Search Results

Personal-auto insurers that are at the forefront in offering usage-based insurance products will gain a significant competitive advantage in pricing and policy retention, while companies that dont offer such products may face adverse selection in the future, according to Moodys Investors Service.

Personal-auto insurers that are at the forefront in offering usage-based insurance products will gain a significant competitive advantage in pricing and policy retention, while companies that dont offer such products may face adverse selection in the future, according to Moodys Investors Service.

The growing pressure on auto insurers to support improved driver safety and to bring claims inflation and prices under control will make technology increasingly central to competitiveness, according to global professional services company Towers Watson.

The growing pressure on auto insurers to support improved driver safety and to bring claims inflation and prices under control will make technology increasingly central to competitiveness, according to global professional services company Towers Watson.

Personal auto insurance is already the most commoditized line of property/casualty insurance and is likely to become the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.

Personal auto insurance is already the most commoditized line of property & casualty insurance and is likely to becoming the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.

Personal auto insurance is already the most commoditized line of property & casualty insurance and is likely to becoming the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.

As the concept of usage-based auto insurance (UBI) becomes increasingly prevalent, global professional services company Towers Watson is working with several large insurers, and has gathered and analyzed information from thousands of vehicles throughout the United States as part of its DriveAbility service offering. DriveAbility provides analytical support for...