Insurance EuropeInsurance Europe
Motor

Technological advances are moving fast

Motor insurance is a valuable resource that protects millions of motorists throughout Europe. Consequently, it is frequently the focus of policymakers.

The fact that the pricing of motor insurance differs between member states is often misinterpreted as a shortcoming of the single EU market. Insurance Europe engages with policymakers to reiterate the many different factors that affect the pricing of insurance policies. These include the volume and type of claims made in a particular country, as well as country-specific features that affect risk, such as the cost of medical treatment for people injured in accidents.

Meanwhile technological advances provide not only opportunities for innovation, but also ways to make road transport safer, cleaner and more efficient. For example, intelligent transport systems and telematics devices — the technology that makes vehicle-to-vehicle communications and traffic infrastructure-to-vehicle communication possible, are changing the way we travel.

Insurance Europe is supportive of innovations such as eCall, the in-car emergency system that automatically alerts emergency services in the case of an accident. It is clear, however, that such new technologies must be standardised and open-access be provided to them to ensure consumer choice and fair competition.

 

For more information, see also our Annual Report 2016-2017 article on new technologies in motor insurance.

 

Video: “A fair and competitive vehicle service industry in the digital era”

Watch “A fair and competitive vehicle service industry in the digital era”, an animation by a coalition of industry and motorist representatives.

Related statistics
Motor claims
Motor claims paid, €bnGrowth rate, %
200790.2
200894.14.3
200997.23.3
201099.42.3
201197.7-1.7
201294.7-3
201393.6-1.1
201489.8-4
201595.46.1
2016102.13.6
Colour#f78f1e#000000
url/node/4311/node/4311
Candlestick

Hover over the bars for each data point, or click on a bar to see motor claims by country data.

Notes:
Nominal €-values at current end-of-year exchange rates
Nominal %-growth at constant end-of-year exchange rates 
Figures are for Domestic Market (business written on home territory by domestic companies, including subsidiaries + 3rd country branches), unless stated otherwise 

For CZ, figures are for total market 
For DE, Gross claims expenditure is reported (i.e. claims paid plus provision for claims) and figures are for Total Market (business written on home territory by domestic companies, including subsidiaries + 3rd country branches + EU/EEA branches + FOS)
For DK and GR, 2015 figures were used for 2016
For RO, GR, and LI: Claims paid figures include Health
For HU, PT and SK, 2016 figures are Solvency II
For SI, only SZZ member companies. Branches are excluded
For UK, 2016 figures are Solvency II, they include "home-foreign" part of P&C business

Size of the sample (as % of total premiums): 99.66%

For more information, see our 2015 report on the European motor insurance markets and its 2016 addendum.

Motor premiums
TotalMotor premiums, €bnGrowth rate, %
2007126.3
2008120.8-0.5
2009119.4-2
2010122.40.9
2011126.23
20121291.3
2013126.7-0.6
2014126.3-1.1
20151312.5
2016134.13.3
Colour#f78f1e#000000
url/node/4221/node/4221
Candlestick

Hover over the bars for each data point, or click on a bar to see motor premiums by country data.

Notes:
Nominal €-values at current end-of-year exchange rates
Nominal %-growth at constant end-of-year exchange rates 
Figures are for Domestic Market (business written on home territory by domestic companies, including subsidiaries + 3rd country branches), unless stated otherwise 
For national specificities, please, see country breakdown chart
Size of the sample (as % of total premiums): 99.96%

For more information, see our 2015 report on the European motor insurance markets and its 2016 addendum.

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Contacts
Nicolas Jeanmart
Nicolas Jeanmart
Head of personal insurance, general insurance & macroeconomics
Thomas Gelin
Thomas Gelin
Policy advisor, general insurance