Increasing speed is becoming the norm for auto insurance quotes, driving digital transformation and data-forward strategies.
Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.
Verisk hosted a webinar on innovative underwriting strategies to help personal and commercial auto insurers navigate change.
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.
Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.
Insurers are meeting consumers in a new world of expectations set not only by their direct competitors but by retail businesses outside the insurance industry.
Competition and tight margins have driven many personal auto insurers to a sales process in which a customer may see the quoted rate change before bind.
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