the end of 2013. The estimated global sale of insurance telematics products increased to 4.5 million as of December 2013, with an estimated market size of US$4 billion in terms of gross written premium. The potential of telematics technology to offer a win-win business relation between insurer and policyholder is driving rapid growth of insurance telematics products in the European and US markets. Global sales of insurance telematics products are projected to grow at a CAGR of 80.20% over 2013-2018, and the subscriber base is expected to reach 85.5 million in 2018. The growth in the insurance telematics market over 2013-2018 is expected to be driven by increased adoption of telematics products in the UK, the US, and Italy.

Value-added services expected to define the future insurance telematics offerings

Initial growth in the insurance telematics market will be mostly driven by price discount models. However, with growth in the market and mass adoption of insurance telematics over 2013-2018, price discounts will no longer be helpful in differentiating insurance telematics products. In countries where premium rates and profit margins are low, insurers will not be able to offer great discounts on usage-based insurance products. Insurers are expected to offer telematics-based value-added services for a minimal fee, or free of charge, to attract customers and differentiate products from those of their competitors. Key value-added services that can packaged with insurance telematics products include provision of driving feedback and professional driving instructions, automatic eCall (alert call to emergency services in case of vehicle collision) and bCall (breakdown call) facilities, roadside assistance, emergency services, theft-tracking, remote vehicle monitoring and diagnostic services, traffic and navigation services, fleet management, and infotainment services.

Government initiatives to mandate the use of telematics expected to fuel growth of insurance telematics

Concerns over road safety and increasing rates of auto theft have forced governments in Europe, the US, Brazil and Russia to take initiatives to make it mandatory for vehicle manufacturers to equip vehicles with factory-fitted telematics devices.

Key initiatives include the eCall initiatives in Europe, the Contran 245 legislation in Brazil, mandatory event data recorder legislation in the US, and the Era-Glonass projects in Russia. The European Commission's eCall initiative, which is expected to be implemented across Europe by the end of 2017 or early 2018, will make it mandatory to provide the telematics-based eCall system in all passenger cars and light commercial vehicles. Similar to eCall are the Era-Glonass projects in Russia, where the government made it mandatory for all cars built in Russia to be equipped with the Era-Glonass satellite tracking system by January 2017. Both initiatives are taken to improve road safety and provide immediate emergency services in emergency situations or serious traffic accidents.

In the US, it has been made mandatory to equip event data recorder systems in all new cars, light trucks, vans and SUVs sold in the US from September 1, 2014 to improve road safety in the country. However, the Mario Monti legislation in Italy and the Contran 245 legislation in Brazil have been introduced primarily to address the very high rate of auto theft. The Mario Monti legislation came into effect in June 2012, whereas the Contran 245 is expected to be implemented from January 1, 2016. Insurers can use the mass adoption of telematics technology to offer low-cost insurance telematics products in the respective countries.

Disruptive technological innovations the biggest challenge for insurance telematics

Technological innovations in the field of connected car systems and automation in driving are expected to revolutionize driving in the future. Vehicle manufacturers and technology providers have collaborated to develop and manufacture self-driven or driverless vehicles; companies such as Google, Volvo, General Motors, Mercedes Benz, Audi, Ford, BMW, Volkswagen, Toyota and Nissan are investing in driverless car technology. The technology is primarily aimed to increase road safety and reduce the rate of traffic accidents.

Google claims to reduce the rate of traffic accidents by 90% with its driverless car technology, and Volvo claims that it will provide an accident-free driving experience with its new cars by 2020. Drivers' roles in driving these cars are expected to be very limited, or even non-existent, leaving little scope for insurers to track driving behavior and, therefore, making telematics redundant. However, driverless technology is still in a development phase, and it will take around two decades for driverless cars to come to the mainstream of the automobile industry and have a significant impact on insurance and telematics.

Scope

  • This report covers current market size and growth potential of the global insurance telematics market during 2013-2018
  • The report discusses how the global insurance telematics market will shape up during 2013-2018
  • The report analyzes the use of telematics beyond motor insurance
  • The report provides a comparative analysis of key insurance telematics markets: Italy, the US and the UK
  • The report provides a comparative analysis of products offered by leading insurance telematics providers in Italy, the US and the UK

Reasons To Buy

  • Gain insights into the global insurance telematics market.
  • Know the growth potential of the insurance telematics market.
  • Understand various factors driving the growth of insurance telematics in the market, and key challenges faced by insurers.
  • Gain insights into key insurance telematics markets.
  • Gain information on various products offered by insurance telematics providers in key markets.

Table of Contents

1. Executive Summary

2. Roadmap for Telematics Revolution

  • 2.1. Global Adoption of Insurance Telematics
  • 2.2. Market Size and Growth Potential
    • 2.2.1. Motor insurance market
    • 2.2.2. Insurance telematics markets
  • 2.3. Telematics Beyond Motor Insurance
    • 2.3.1. Provision of value-added services
    • 2.3.2. Telematics in home insurance
  • 2.4. Innovations in Insurance Telematics

3. Comparative Analysis of Countries

  • 3.1. The US
  • 3.2. The UK
  • 3.3. Italy
  • 3.4. Adoption in Other Markets

4. Growth Drivers and Challenges

  • 4.1. Growth Drivers
    • 4.1.1. Decreasing costs of operation
    • 4.1.2. Smartphone penetration and apps
    • 4.1.3. Favorable regulatory developments
    • 4.1.4. Benefits for insurers
    • 4.1.5. Benefits for customers
  • 4.2. Challenges
    • 4.2.1. Data collection and analysis
    • 4.2.2. Generating consumer demand
    • 4.2.3. Privacy issue
    • 4.2.4. Technological innovations

5. Appendix

  • 5.1. Methodology
  • 5.2. Contact Timetric
  • 5.3. About Timetric
  • 5.4. Timetric's Services
  • 5.5. Disclaimer

List of Tables

  • Table 1: Insurance Industry Definitions
  • Table 2: Motor Insurance - Gross Written Premium, Gross Claims and Loss Ratios in Key World Markets, 2013
  • Table 3: Valued-Added Services Offered through Insurance Telematics Platforms
  • Table 4: Usage-Based Insurance Products in the US
  • Table 5: Usage-Based Insurance Products in the UK
  • Table 6: Usage-Based Insurance Products in Italy
  • Table 7: Insurance Telematics - Benefits for Insurers
  • Table 8: Insurance Telematics - Benefits for Policyholders

List of Figures

  • Figure 1: Adoption of Insurance Telematics in Key Countries, June 2014
  • Figure 2: Global Motor Insurance Gross Written Premium, 2009-2018
  • Figure 3: Number of Insurance Telematics Subscribers in the UK, 2009-2013
  • Figure 4: Insurance Telematics - Key Growth Drivers
  • Figure 5: Global Smartphone Subscriptions, 2013-2018
  • Figure 6: Insurance Telematics - Key Challenges
Back to Top