Buying Process for Usage-Based Auto Insurance Streamlined with New Verisk Delivery Model
Auto can now be delivered in a single transaction. These platforms can work in tandem to help insurers streamline the UBI buying experience, improving speed to bind, conversion rates, and the customer experience. Modern insurance buyers value an expedited quote flow and intuitive online application process. To help insurers meet their customers’ evolving expectations, Verisk’s new solution shortens application questionnaires and allows for the calculation of UBI discounts at point of quote, without upfront driving observation periods. “Many modern UBI programs use driving behaviors as...
Source: globenewswire.com