Auto OEMs’ “unfair” structural advantage in insurance
Automotive OEM insurance has recently evolved. Despite challenges around price competition across diverse customer groups – and simultaneously across US 50 states – OEMs have been working through a range of models to merge the two sectors (insurance and automotive), with an aim to make insurance part of the car purchase journey. This analysis describes thre
The tipping point: Are automotive OEM’s finally taking the wheel on insurance?
Automotive OEM insurance has recently evolved. Despite challenges around price competition across diverse customer groups – and simultaneously across US 50 states – OEMs have been working through a range of models to merge the two sectors (insurance and automotive), with an aim to make insurance part of the car purchase journey. This analysis describes thre
10 predictions for car insurance in the next 10 years
The car insurance industry is facing probably the largest disruptions of the last decades, due to the increasing availability of data and the imminent mass-adoption of AI. Our team of experts in insurance and tech, combined with our footprint across the US and Europe, has provided us with core audience insights on this and emerging trends. This is what our 10
The future of car insurance is embedded. Why aren’t we there yet?
Strong growth opportunities, lower acquisition costs, increased salience for insurance offerings… there are many arguments for modernization.
How car apps will transform the auto industry
Car apps will become standard as part of a subscription within the next years (with basic features being free), opening up a whole new era of mobility.
Car apps: Who has the best?
In my previous post I predicted that car apps will have a similar impact on the car market as the iPhone did on the mobile phone market. In this post I will deep dive into the car apps as of today.
The next multi-billion dollar frontier for car manufacturers – hint: it’s not EVs
The next multi-billion revenue opportunity market is coming from somewhere unexpected. It’s not electric cars - front and center of every car manufacturer’s vision - it’s car apps.
What is Telematics really?
Do you consider yourself a good driver? If so, you’re in good company with more than 70 percent of German drivers. Yet only a little over 50 percent of people agree that good drivers should pay less for auto insurance than bad drivers. Surprising, isn’t it?
What’s new about ‘embedded insurance’?
How can embedded insurance make a difference? Talk about the need to vertically integrate, maximize value chain and why.
At the wheel in real time
Because more and more data can be collected individually and in real time, insurers are facing major changes. The greatest opportunities will open up in the near future for car insurers, but providers must know how to use them.