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White Paper

How Commercial Insurers Can Turn Economic Volatility Into a Competitive Opportunity

 

Learn more about the cost wave affecting commercial auto insurers and how data, regardless of economic uncertainty, can foster stability across the policyholder lifecycle.

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Insurers are paying more than $1 for every dollar of premium,

which is has led to a reported 107.2% combined ratio for commercial auto in 2024. With an unstable economy, consistent underwriting losses may continue. After reading this paper, you will:

  • Know more about the economic challenges that contribute to volatility
  • Understand how economic factors are influencing insurance outcomes 
  • Identify how data-led strategies can foster stability  
  • Empower internal teams, from Claims to Underwriting, to act effectively
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Who Should Read This White Paper

Underwriting Leadership

Senior professionals who want to deliver accurate pricing despite underwriting exposures and loss costs.

Insurance Brokers

Those who need to understand the economic landscape and present personalized data solutions for existing and new clients.

Risk Control Managers

For professionals who want to develop data solutions that proactively identify, manage and mitigate economic-related risks.

Product / Innovation Professionals

Team leaders who need solutions to replace legacy systems that enable market share and remain competitive.

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"There’s a huge opportunity with this continuous data flow that can capture inflection points in loss trends and changes in risk composition, all of which will help during times of uncertainty and volatility.”

– John Barbagallo, Special Advisor to SambaSafety