New book chapter in Economic Development and Financial Markets, Sliwinski A., Polychronidou P., Karasavvoglou A. (eds), Contributions to Economics, 2020 Springer, Cham.
Abstract
This chapter shows the possibility of introducing the usage-based insurance (UBI) for the sake of the individualisation of compulsory motor Third-Party liability insurance premiums with the aim of achieving the stability in Central and Eastern European markets and bringing them closer to the state of equilibrium. The chapter presents both the historical perspective of UBI development and the summary of the research carried out over the last decade.