J.D. Power reported 77% of auto insurance customers are either actively shopping for a new carrier or have experienced an adverse event that triggered shopping activity. Against this backdrop of rapid-fire swings in customer sentiment, J.D. Power has developed a solution to provide daily metrics on auto insurance customer shopping activity at a brand level. The new J.D. Power Auto Insurance Loyalty Indicator & Shopping Trends, fueled by SurveyMonkey Market Research Solutions, offers the industry’s most current, comprehensive view of auto insurance customer shopping behaviors at the national and state level.
Argo Environmental partnered with Spill Center Inc. Spill Center’s technology will allow clients access to emergency incident reporting, response tools and an expert compliance team. Spill Center Inc. complements Argo Environmental’s existing insurance offerings, as the tool offers policyholders 24/7 nationwide support and real-time incident reporting. Further advancing digital innovation in the industry, this tool will expedite claim settlement and provide robust data insight.
Accuity and LexisNexis Risk Solutions announced they are merging operations. Both businesses are RELX companies and leaders in their respective focus areas in the global financial crime compliance sector with complementary solutions. Accuity is part of the LexisNexis Risk Solutions group of companies. The companies operate in more than 100 countries.
Centauri Insurance acquired the renewal rights to approximately 16,700 policies across Alabama, Louisiana and South Carolina from Gulfstream Property and Casualty Insurance Company and Gulfstream Select Insurance Company. The transaction is expected to diversify Centauri’s presence as it expands to further scale the efficiency of its operations. Regulatory approvals were required in Alabama, Louisiana and South Carolina.
CORE Group partnered with ProClean, Highmark Restorations, and American Craftsman Elite as the newest Member of CORE Elite. CORE Elite is the property restoration industry’s most exclusive membership offering.
Pathpoint launched a general liability submission and instant quoting service for contractor segments, with participation from leading contractor E&S markets. Contractor-specific coverages available through Pathpoint’s web-based platform include builders, construction, carpentry, electrical work, handy people, janitors, landscapers, painters, plumbers, roofers, and subcontractors. Agents can access all of these products at no cost and with no software to download.
Aviva Plc agreed to sell its French business for 3.2 billion euros to Aema Groupe, Bloomberg reported. The deal is the largest so far in CEO Amanda Blanc’s push to streamline the U.K. insurer.
Chubb launched BLINKSM by Chubb, a brand focused on delivering easy, effortless and affordable insurance products for digitally-savvy consumers. Blink is a suite of Chubb-backed consumer insurance products that the company’s affinity and digital broker partners will be able to offer to their customers, supplementing their own products and services with relevant offerings that can deepen customer relationships and loyalty. The first Blink product, available now in 25 states, is personal cyber protection.
Related: Around the P&C insurance industry: February 17, 2021