Market Share of Europe Insurance Telematics Industry
There are several prominent participants in the insurance telematics business. Nearly none of the market players now hold a considerable position in terms of market share. The major competitors concentrate on growing their consumer base beyond international borders to stay on top of the industry. These businesses use strategic collaboration initiatives to expand their market share and profits. Industry players also purchase start-ups working on insurance telematics market technology to strengthen their product capabilities.
- January 2024 - OCTO is revolutionizing road safety; the OCTO solution is profoundly transformative in the user experience, proactively supporting drivers in their time of need. It does this by turning the smartphone into an active sensor for detecting severe crashes and automatically requesting assistance to reduce the impact on human life.
Europe Insurance Telematics Market Leaders
Unipolsai Assicurazioni S.P.A.
Octo Group S.P.A .
AXA S.A.
LexisNexis Risk Solutions Group
Towergate Insurance
*Disclaimer: Major Players sorted in no particular order
