Commoditization of auto and home insurance. The future trend of agent only carriers to direct writing as profit margins drop. Downturn of agent value to younger consumer as industry shifts toward emerging technologies. Social media group price models. Online consumer comparison raters and instant quote and issue with incorporated, automated digital signature technology. Telematics merging with collision avoidance systems, weather and terrain monitoring technology for real-time risk analisys and a pay per usage price model.
These are some trends and I see on the horizon. Will the age
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These are some trends and I see on the horizon. Will the age
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