Auto insurers are facing a perfect storm, driven by rising costs, supply chain issues, labor shortages — and, more recently, inflation. These factors are making it harder to maintain healthy profit margins. Tim Grant, senior director in the auto vertical market with LexisNexis Risk Solutions, joins us to discuss how insurers can win the battle against rising costs and sluggish profits. He explains the largest trends impacting profitability and how insurers can match risk to the right pricing strategy to stay competitive while securing new business and stabilizing profitability at renewal. To learn more, hit play.
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