Personalized Policies, Offered via Telematics By Matthew Zollner Increasingly, insurers can understand how and when people drive, as well as how vehicles interact with the road and their drivers.
Put Tow Professionals at Center of Claims By Rochelle Thielen Instead of relying entirely on consumers to self-report, insurers would see faster, more accurate reports if they partner with tow providers.
Home Insurance for Those Needing It Most By Rick Huckstep Sugar, a startup in South Africa, provides home insurance even for shacks costing a few hundred dollars, and without a street address.
How Will Strategies Change in 2021? By Mark Breading Changes are occurring as personal lines insurers consider the new realities of the business environment, risk landscape and workforce shifts.
Telematics Consumers Are Ready to Roll By Teresa Scharn Pete Frey Telematics solutions let customers leverage their driving data’s potential to enable discounts and operational savings.
Six Things Newsletter | December 1, 2020 By Insurance Thought Leadership In this week's Six Things, Paul Carroll ponders who is liable when a driverless car crashes. Plus, COVID-19 is no black swan; advice for early-stage startups on pricing; how AI transforms risk engineering; and more.
Who Is Liable When a Driverless Car Crashes? By Paul Carroll How should insurers think about the liability for AVs? Using history as a guide, it's possible to make reasonable guesses at some of the answers.
OnStar: Next Step for OEM Partnerships By Harry Huberty Insurers hope to create a new way to collect driving data that’s easier for the driver than installing a device or downloading an app.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.