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Using data and technology at three critical customer touchpoints can help carriers underwrite risks and settle claims more effectively.
Across the country, loss costs increased 19% over the previous year.
New data-driven models can help carriers achieve more accurate and profitable policy pricing for catastrophe claims.
How touchless claims processes, drones and other emerging technologies can help insurers lower loss expenses of wide-scale natural disasters.
When insurers understand the effects of peril-related trends on loss costs, they can better manage risk and set rates.