Inflation

Finding lower premiums via online shopping may be more difficult.

Agents should stay informed of how the latest emerging trends such as technology usage and persistent inflation are impacting their client.

Non-traditional approaches to insurance that SMEs should consider to protect their businesses from new and evolving risks.

Complex car technologies holding off increases in total loss claims.

TransUnion report cites inflation, premium costs as the reason for an increased rise in shopping.

Auto-insurer Geico reported a full-year underwriting loss of almost $1.9 billion as inflation ate into margins alongside elevated claim frequency and severity.

In the short term, there are some digital capabilities that can be leverage to offer policyholders relief.

With rising inflation and interest rates is the insurance industry prepared for what's ahead?

Insurance companies that best leverage data-driven technology solutions to predict and understand the intricate morass of new risks will position themselves to succeed.

Chaz Perera, CEO of Roots Automation, writes about three trends the industry faced this year and what may happen next.