Auto insurance is the single largest line of property/casualty insurance. It is also the most competitive. Small changes in frequency and severity can have a substantial effect in such a market, so insurers are constantly studying trends and adjusting to them. The ability to find and apply learnings from experience data is becoming a differentiator in the market. Awareness of changing motor laws and insurance coverage is also crucial. Companies need the ability to respond quickly with rate and form revisions in order to influence daily underwriting practices and claim decisions across a book of business.
Gen Re underwriting, claim and actuarial professionals monitor the small and large developments driving the personal and commercial auto insurance market. We study loss trends across layers and work with industry and company data to help you evaluate rates and terms. We also share research on auto issues directly with you and through a variety of client publications. If we can help you, please contact Deborah Colantuoni at 203 328 5409 or AskGenRe@genre.com.
If you offer Non-Standard Auto insurance, another Gen Re area of expertise, click here.
