Auto Shopping and Switching at 2-Year High
As 40% of consumers saw their rates increase, carrier ad spending has decreased and telematics adoption has stabilized after an initial surge, according to a J.D. Power report.
Technology and Tools
Rising Auto Insurance Premiums Affect Bundle Satisfaction
The study by J.D. Power shows that the increase in auto premiums is dragging down the overall satisfaction of policyholders and hurting retention rates of bundles.
Travelers Expands Telematics Offerings with IntelliDrivePlus™
IntelliDrivePlus builds on the coverage provided by IntelliDrive® offering customers more options to personalize their insurance.
Inflation Outpacing Auto and Homeowners Premiums, Says APCIA Report
U.S. insurers are failing to raise premiums fast enough to keep up with historic rates of inflation, according to the American Property Casualty Insurance Association (APCIA).
How Telematics Can Mitigate Personal Auto Hard Market Pricing
Understand the basics of telematics, how to address privacy concerns and how this powerful tool can help clients manage policy rate increases.
Lemonade to Acquire Metromile
Lemonade will acquire auto insurer Metromile in an all-stock transaction for just over $200 million net of cash.
Customer Satisfaction Flat Despite Rebates from Auto Insurers
The main reason why customer satisfaction has stalled: Companies are missing the mark on effective communication with customers.
Telematics Provide Opportunity to Protect Pandemic’s Unlikely Heroes
During the pandemic delivery drivers emerged as essential workers to keep the U.S. economy moving. With reliance on commercial fleets increasing, business owners are willing to invest to improve safety through telematics solutions, presenting a prime grow
Why the Current Market Offers Opportunities for Agents
Today, Nationwide released results of a survey that pinpoints opportunities for agents to help strengthen and grow their business in the current environment.
Driving into 2020: What You Need to Know About Commercial Auto Telematics
Telematics and data can improve an organization’s risk profile, but only when implemented carefully. Here are three key considerations to help clients steer clear of potential downfalls.
