Insurers Can Plug Premium Leakage with Better Data
November 1, 2011
November 1, 2011
It can be difficult to calculate the extent to which deficiencies in communication and the availability of credible data undermine insurers’ profitability. Auto insurers are acutely aware of this, as many drivers misrepresent annual mileage or fail to report life changes that affect the calculation of premium, and, by extension, the potential risk assumed by the carrier writing the policy. read more..
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