A debatably fun conversation to have with a child who has received his or her popular Hess toy truck is how the total cost of vehicle ownership is far greater than the initial purchase price, and includes factors such as fuel, maintenance, and—most important to the conversation at hand—insurance coverage.
More than a year has passed since ISO Education, an online learning platform, went live. To date, more than 30 new courses have been released that offer training on a wide range of ISO products. And in that time, more than 3,000 people have enrolled in ISO Education courses.
The sources of risk for a commercial auto policy can be largely broken down into three main categories: what vehicle is being driven, how and where is it driven, and who is driving. As an industry, we’ve made great advances in determining who is driving and in understanding how and where a vehicle is driven. But how are we addressing the question of what vehicle is being driven?
Our economy is in the midst of major disruption, with technology and pressure from insurtech startups changing almost everything we do and the way our customers behave.
On September 16, an AIR damage survey team headed to southwest Florida to conduct damage surveys following Hurricane Irma’s second U.S. landfall on Marco Island.
Insurers regularly need to develop customized updates to coverage forms, but are faced with challenges because they rely on manual processes and inadequate technology.