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We share steps that commercial auto carriers can take to ensure their customers are mitigating risk throughout their ENTIRE driver population – effectively reducing loss costs and improving combined ratios.
It’s challenging to establish a profitable business as a carrier in the auto insurance space. Countless factors come into play that can either help or hinder your profits and overall success.
By implementing proactive strategies, commercial auto carriers can lower their cost of business, not to mention the costs of underwriting and risk management. Discover how carriers can achieve this by leveraging their policyholders' telematics data.
From the rise in distracted driving, reinsurance costs and customer expectations, learn how commercial auto insurance trends are still affecting the industry.
Customer loyalty is at an all-time low. With more and more policyholders shopping elsewhere for better rates, customer churn is costing carriers billions of dollars globally. How can insurers stand out from their competition? It starts with improving their customers' digital experience.
Consumers now expect effortless buying experiences across all industries, and shopping for insurance is no exception. Policyholders expect a seamless application process that segues into a quick and accurate quote – the first time, every time.
Discover how factors such as post-pandemic inflation, social inflation and the rise in claims frequency and severity are affecting commercial and personal auto carriers' loss costs.
Watch our webinar to discover how personal auto insurers are leveraging data to streamline processes, exceed customer expectations and remain profitable in a highly competitive market.
Auto premiums have been steadily rising for years, and 2023 is shaping up to be no different. How can you remain competitive in the market when you can’t promise the best deal every time?
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