Commercial lines

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

According to recent SMA research, half of P&C insurers state that their company is in “transformation mode.”

This dynamic and fast-paced environment presents numerous challenges to loss-control efforts, both from a technical as well as a behavioral standpoint.

Installations will be targeted at small- to mid-sized commercial customers with the goal of reducing certain risks.

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.

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

Technologies like telematics and video cameras as well as the data captured by these innovations are being used to address a profitability crisis.

LexisNexis survey provides ideas for carriers to be less overwhelmed by the journey ahead.

Innovation and digital transformation are top-of-mind for these lines of business this year, according to SMA research.