Usage-Based Insurance: The Concept and Study of Available Analyses

Wiadomości Ubezpieczeniowe 04/2016

16 Pages Posted: 12 Oct 2017

Date Written: December 2016


Although insurance telematics may be a source of competitive advantage, the Usage-Based Insurance (UBI) is still an insufficiently explored area, especially in the context of the Polish insurance market. Accordingly, the main purpose of this paper is to facilitate a better understanding of the topic through a review and summary of selected literature and research achievements, which may prove useful in a discussion about domestic UBI.

The paper presents both the historical perspective of UBI development and a summary of the research carried out over the last decade. It discusses the advancement of UBI tariffs and the successful modification of the applicable pricing schemes as well as points to issues that may hinder the market launch of Usage-Based Insurance. Finally, it attempts to present a structured view of definitions of various terms associated with telematics-based insurance.

Keywords: insurance telematics, motor insurance, Pay-As-You-Drive (PAYD), Usage-Based Insurance (UBI), Distance-Based Insurance (DBI)

JEL Classification: D80, G22

Suggested Citation

Kuryłowicz, Łukasz, Usage-Based Insurance: The Concept and Study of Available Analyses (December 2016). Wiadomości Ubezpieczeniowe 04/2016. Available at SSRN:

Łukasz Kuryłowicz (Contact Author)

Warsaw School of Economics ( email )

Al. Niepodległości
Warsaw, 02-554

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