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From proxies to precision: How to better understand risk as an auto insurer
1+ week, 6+ day ago (575+ words) The business of insurance is a business of balance. If insurers price policies too high, they risk losing customers. At the same time, if policies are priced too low, losses pile up and profitability suffers. How do insurers strike the…...
One in seven drivers could have out of date addresses on their insurance
3+ week, 4+ day ago (994+ words) ,,,, • Aviva research reveals 15% [1] of drivers surveyed don’t think they need to tell their insurer of a change of address,, • Mistakes could leave millions of UK drivers potentially uninsured,, • With more than seven in ten (71% [2] ) drivers unsure about key aspects of…...