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For commercial insurers keen on maintaining a competitive edge, understanding and effectively leveraging telematics aggregation is a strategic move that can reshape the landscape of risk management and policy customization. We explore the challenges insurers have found in using telematics data and how using aggregated data helps solve the problem.
With the increase in driver risk and the growing threat of nuclear verdicts year after year, it's even more important for trucking companies to proactively protect their drivers, brand and bottom line. Here's how you can get ahead of a crisis.
The commercial insurance landscape is constantly evolving, shaped by technological advancements, regulatory shifts, and global events. These are the three major auto insurance trends that commercial insurers should keep top of mind going into 2024.
While many policyholders are shopping around with the hope of landing lower insurance rates, this solution may not be beneficial in the long term. The answer instead lies in companies' ability to gain control of their risk.
How can insurance carriers ensure underwriting accuracy while staying up to date with the latest industry trends and developments? In this blog post, we will explore six strategies that insurers can implement to improve their underwriting accuracy and enhance their overall operations.
What's the difference between usage-based insurance behavior-based insurance? Read on to discover which model is the best fit for your business.
In today's digital market, consumers expect instant results no matter what they're shopping for. Accelerated underwriting with one-rate acquisitions could be carriers' ticket to long-term success. Here's how.
With the right data, Behavior-Based Insurance (BBI) programs can enhance risk assessment accuracy and promote safer driving practices across fleets. Here's how carriers can leverage telematics pricing models to better personalize these programs.
When leveraged correctly, commercial auto telematics data can transform your approach to insurance pricing models. These four techniques will help you stay competitive in an increasingly complex market.
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