In the latest episode of The Connected Podcast, the hosts delve into the transformative landscape of the insurance industry as it grapples with a pivotal decision akin to the choice between the red and blue pill from The Matrix. On one side, there's the stagnation of "Pilot Purgatory," where organizations dabble in isolated AI experiments. On the other, a bold leap towards the comprehensive, strategic deployment of AI, with investments exceeding $25 million annually, focusing on explainable A...
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In the latest episode of The Connected Podcast, the hosts delve into the transformative landscape of the insurance industry as it grapples with a pivotal decision akin to the choice between the red and blue pill from The Matrix. On one side, there's the stagnation of "Pilot Purgatory," where organizations dabble in isolated AI experiments. On the other, a bold leap towards the comprehensive, strategic deployment of AI, with investments exceeding $25 million annually, focusing on explainable A...
Progressive Reports Personal Auto Policies in Force Up Over 15%
The Connected Podcast
14 minutes
3 weeks ago
Progressive Reports Personal Auto Policies in Force Up Over 15%
In the latest episode of The Connected Podcast, we delve into significant developments within the insurance ecosystem. Progressive Corporation sets new records, boasting over 26 million active auto insurance policies as of September. This reflects a commendable year-over-year growth of 15.1%. Despite experiencing a slight slowdown compared to earlier peak growth, Progressive's financial performance remains robust with increased net written premiums and strong customer acquisition. Mea...
The Connected Podcast
In the latest episode of The Connected Podcast, the hosts delve into the transformative landscape of the insurance industry as it grapples with a pivotal decision akin to the choice between the red and blue pill from The Matrix. On one side, there's the stagnation of "Pilot Purgatory," where organizations dabble in isolated AI experiments. On the other, a bold leap towards the comprehensive, strategic deployment of AI, with investments exceeding $25 million annually, focusing on explainable A...