Today, insurers have access to the most personalised information ever available about customer behaviour. This blog highlights how telematics can be used within motor and property insurance to determine risk, improve pricing and deliver optimal customer experiences.
This report from the Institute and Faculty of Actuaries and Fair By Design details how those who need insurance the most are often priced out or left out, leaving them unable to access the protection insurance provides.
With insurance evolving at an unrivalled pace, the nature, frequency and severity of risk has changed. This spotlight focuses on how insurers can adapt quickly to this new environment by leveraging smart loop analytics to make ‘brilliant’ decisions.
In the UK insurance industry, customer outcomes and pricing are under the spotlight. This eBook focuses on how insurers can prepare for the era of customer-centric insurance by addressing price walking and taking a more proactive approach to pricing to achieve a competitive edge.
Many critical functions of the insurance industry including claims, billing and underwriting have become automated and highly reliant on software solutions. To help insurers sort through the seemingly endless possibilities, this blog sheds light on the leading insurance software solutions for 2021.
The professional indemnity market is currently going through a period of rapid correction which has come at just the wrong time for businesses. This content highlights why a boom and bust pricing cycle is detrimental to customers, potential solutions to the challenges and how brokers can help.
For businesses, finding at the time of a claim that their policy will not pay out can be catastrophic. This content sheds light on why underinsurance among SMEs is a growing problem and how improving intelligent lead pricing can help SME obtain sufficient cover.
Some insurers have now started to see the potential in using geospatial property intelligence to inform risk assessment and underwriting. Using this widely-available data and technology, insurers can now quote, assess, and protect their customers in a whole new way. Read this blog to find out more.
In this article, Carrot Insurance MD Norrie Erwin discusses how the business has progressed so far, where its name comes from, and how telematics can shape the future of motor insurance.
In the second of a quarterly series in association with Post, Haynes Pro assess the influence of the vehicle insurance group rating on motor premiums, and asks whether it could be on the wane as connectivity increases.