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Understanding commercial auto

机译:了解商业汽车

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摘要

The commercial auto market can be challenging and is ever evolving for customers, insurance carriers and brokers. Underperforming companies and those who do not take a proactive approach to their insurance and risk control are being left with limited and less than favorable choices. There are still effective options for stronger operators, allowing them to turn their insurance program into a competitive advantage.The market today looks different than it did in years past, and you may be wondering why solutions are limited for your operation. Here are some of the conditions that make commercial auto insurance a challenge: 1. Elevated lost activity. What is the primary reason why rates are going up? Increased losses. Willis Towers Watson reported that the median settlement for the top 50 verdicts nearly doubled over the last 4 years from $28 million in 2014 to $54 million in 2018. It has been difficult for insurance carriers to keep up with the rising loss costs that they are faced with today.
机译:商业汽车市场可能是挑战性的,对客户,保险公司和经纪人来说是不断发展的。表现不佳的公司和那些不采取积极主动的保险和风险控制的人留下有限,不到有利的选择。更强大的运营商仍有有效的选择,使他们能够将保险计划转变为竞争优势。今天的市场看起来与过去多年来的不同,您可能会想知道为什么解决方案有限于您的操作。以下是使商业汽车保险成为挑战的一些条件:1。失去的活动升高。费率上涨的主要原因是什么?增加损失。威利斯塔尔·沃森报道,50名判决中位数结算几乎在过去4年中几乎翻了一番,从2014年的2800万美元到2018年的5400万美元。保险公司难以跟上他们面临的上升成本今天。

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  • 来源
    《American cranes & transport》 |2020年第12期|44-45|共2页
  • 作者

    Dan Keenan;

  • 作者单位

    National Interstate Insurance Company based in Richfield OH;

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  • 原文格式 PDF
  • 正文语种 eng
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