Distribution

Younger customers are shopping for auto insurance at twice the industry average, thanks to ease of access, says Transunion.

With both companies based in Columbus, their proximity has facilitated a close working relationship and spirit of collaboration.

The goal is to help expand business to new channels and geographies using the digital platform.

Insurers trying to reach entrepreneurs are trying more data-driven automation to speed the process.

It is possible that carriers and agents could use digital to preserve and expand their customer relationships, doing an end-around on those that would disintermediate them.

Digital platform provides pricing information for business owners, worker’s compensation, general liability policies, and professional liability lines.

John Neal said that Lloyd’s should grow in size if it successfully cuts costs and makes it easier for companies to use the market.

Founder Elon Musk has bristled for at how some Tesla customers have paid higher insurance rates, undercutting safety claims about its Autopilot system.

Automated messages will help ensure billing compliance and mitigate bad customer experiences.