Commercial Auto

A Data-Driven Future: 2020 Auto Trends

Jun 16, 2020 / by Casey Brewer posted in Issues & Trends, Data & Technology, Insurtech, Telematics, P&C Insurers, Auto, Commercial Auto, Data Management

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The auto industry is fueling up for new technology down the road. Fully autonomous vehicles and advanced crash-data analysis will all impact not only how the industry operates, but how it is insured as well.

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Driving the Future of Auto Insurance

Jul 8, 2019 / by Casey Brewer posted in Issues & Trends, Data & Technology, Insurtech, Telematics, Auto, Commercial Auto, Innovation

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Earlier this year, AAIS surveyed insurance carriers to better understand where they believe the auto insurance market is heading and the challenges associated with the auto technology evolution. After analyzing the responses, the results were clear: change is coming, and the opportunities for AAIS to help Members stay ahead of the curve are great.

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Insuring the Ridesharing Economy...Vehicle Sharing and Telematics

Nov 29, 2017 / by Casey Brewer posted in Issues & Trends, Data & Technology, Insurtech, Telematics, New/Emerging Risks, Auto, Commercial Auto

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Shared mobility services are not only growing, they also are expanding in scope. Among these trends is the significant increase in vehicle sharing programs. A recent Frost & Sullivan report noted that approximately 7 million users were sharing roughly 112,000 vehicles in 2015 in the United States alone. These numbers are expected to grow to over 36 million users and 427,000 vehicles by 2025. Market revenues are predicted to increase to more than $16 billion within the next five to ten years.

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