Anthony R. O’Donnell // April 19, 2024
(Image source: Drixit, created of Spotter, which provides collision avoidance alerts.)
Underwriting a risk requires understanding it, and that understanding potentially increases along with an increase in availability of relevant data. Such an increase provided an opportunity to auto insurers during the last decade, and now a similar opportunity exists for insurers of manufacturers, according to a new Celent study, “Connecting Manufacturers to Insurers,” authored by Donald Light, Director of the Boston-based research and advisory firm’s North America Property/Casualty Practice. As with automobiles, there is a great deal of data that can—or