We have partnered with award-winning challenger consultancy Elixirr to deliver greater value for our Members through its custom-built Value Optimiser model.
As automotive insurance pricing continues to evolve, this bespoke model offers empirical insights into the applications and challenges of Thatcham Research data. Via a series of tailored surveys and workshops, Elixirr will work with leading insurance companies to provide analytics to help them retain competitive edge in a crowded market.
Data is the base of the automotive industry, with risk intelligence key to car insurance pricing and insurance claims. Focused on creating a more agile car insurance landscape via robust data and analytics, we found our vast database was being underutilised by our current members. With circa 96% of motor premiums written by a Thatcham Research insurer member, both private and commercial, the rollout of this model comes at a time when everything within automotive is changing, as evidenced by our expanding remit across automation, connectivity, repair, security and electrification.
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