Auto insurance

AM Best Webinar Highlights: Benchmarking Discussion: How Current and Emerging Auto Insurance Trends Will Affect Insurers’ Bottom Lines

OLDWICK, NJ–(BUSINESS WIRE)–Viewers can access highlights from a AM Best webinar sponsored by LexisNexis Risk Solutions on how auto carriers might respond to market trends.

Panelists include:

  • Adam Pichon, Vice President and General Manager, Automotive Vertical, LexisNexis Risk Solutions;

  • Ryan Hupp, Director, Product Management, LexisNexis Risk Solutions; and

  • John Ittner, Head of Analytics, Distribution Analytics Solutions, Farmers Insurance.

The interactive video presentation is available here. The webinar has been compiled into the following stand-alone segments:

  • Monitor industry news and data to find trends.

  • Insight isn’t always in the obvious places.

  • The severity of auto claims continues to deteriorate.

  • Data analysis represents 90% of the work; Communicating effectively is the other 90%.

  • Auto claims frequency could return to pre-pandemic levels in the period ahead.

  • Motor insurers see a link between the severity of claims and inflation.

  • Current Automotive Policies Take a break.

  • Behind the slide in auto insurance customer retention.

  • What the aging car population means for insurers.

  • What we observe is too often a function of what we already believe.

  • Successful auto insurers pay close attention to data and customer experience.

  • A key element of auto insurer profitability is to react quickly.

The full video replay of this event is also available now.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in more than 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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