Improving Underwriting Accuracy: 6 Strategies to Elevate Your Outcomes
The insurance industry operates in an environment of constant change and evolving risks. One of the key challenges insurers face is ensuring...
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UBI vs. BBI: A Comparative Analysis of Usage-Based Insurance and Behavior-Based Insurance
Auto insurance has come a long way from traditional fixed premium policies. With the advent of technology, insurers have developed innovative...
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Adapting to the Digital Consumer: Accelerated Underwriting via Single-Rate Quotes
In the ever-evolving landscape of the personal auto insurance market, understanding the current state and historical evolution of consumer behavior...
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How Carriers Can Leverage Telematics Pricing Models to Transform Insurance Programs
The world of insurance is undergoing a transformation, driven by advancements in technology. Among the most notable developments is the use of...
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Charting New Routes: Insights for Commercial Auto Telematics Success
Commercial auto insurers are just beginning to tap into the power of telematics data for pricing models. Until recently, commercial fleets leveraged...
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The Rising Tide of Auto Claims Inflation and Its Impact on Premiums
The auto insurance industry has been grappling with a significant challenge – a surge in the inflation of auto claims that’s outpacing the growth of...
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Hired and Non-Owned Auto Insurance: 4 Key Considerations for Your Business
When your business relies on hired and non-owned drivers, it’s crucial to establish proper insurance coverage to protect your employees, your brand...
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Skyrocketing Loss Costs: What Keeps Auto Insurance Leaders Up at Night
The unprecedented effects of the COVID-19 pandemic are far from over. Countless industries are still struggling to maintain profitability – including...
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4 Ways Commercial Auto Carriers Can Help Policyholders Address Hired and Non-Owned Auto Liability
For years, commercial auto carriers have struggled with deteriorating combined ratios. Inadequate rates, increases in claims and social inflation...
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