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New findings from LexisNexis reveals how the COVID-19 pandemic impacted auto insurance shopping based on age group, state and shopping channel.
Telematics put insurers in the position to help address distracted driving, one of the single largest causes of auto accidents today.
Rising auto insurance prices, higher unemployment and less household discretionary income are shaping insurance-consumer shopping preferences.
Now more than ever, maintaining a tight feedback loop will be key (and the learnings relevant for years to come).
Vehicle technology transformation has created numerous challenges and opportunities in how the claims are handled.
During uncertain times, such as hurricanes and the current COVID-19 pandemic, claims adjusters need to be empathetic and transparent with claimants.
This year is when the 'future of claims' becomes a reality.
J.D. Power's David Pieffer will deliver the industry keynote at the America's Claims Executive Leadership Forum & Expo.
Insurers are actively trying to get a handle on their wildfire portfolio accumulations and gather perspective on relative risk.
With a proper understanding of AI's strengths and limitations, insurance leaders can adapt their firms to the rigors of the new data-driven landscape.
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