Personal Lines

96% of insurer executives see personal lines underwriting undergoing significant changes within five years – remarkable given the shifts that have already occurred.

More than six in 10 people don’t think that any discount is worth letting insurance companies collect more information about their driving habits and homes.

Faced with new challenges, including changing customer expectations and increased competition, MGAs know relationships are no longer enough to stand out.

Most property risk models rely heavily on ZIP code. Yet, technology and data exist today to evaluate more than 1,000 risk data points for every single property in the U.S.

"The Robinsons." who bundle home and car insurance, represent the crown jewel in customer lifetime value. But the segment is very much at risk.

Wellness-as-a-service models can produce great outcomes by closely integrating physical and financial wellness programs. 

Shifting distribution tactics, focusing on more personalized coverage, designing new products and partnering across industry lines can all narrow the gap. 

From tuition insurance to life, health, auto or renter’s insurance, parents and their students should get ready for the risks a school year has in store.