How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.
Verisk has been closely monitoring new-normal trends for the U.S. personal auto insurance market; there's a lot to unpack around mileage.
The cost of motor vehicle reports (MVRs) continues to climb for insurers; the latest Verisk analysis shows the nationwide average at $10.32.
The Verisk Data Exchange recognized as 2021 Company of the Year for Industry Excellence by Frost & Sullivan
Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.
Underwriting expenses can force auto and property insurers to choose between high costs that drain profitability and incomplete risk data.
Drive telematics-enabled pricing sophistication and robust risk segmentation with DrivingDNA at point-of-sale
Verisk hosted a webinar on innovative underwriting strategies to help personal and commercial auto insurers navigate change.
Recently published case studies describe the journeys of four insurers with Verisk’s innovative personal and commercial auto solutions.
Turn connected cars into a new marketing channel that supports profitable growth in personal auto insurance by using telematics information for proactive prospecting.
Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.
Auto insurers can now access driving behavior data from Hyundai through the Verisk Data Exchange to support usage-based insurance and telematics innovation.
Looking to sharpen your personal auto insurance pricing? This new method of calculating deductible relatives could help.
An insurer used Verisk's Vehicle Registration Reports solution to correct vehicle data by leveraging already available information to improve their book's data accuracy.
Verisk continues to watch personal auto insurance trends resulting from the COVID-19 pandemic and provide likely scenarios and guidance for the new normal.