-

Playback and Transcript Now Available for AM Best’s Auto Insurance Quote Manipulation Webinar

OLDWICK, N.J.--(BUSINESS WIRE)--Video playback and a transcript are now available for AM Best’s complimentary webinar, “Solving the Profitability Puzzle – Addressing Auto Insurance Quote Manipulation,” sponsored by LexisNexis Risk Solutions. Access them here.

New research suggests that up to 8% of new shopping events could be subject to auto insurance quote manipulation by individuals misrepresenting their garaging address. In this one-hour webinar, recorded on March 27, a panel of data scientists and insurance experts examine how carriers can identify garaging address mismatches to better support underwriting and profitability.

Some of the topics include:

  • How quote manipulation affects the auto insurance market.
  • How consumers manipulate auto insurance quotes.
  • The percentage of quotes that show a ZIP code mismatch, indicating potential manipulation.
  • Tell-tale signs of data discrepancy.
  • Strategies for addressing quote manipulation.
  • Tools for detecting and addressing quote manipulation.

Panelists include:

  • Jon Atteberry, director, data science, LexisNexis Risk Solutions;
  • Jennifer Kostyrna, director, product management, LexisNexis Risk Solutions; and
  • Katie Raftelis, senior product manager, driving risk violations product management team, LexisNexis Risk Solutions.

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 © 2024 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882 2102
lee.mcdonald@ambest.com

Industry:

AM Best

Release Versions
English

Contacts

Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882 2102
lee.mcdonald@ambest.com

More News From AM Best

AM Best’s 2026 Student Challenge Finalists Deliver Innovative Ideas

OLDWICK, N.J.--(BUSINESS WIRE)--Fresh insurance and risk management ideas created by finalists in AM Best’s 2026 Student Challenge are highlighted in video presentations online. The finalists and their topics are: Faiza Ahmed and Anushka Nagaraj, Temple University - Fox School of Business: Meeting the Needs of the Gig Economy Samit Bin Alam, St. John’s University - Peter J. Tobin College of Business: Monitoring AI Risk and Claims Mosharaf Khan and Molly Fitzpatrick, Rowan University - Rohrer Co...

AM Best Assigns Credit Ratings to Stronghold Insurance Company, Inc.

SINGAPORE--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B (Fair), a Long-Term Issuer Credit Rating of “bb” (Fair) and a Philippines National Scale Rating of a.PH (Excellent) to Stronghold Insurance Company, Inc. (Stronghold) (Philippines). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Stronghold’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and ma...

Best's Review Looks at the Benefits of Agent Networks

OLDWICK, N.J.--(BUSINESS WIRE)--In its March Issue, Best’s Review examines how agents are seeking to gain an edge by becoming part of an agent network. The scope of the assistance that these networks provide has grown in recent years to include services like business development, technology and ancillary advice, insurance leaders say. Like the broader insurance industry, agent networks have been boosted by the recent entrance of private equity. Read “Agent Networks Offer More Tools, Access.” An...
Back to Newsroom