In this episode of the Expert Perspectives podcast, sponsored by SambaSafety and hosted on Propertycasualty360.com, we'll hear highlights from the May 13th presentation titled, The Benefits of a "Data First" Business Approach in Uncertain Times.
While it's too early to predict the long-term impact of the current economic downturn, trends are starting to emerge that would indicate paradigm shifts in insurance shopping, distribution channels and additional competitive risks. Companies that fare best during a recession are those who take steps to prepare, consider long-term implications and focus on maintaining growth and profitability through a recession. Matt Wiley, Channel Development & Alliance Management Lead at Equifax Insurance Solutions, and Michele Cook, Principal Product Manager at SambaSafety, address how organizations should respond to the current economic and social climate and leverage data to maintain and increase profitability.
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