Source page: McKinsey & Company
Commentary
Shifting gears in auto insurance
Automotive | Financial services
November 29, 2022 – Autonomous technologies, increased connectivity, and vehicle electrification could all have a significant effect on the automotive insurance market, find senior partners Tanguy Catlin, Philipp Kampshoff, and colleagues. By 2030, $140 billion to $160 billion of the US personal-auto-insurance market could be disrupted, due to factors including improved car safety, commercial coverage for autonomous driving, and a shift in personal-lines insurance products.
To read the article, see “Connected revolution: The future of US auto insurance,” September 15, 2022.
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Visual form
Premium-pool disruption chart.
Layout / body structure
The chart is arranged as a forward-looking market-impact comparison, so the reader moves through the drivers that reshape the personal-auto-insurance premium pool by 2030. The reading order is from the total premium disruption headline into the individual forces behind it.
What is being compared
It compares the current US personal-auto-insurance premium pool with the portion expected to be disrupted by autonomous technology, connectivity, electrification, safer vehicles, and changing commercial-coverage patterns.
Measurement system
The page measures disruption in dollars, specifically the portion of the premium pool that could shift or disappear by 2030. The comparison is framed around the size of the disrupted market rather than a simple percent-only view.
Visible structure inside the graphic
The main internal pieces are the premium-pool total, the disruption range, and the category callouts or segments that attribute the change to specific automotive trends. The chart is organized to make the size of the threatened pool visible first and the sources of that shift second.
Main takeaway from the visual
The graphic shows that auto insurance is being reshaped by technology change rather than by one isolated pricing cycle. The disrupted premium pool is large enough that the market shift reads as structural, not marginal.
Key standout values or extremes
The headline number is that 140 billion to 160 billion dollars of the US personal-mobility-insurance premium pool may be disrupted by 2030. That range is the dominant value on the page.
Controls / sequence, when applicable
This is a static chart image with no in-chart controls to operate.
Companion media, when applicable
There is no separate companion audio or video; the chart image is the full visual on this page.