One-rate acquisition and quoting
Nearly a third of prospects leave the sales funnel before they're even quoted, and another 30 percent are uprated after the initial quote through the outdated process that leads to "Rate Call 2."2
LightSpeed® can help you keep more business in the pipeline with verified super-leads and a single, bindable quote.
See how simplified integration elevated digital quoting for two regional insurers, enabling nimble innovators to add seamless experiences, connected at LightSpeed®.
More data up front brings decision points forward in the workflow for better control of your underwriting and a great buying experience. When you capture the profitable customers you want, your investment can more than pay for itself.
Shifting demographics, digital expectations, and competitive forces are transforming personal auto insurance. Our Innovation Paper explores key strategies to help compete in the InsurTech revolution.
LightSpeed Personal Auto is one of the Ready for Guidewire-validated accelerators now available from Verisk in the Guidewire Marketplace.
Learn how digital agency Way.com and InsurTech Roamly leverage LightSpeed to quickly deliver quotes to customers.
Our insurance consultants can help you refine or apply business rules following your LightSpeed implementation to help ensure that you’re properly classifying risks.
Learn how LightSpeed Auto streamlines the buying process for usage-based auto insurance.
Emerging personal auto and homeowners trends have insurance leaders seeking ways to adapt nimbly, win business efficiently, and lift the customer experience (CX) while digitizing the quoting process. Watch this session to help unlock your digital transformation.
Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.Read article
Increasing speed is becoming the norm for auto insurance quotes, driving digital transformation and data-forward strategies.Read article
How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.Read article
Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.Read article
Digital transformation can play a key role in boosting the number of auto insurance customers who make a seamless journey from quote start to bind.Read article
Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.Read article