New Innovation Paper: The Challenge of Auto Insurance Premium Leakage

The Challenge of Auto Insurance Premium Leakage

Personal auto insurers have at least a $29 billion annual problem: premium leakage—omitted or misstated underwriting information that leads to inaccurate rates. With profitability under intense pressure from all sides, premium leakage demands attention.

What you’ll learn:

  • Results from a Verisk-led industry survey and extensive client research analysis
  • Where the leaks are and what insurers are doing about it
  • Best practices and innovations to address premium leakage