9x Growth by 2033: Telematics Will Reprice Your Book

Good morning, ! This week we’re tracking telematics’ race to a $299B market, why Insurtech’s valuation gap may be tomorrow’s opportunity, and how 84% of insurers expect growth—but only in the low-to-mid single digits.

Join 50+ advertisers who reach our 400,000 executives: Start Here.

Know someone who would love this? Pass it along—they’ll thank you later. Here’s the link.

DATA DIVE

Telematics Is Eating Auto Insurance’s Lunch

The global Usage-Based Insurance (UBI) market isn’t just growing—it’s going full Tesla-acceleration mode: from $32.1B in 2023 to a projected $299B by 2033 (CAGR: 25.5%). Leading the charge are Pay-As-You-Drive (PAYD) and Manage-How-You-Drive (MHYD), which together own 65.8% of the market. PAYD hooks urban, low-mileage drivers with mileage-based pricing, while MHYD leans into real-time coaching to prevent claims before they happen.

The remaining 34.2% sits with Pay-How-You-Drive (PHYD), where safe drivers cash in on good habits. The kicker? OEM-embedded telematics, AI risk scoring, and even ride-hailing insurance baked into apps are turning what was once a niche perk into the industry’s next default setting. If you’re still pricing auto risk like it’s 1999, your underwriting model may be headed for the scrap heap.

Read the Full Report HERE

TREND OF THE WEEK

Growth—But Keep Expectations in Check

According to KPMG, 84% of insurance organizations expect earnings growth over the next three years—but the vast majority are bracing for modest gains. Nearly half (44%) forecast annual growth between 2.5%–4.9%, while another 40% see even slower expansion at 0.01%–2.49%.

Only 15% of respondents anticipate breaking the 5%+ growth barrier, and a mere 1% are betting on 20%+ annual gains. In other words, the sector’s growth story is one of steady, incremental advances rather than explosive jumps.

Why it matters: Low-to-mid single-digit earnings expectations signal that carriers are planning around persistent headwinds—sluggish premium growth, capital market uncertainty, and higher claims costs—rather than betting on macro tailwinds or disruptive breakthroughs. For investors and strategics, it suggests a continued focus on cost discipline, operational efficiency, and selective growth bets rather than aggressive expansion. (More)

PRESENTED BY ELITE TRADE CLUB

What Every Investor Reads Before the Bell

Every morning, Elitetrade.club delivers fast, smart, no-fluff market insights straight to your inbox. Join thousands of investors who don’t miss a beat.

Click Here to Join Now

MICROSURVEY

Opening this new section and given macroeconomic uncertainty, in Insurance150 we are interested to know what the M&A landscape will look like in the next two years.

INSURTECH CORNER

Mind the Gap: Insurtech’s Valuation Catch-Up Game

While Fintech stocks have multiplied 17x, Agritech 11.5x, and Healthtech 5.5x, Insurtech is still jogging far behind in market multiples. But don’t mistake today’s gap for a permanent disadvantage. Adoption curves are steepening, AI-powered underwriting is becoming table stakes, and embedded insurance is slipping into customer journeys almost invisibly. Players like Lemonade are showing that disciplined growth can coexist with investor confidence. If momentum holds, Insurtech’s current valuation discount could be tomorrow’s arbitrage opportunity—especially as adjacent, stable industries continue to prop up its long-term growth potential. (More)

DEAL OF THE WEEK

Highstreet’s Capital Stack Just Got Taller

Highstreet Insurance Partners just added a casual $550 million to its war chest via a delayed draw term loan led by Ares Capital. The upsized deal (initial ask: $500M) reflects strong investor demand for Highstreet’s acquisition-hungry model. Founded in 2018, the Michigan-based aggregator has grown fast by mixing local integration with national platform scaling. This fresh capital will fuel more M&A, bolster tech infrastructure, and further Highstreet’s bid to become the community-focused powerhouse in retail brokerage. Translation: local agents, national backing, and now, an even bigger budget. (More)

TOGETHER WITH PLAYERS TV

Invest Alongside Kyrie Irving and Travis Kelce

A new media network is giving pro athletes ownership of their content…and they’re inviting fans, too.

That network is PlayersTV.

It’s the first sports media company backed by over 50 legendary athletes including:

• Kyrie Irving

• Chris Paul

• Dwyane Wade

• Travis Kelce

• Ken Griffey Jr.

• And more

PlayersTV is a platform where athletes can tell their own stories, show fans more of who they really are, and connect in a whole new way.

And here’s the kicker: It’s not just athlete-owned—it’s fan-owned, too.

PlayersTV has the potential to reach 300M+ homes and devices through platforms like Amazon, Samsung, and Sling.

And for a limited time, you can invest and become an owner alongside the athletes.

2,200+ fan-investors are already backing PlayersTV. Want in?

I’m Ready to Invest

_{This is a paid advertisement for PlayersTV Regulation CF offering. Please read the offering circular at https://invest.playerstv.com/}

MACROECONOMICS

U.S. Goldfinger: Trump’s Swiss Tariff Twist Hits Global Nerve

Trump’s surprise 39% tariff on Swiss imports — including nonmonetary gold — has jolted markets and hit America’s luxury habit where it hurts. Switzerland, already a $38.3B trade surplus partner, saw negotiations veer from a presumed 10% levy to full-on tariff warfare after a call went wrong with President Keller-Sutter. The fallout? Gold prices shot past $3,385/oz, up 30% since December, driven by safe-haven demand and now turbocharged by a tariff-fueled supply shock. Meanwhile, Swiss GDP may contract 0.6%, and thousands of jobs hang in the balance as Swatch, Lindt, and Rolex brace for American sticker shock. (More)

INTERESTING ARTICLES

TWEET OF THE WEEK

"Success is not how high you have climbed, but how you make a positive difference to the world."

Roy T. Bennett