Using Emerging Driving Data Analytics to Price Policyholders for Maximum Profitability by IMS (Insurance & Mobility Solutions)
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Date Presented: November 1, 2023

Description:

This session delves into cutting-edge advancements in dynamic risk segmentation at the Point of Marketing and Quote. It unveils the potential of a unified, normalized driver risk score derived from connected car and mobile phone data. Expanding the utilization of driver and vehicle risk scores throughout the policyholder journey is explored. Insights from insurers harnessing these technologies in the market offer practical perspectives, emphasizing the transformative power of these innovations in refining risk assessment and underwriting practices.

Speakers:

Moderator: Geoff Werner, Managing Director, Werner Advisory

Joe Griffin, Lead Actuary, Rivian Insurance Services

Devin McLaughlin, SVP, Strategy & Marketing, LeadCloud

Adam Hudson, VP & GM - Connected and International Markets, LexisNexis

David Lukens, SVP North America, IMS (Insurance & Mobility Solutions)

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