AAIS Views

2023 DriverScape Summary: Auto Consumer Attitude Towards UBI

May 4, 2023 / by Ash Naik posted in Issues & Trends, Telematics, Auto, Commercial Auto, Personal Auto, AAIS Views, auto insurance, UBI, Usage Based Insurance

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Personal Auto Insurance is experiencing an unprecedented transformation driven by increasing improvements in telematics. One area leading the transformation is Usage-based Insurance (UBI). While this technology has existed for more than 10 years, it is finally being accepted and adopted by insurance carriers and drivers alike in significant numbers. Fueled by the evolution of telematics, risk models, and pricing; UBI is experiencing quicker-than-anticipated growth. Carriers are presented with new opportunities and challenges unlike any ever before in this new world of technology-driven innovation.

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Advisory Report: Current Trends Affecting the Farm & Agribusiness Insurance Market

Dec 6, 2022 / by AAIS posted in Insurance, Agribusiness, Farm & Ag, Farming, AAIS Views, Insurance Market, Farmowners (FO), Agriculture

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AAIS sat down with Casey Davis, Product Manager of Farm & Agribusiness, to discuss some of the current trends affecting the Farm & Ag insurance market. She also touched on new coverages seen in this insurance space and expanded on some of the modern products offered to insurers by AAIS.

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Jarus Vice President Discusses Data Collection, Digitalization & Industry Shifts to Look For in 2023

Oct 11, 2022 / by AAIS posted in Insights, Data & Technology, Data/Tech, NAMIC, AAIS Views, Jarus Technologies, Jarus

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At the 2022 NAMIC Annual Convention, AAIS interviewed Jarus Technologies Vice President Bala Kumar and he discussed key trends that will be important for insurers to prioritize moving into 2023.

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BriteCore CMO Discusses Technology Needs, Adapting to Industry Changes, and More…

Oct 6, 2022 / by AAIS posted in Insights, Technology, Data & Technology, Data/Tech, BriteCore, NAMIC, AAIS Views

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At the 2022 NAMIC Annual Convention, AAIS interviewed BriteCore Chief Marketing Officer Amede Hungerford about current issues and trends across the insurance industry, and what insurers can expect moving into 2023.

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AM Best CEO Discusses Talent Acquisition, Inflation, and Other Industry Hot Topics…

Oct 5, 2022 / by AAIS posted in Insights, Data & Technology, Data/Tech, NAMIC, AM Best, AAIS Views

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At the 2022 NAMIC Annual Convention, AAIS sat down with AM Best President and CEO Matthew Mosher to discuss industry issues and trends, their impacts on 2023 strategies, his advice for insurers, and more.

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Pinnacle Senior Actuary Consultant Discusses Increased Use of Data & Analytics, Latest Trends, and More...

Oct 4, 2022 / by AAIS posted in Insights, Data & Technology, Data/Tech, Modeling/Actuarial, NAMIC, AAIS Views, Actuarial, PINNACLE

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At the 2022 NAMIC Annual Convention, AAIS interviewed Pinnacle Actuarial Resources Consulting Actuary Gary Wang about issues and trends currently impacting the insurance industry. He also weighed in on future strategies and shared some advice for insurers as we move into 2023.

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CARFAX Director Discusses Consumer Demands Following COVID-19

Sep 29, 2022 / by AAIS posted in Insights, COVID-19, pandemic, NAMIC, AAIS Views, CARFAX

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At the 2022 NAMIC Annual Convention, AAIS interviewed CARFAX National Sales Director Dan Hill about major trends affecting mutual insurers, their impacts on 2023 strategies, and what CARFAX is doing for insurers.

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e2Value SVP Discusses Trends, Impacts, and Shares Advice for Mutual Insurers

Sep 27, 2022 / by AAIS posted in Insights, Data, reinsurance, NAMIC, AAIS Views, E2Value

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At the 2022 NAMIC Annual Convention, AAIS interviewed Senior Vice President of e2Value Skip Coan about major insurance industry trends, their impacts, and his advice for mutual insurers.

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WAMIC President Highlights Current Trends Affecting Mutual Insurers

Sep 26, 2022 / by AAIS posted in Insights, reinsurance, NAMIC, AAIS Views, WAMIC

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At the 2022 NAMIC Annual Convention, AAIS interviewed Wisconsin Association of Mutual Insurance Companies (WAMIC) President Patrick Laws about current trends affecting mutual insurers, the impact of these trends, advice for member companies, and more.

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NAMIC CEO Addresses Industry Trends and Strategies, U.S. Elections and more

Sep 23, 2022 / by AAIS posted in Insights, Issues & Trends, reinsurance, Mutual Insurance, NAMIC, Economy, AAIS Views

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This past week NAMIC hosted over 1,790 insurance professionals at their 2022 annual convention in Dallas, Texas. AAIS interviewed NAMIC President and CEO Neil Alldredge and discussed the highlights of the 127th Convention as well as current trends and strategies for 2023, plus, what we can expect from NAMIC in the future and more.

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