Auto Insurance Rates Are on the Rise - Here’s Why

capitalgazette | May 22, 2019

Auto insurance rates have been climbing up at a steady rate lately, and this is becoming more and more obvious to the average person. In fact, some people have started to get worried about the situation and the implications it holds for the future. And the worst part is, many of those people have a very poor understanding of the auto insurance market and how it works, and as a result have no idea what's causing these changes. Understanding the current market dynamics is important if you want to get the best deal on your own insurance, and it's even more important if you're planning any big purchases of this type in the future. You have to make sure that you can get the best deal on your future insurance plans.

Spotlight

The underwriting process is critical for insurers. But manual processes, spreadsheets, and data from disparate silos slow down the process and make audit trails a nightmare. All that means a lot of stress on systems and employees, plus a less-than-ideal customer experience.

Fortunately, it doesn’t have to be that way.

With the P&C Underwriter Workbench from Mendix and Capgemini, you can optimize and digitize underwriting, leading to efficiency, effectiveness, and increased productivity.

Connect with your core systems and data sources to make data-driven decisions. Customize every aspect to make an offering that’s uniquely yours.

Spotlight

The underwriting process is critical for insurers. But manual processes, spreadsheets, and data from disparate silos slow down the process and make audit trails a nightmare. All that means a lot of stress on systems and employees, plus a less-than-ideal customer experience.

Fortunately, it doesn’t have to be that way.

With the P&C Underwriter Workbench from Mendix and Capgemini, you can optimize and digitize underwriting, leading to efficiency, effectiveness, and increased productivity.

Connect with your core systems and data sources to make data-driven decisions. Customize every aspect to make an offering that’s uniquely yours.

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