About This Event
In this session, we will show how Covid-19 impacted driving behavior and crash trends, how these trends continue to be felt throughout the auto insurance industry, and how insurers can use new sources of data to improve profitability in a challenging market. We 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.
