Insights
Proactively Overcoming Auto Insurance Fraud
Insurance fraud is a problem that just won’t go away – but could that change? Although bad actors will always try to find ways to
How Tech Adoption Shifts Market Share
There are two basic ways to gain market share: through slow but steady growth and through bold moves that take advantage of major shifts in
Auto Insurance Risk Selection – The Good, the Bad, and the Ugly
Many auto insurance underwriters aim to separate good, bad, and ugly insurance risks. Theoretically, good risks are safe drivers, bad risks are dangerous drivers, and
7 Ways Insurers Can Overcome Innovation Resistance
An insurer decides to adopt a new underwriting solution that harnesses the power of machine learning. The executive team is super excited about the potential
Risk Selection Gone Wrong: The Case of the Red Corvette
For every risk, there are countless variables to weigh against the price of insurance to determine if the rate will be adequate. Unfortunately, human underwriters
The High Cost of Inaccurate Auto Insurance Underwriting
The property and casualty insurance sector doesn’t have a claims problem. It has an underwriting problem. Although high losses from severe crashes, inflated repair costs
3 Questions to Prioritize Insurtech Transformation
Insurers are embracing the technological transformation, ramping up investments as new tools become available. There’s just one issue: with so many new AI and machine
