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InsurTech weekly - Do you speak innovation?

Explore the challenges and innovations in car insurance amidst market volatility, the complexities of EV charging infrastructure, and insights from BCG's 2024 Most Innovative Companies report on bridging the innovation readiness gap. Discover strategies to navigate these evolving landscapes.

Innovate in car insurance, now

Carriers are admitting that this has been the hardest market some have ever worked through, and there’s been a lot of volatility over the last three to four years. Between drivers’ behaviors shifting in a post-COVID world, to higher spikes in frequency, elevated loss cost severity and a sustained increase of inflation, there’s extreme pressure on the sector’s technical sustainability ...

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Sizing the EV charging infrastructure

Buyers curious about making the switch to electric vehicles have made it clear in survey after survey after survey: Charging kind of freaks them out. In many ways, drivers report, owning an EV is the same if not better than owning a gas-powered car. But fueling an electric vehicle is different, and can be inconvenient depending on where you live, and is therefore sometimes scary to even those interested in buying electric.

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Learn innovation from the best in class players

Here’s a paradox. Companies have never placed a higher priority on innovation—yet they have never been as unready to deliver on their innovation aspirations. It’s a recipe for disappointment. BCG’s 2024 Most Innovative Companies report examines the readiness gap and offers perspectives on how companies can get back on track ...

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