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Usage-Based Insurance Projected to Grow to 142 Million Subscribers Globally by 2023

May 13, 2016 By CollisionWeek Editor

In 2015, close to 12 million consumers globally subscribed to this type of insurance, according to a new report from IHS Automotive, part of IHS, Inc. (NYSE:IHS). The number of consumer subscribers to UBI is expected to grow to 142 million globally by 2023, according to the IHS report. This specific type of automobile insurance […]

Filed Under: News Tagged With: Usage-Based Insurance

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