two cars in front end collision and drivers standing by car looking at damage

How Technology is Helping Insurers in Rising Auto Claims Severity

Blogs

Auto insurers are feeling enormous pressure from inflation and other economic conditions playing out in the US market. Fraudulent accident claims or scams and auto thefts are rising across the US, and costs associated with insuring drivers and their vehicles are simply just getting more costly on both consumers and the insurers who protect the drivers. It makes for a perfect storm of challenges impacting the auto insurance industry.

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Digital Insurance Publishes What is the Next Data Frontier for P&C Insurance?

Editorial

Digital Insurance publishes article by Shannon Shallcross, Pinpoint’s Head of Client Services on what is the next data frontier for P&C insurance. Insurers are encouraged to innovate for the future and take advantage of the resources available to them now that can significantly improve efficiency, operations, and ultimately sustainable profitability with competitive advantage. Shannon also…

Auto Case Study: Litigation Risk Scores

Case Studies

Pinpoint Helped Identify an Additional 6% of Claimants Likely to Seek Attorney Representation Client: National Auto Insurance Insurer Line of Business: Auto Insurance Model Trained: 130,000 Claimants Use Case Focus: Claims and Litigation A national insurance carrier partnered with Pinpoint to receive Risk Scores identifying the likelihood of Third-party Claimants to seek Attorney Representation. With…

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PropertyCasualty360 Publishes Article on the Goal for the Insurance Industry

Editorial

PropertyCasualty360.com features an article by Shannon Shallcross, Head of Client Services. The article details how insurance companies are penalizing their good customers to combat their profitability problems and risk becoming subject to adverse selection. Yet advanced technologies can help insurers avoid these future concerns by taking advantage of the tools available to the industry.

Achieving Profitability and Growth with Citizens Takeout

Blogs

As of 2024, Citizens had over 1 million residential properties eligible for takeout.Given this large portfolio, there are certainly attractive policies within Citizens for insurers to assume. However, the challenge is finding the right policyholders within this book of last resort. Achieving Profitability and Growth with Citizens Takeout An emerging opportunity is unfolding in Florida…

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Pinpoint Predictive Announces Martin Ellingsworth Joins as Strategic Advisor

Announcements

Pinpoint Predictive Announces Martin Ellingsworth Joins as Strategic Advisor Pinpoint Predictive Inc, a leading risk selection platform helping P&C insurers to fast-track profitable growth, is thrilled to welcome Marty Ellingsworth to its distinguished team of Strategic Advisors. An insurance industry leader and customer centricity advocate, Marty has an impressive background creating value from data and…

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Insurance Thought Leadership Interviews Shannon Shallcross

Editorial

Pinpoint Predictive Head of Client Services, Shannon Shallcross, is interviewed by Paul Carroll, Author and Editor-in-Chief of Insurance Thought Leadership. Paul and Shannon discuss the key to innovation for the insurance industry begins with the culture. How companies need a “fail-fast” culture for long-term sustainability and profitability, and discuss the steps they can take to ensure…