2023 Webinar - Beyond COVID 19, Auto Industry Impacts and Opportunities - September 21
This session will share the fundamental idea and empirical evidence for the relevancy of crash location and other dynamic information in the context of auto insurance. By curating detailed crash location data, Yiem and the TNEDICCA team have shown that this new dynamic information can help auto insurance companies improve their auto insurance territory rating, telematics pricing, and customer engagement. Key messages include: The impacts of Covid-19 continue to be felt in the market Crash data is a unique dataset that can be used to improve territory rate making
- Understand how Covid-19 impacted the industry.
- Understand how Covid-19 is still affecting the industry today.
- Understand how crash location data could improve pricing and territory rate making.
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