The extent of the challenge that home insurance providers confront in pricing insurance accurately and reducing exposure to fraud has been revealed in a study of over 3,000 UK homeowners and renters by LexisNexis® Risk Solutions, […]
A new report from The Conference Board, Consumer Behaviors and Business Opportunities in the COVID-19 Era, maps the convergence—and divergence—of three key trends. First, a year of shutdowns and job losses has sparked a renewed focus on frugality, […]
Drivers have spent £25.6 billion less on vehicle expenses since the start of lockdown in March 2020, reveals new research from Direct Line Motor Insurance. As restrictions and changes to working patterns have reduced the […]
Homeowners across the country have seen a 1.2% drop in in average home insurance premiums thanks to a reduction in break-ins and water damage claims resulting from the Government’s stay-at-home directive, analysis from acclaimed insight […]
As more insurance risk is being calculated by data, will the NCD be replaced by a customer ID in the future? As data is gathered from customers, and third party sources, then crunched via algorithm […]
Veylinx, the first and only behavioral insights platform that uses skin-in-the-game to predict consumer purchase behavior, announces to have raised $2 million in a pre-Series A investment led by venture capital firm Dutch Founders Fund. […]
Are UK drivers ready to let go of the steering wheel and embrace self-driving cars? Hmmm maybe not. In 2020 the British government launched a consultation that could lead to driverless cars being legal on […]
New research released by Solera Holdings, Inc. (“Solera”), a global leader in data, applications and services for the insurance and automotive industries, found that more than three quarters (76%) of consumers trust automotive claims driven […]
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