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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Common Auto Insurance Industry Challenges that Personal Carriers Face
It’s extremely challenging to establish a profitable business as a carrier in the auto insurance space. Countless factors come into play when...
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How Commercial Auto Insurers Are Putting Telematics Data to Work
Auto insurance has emerged as a leading driver of inflation, contributing significantly to the rising cost of living. Over the past decade,...
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Commercial Auto Insurance Trends: The Rise in Distracted Driving, Operational Challenges and More
The commercial auto insurance industry is facing several ongoing problems that are causing some significant and costly challenges in 2023. From the...
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The Importance of Providing a Seamless Digital Experience for Auto Insurance Customers
There are countless pressures currently affecting auto insurance rates – from rising gas prices, extreme weather conditions and supply shortages to...
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Overcoming Underwriting Challenges: Hitting a “Hole-in-One” at Rate Call 1
As the insurance industry shifts to stay relative and profitable amongst growing competition and tight margins, the bar for carriers seems to be set...
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The Secret’s in the Numbers: How Top Insurers are Leveraging Data to Gain a Competitive Advantage
Customer churn can cost as much as $470 billion in premiums globally. Between rising auto insurance premiums and the need to offer a seamless...
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How Insurers Can Stay Competitive When They Can’t Compete on Price
Auto premiums have been steadily rising for years, and 2023 is shaping up to be no different. In fact, rates are projected to rise 12% in 2023...
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