Commercial auto insurers travel a difficult road
Commercial auto insurance has been unprofitable for more than a decade.
During the same period, insurers have felt the impact of more than $30 billion of social inflation and riskier driving behavior. Yet while the industry overall continues to lose money, some carriers consistently write business profitably. It’s not luck; many of these companies have invested in data and analytics that give them a competitive advantage and help avoid adverse selection.
A new Verisk white paper explores four strategies to modernize for the long haul. Download our white paper to learn more about:
- 4 strategies to improve commercial auto profitability
- Analytic approaches and innovative tools
- Best practices, case studies, and lessons from industry leaders
