AM Best’s Webinar Highlights: A Hard Collision With Profitability: The Impact of Current U.S. Auto Insurance Trends

OLDWICK, N.J.--(BUSINESS WIRE)--Viewers can access highlights from an AM Best webinar sponsored by LexisNexis Risk Solutions to learn about key industry trends that shaped the auto insurance market in 2022 and how insights from last year can impact business decisions today.

Panelists include:

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

The video-based interactive presentation is available here. The webinar was compiled into the following stand-alone segments:

1. Insurers Invest in Customer Claims Experience
   
2. Dynamic US Auto Market a Boon For Independent Agents
   
3. Auto Claims Patterns Differ Between Electric and Combustion Vehicles
   
4. Auto Insurance Sees Surge in Online Shopping
   
5. Insurers' Increasing Ability to Harness Data Will Speed the Auto Claims Cycle
   
6. Driver Assistance Features Emerging as an Underwriting Factor
   
7. Collision Frequency Higher for Electric Vehicles
   
8. Auto Parts Pricing a Major Driver of Claims Costs
   
9. Newer Electric Vehicle Drivers More Likely to Generate Auto Claims
   
10. Auto Carriers Looking for Significant Rate Hikes
    
11. Auto Telematics See Steady Growth

The complete video replay for this event is also available.

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.

Copyright © 2023 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.