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The world has changed in a couple of short months. In this white paper we cover what insurers should consider to be competitive in a world that may have more impromptu quarantines and unexpected disruptions to business, entertainment, and travel. The insurance industry has adapted before in major ways, it is time we do it again. In this report, we dive into how.
Despite many exciting innovations and advancements in mobility technology and business models, insurance remains pretty much the same. Rather than responding with new commensurate innovations, insurance solutions that have existed for decades are shoehorned with minimal adaptation to meet minimum requirements, often leaving coverage gaps. There is no doubt that mobility is changing, and insurers will need to shift their response beyond tweaking legacy offerings. In this report, we dive into our view of the future of mobility insurance.