Auto Insurance Risk Selection FOMO
Have you ever suffered from the Fear of Missing Out (FOMO)? You’ve probably heard of this common condition, often experienced by social media scrollers who start to believe they’re missing
Have you ever suffered from the Fear of Missing Out (FOMO)? You’ve probably heard of this common condition, often experienced by social media scrollers who start to believe they’re missing
Hyper-personalization has taken off. Here are a few modern examples … What’s the Difference Between Hyper-Personalization and Segmentation? Hyper-personalization is one-to-one, while segmentation is one-to-many. Idomoo describes the difference this
The property and casualty insurance market is finally seeing some relief. As inflation has eased, underwriting performance has started improving. However, challenges remain for the auto insurance market. Although some
There’s finally a light at the end of the tunnel for the auto insurance sector. After years spent trying to regain profitability, many insurers are well-positioned to shift into growth
There’s a lot of talk about artificial intelligence (AI) in insurance, but how exactly are insurers leveraging new AI and machine learning (ML) capabilities? Whereas some of the hype may
What’s happening in auto insurance right now? Let’s take a look at 10 significant auto insurance trends impacting operations, losses, and customer satisfaction. 1. Property and Casualty Insurers Report High
AI is booming, and this may lead to a new wave of AI regulation. For insurance companies trying to refine their AI strategy, the possibility of new regulations can be
Sometimes a wait-and-see approach makes sense. Deciding whether to leverage new technologies is not one of those times. Progressive’s use of emerging AI tools is a prime example of progress
As the insurance industry delves deeper into AI, insurance professionals are encountering many new terms. However, many of these terms are not actually new. “Deep learning” is a good example.
Auto insurance policyholders are fleeing their insurers. Recent figures are both alarming and intriguing. It’s true that some auto insurers will lose customers, but most customers will go on to
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