AM Best: Video Highlights Now Available for Webinar on Top Five Auto Insurance Trends of 2023

OLDWICK, N.J.--(BUSINESS WIRE)--
Viewers can now access highlights from the AM Best-hosted webinar, titled, “Key Insights for the Road Ahead: Top 5 Auto Insurance Trends of 2023,” sponsored by LexisNexis Risk Solutions.

In this video-based interactive presentation, viewers can learn about the significant challenges the auto insurance industry faced in 2023 due to soaring claims costs, persistent inflation and changes in consumer behavior. Insurers implemented record-high rate increases to address profitability issues, leading to an unprecedented level of consumer shopping for new policies. The industry also grappled with the impact of remote work on commuting patterns and the rise of risky driving behaviors.

The webinar was compiled into the following standalone segments:

Panelists include:

Adam Pichon, senior vice president, global insurance analytics, LexisNexis Risk Solutions; and
Tanner Sheehan, vice president & general manager, U.S. claims, LexisNexis Risk Solutions.

The complete video replay for this event is also available to view here.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.