OLDWICK, N.J., April 03, 2024–(BUSINESS WIRE)–Video playback and a transcript are now available for AM Best’s complimentary webinar, “Solving the Profitability Puzzle – Addressing Auto Insurance Quote Manipulation,” sponsored by LexisNexis Risk Solutions. Access them here.
New research suggests that up to 8% of new shopping events could be subject to auto insurance quote manipulation by individuals misrepresenting their garaging address. In this one-hour webinar, recorded on March 27, a panel of data scientists and insurance experts examine how carriers can identify garaging address mismatches to better support underwriting and profitability.
Some of the topics include:
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How quote manipulation affects the auto insurance market.
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How consumers manipulate auto insurance quotes.
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The percentage of quotes that show a ZIP code mismatch, indicating potential manipulation.
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Tell-tale signs of data discrepancy.
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Strategies for addressing quote manipulation.
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Tools for detecting and addressing quote manipulation.
Panelists include:
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Jon Atteberry, director, data science, LexisNexis Risk Solutions;
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Jennifer Kostyrna, director, product management, LexisNexis Risk Solutions; and
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Katie Raftelis, senior product manager, driving risk violations product management team, LexisNexis Risk Solutions.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2024 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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Contacts
Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882 2102
lee.mcdonald@ambest.com
