Business team collaborating on project Designing auto insurance is much more complicated than designing the auto itself. (Photo: iStock)

If you're an up-and-coming automobile manufacturer (or InsurTech) looking to break into the auto insurance space, you may want to read this. Insurance isn't like manufacturing, it's not like retail, it's not like banking, it's not like anything else. But if you know a few things about the industry beforehand, you can save yourself a lot of grief later on.

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