Chinese OEMs are driving a data boom. But insurers could be left behind

Chinese automakers are surging into European markets and their tech-packed, intelligent vehicles will generate vast volumes of data that insurers can monetize. Real-time data from advanced Chinese cars, especially software-defined vehicles (SDVs), will let insurers improve customer experience, integrate their offerings into thriving ecosystems, and open up new revenue streams.

Yet many insurers risk being left on the sidelines. The data will be plentiful, but accessing it isn’t going to be easy.