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Brad Magick, CPCU

Brad Magick, CPCU, is an underwriting product manager for Verisk personal lines. He can be reached at brad.magick@verisk.com

Mountain Biking

7/10/2024 - 6 min read

Renewal book strategies: 4 best practices for auto profitability & CX

Personal auto insurers face substantial profitability challenges. Renewal book strategies are one of the fastest ways to recharge profits.

Yellow Stoplight Teaser

11/28/2023 - 4 min read

Auto application fraud up 18%: New approaches to help mitigate risk

Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.

Car Off The Road

11/10/2023 - 5 min read

Personal auto is off-roading: How to get back to profitability

A new Verisk analysis evaluates the personal auto insurance industry and how to get back on track using several strategies and solutions.

Non Rate Auto Insurers Teaser

3/6/2023 - 5 min read

How non-rate actions are easing personal auto profitability pressures

Verisk has seen a marked increase in insurers seeking strategic sourcing of non-rate actions to confront premium leakage in 2023.

Nonrate Action

10/3/2022 - 3 min read

Non-rate actions: Dial in profit during a hard personal auto market

Non-rate actions that don’t require a rate filing are one of the fastest ways to help with insurers’ profitability during a hard market.

Hard Market

5/5/2022 - 7 min read

Between a rock and a hard market: Solutions for personal auto

Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.

Undisclosed Drivers In Insurance Portfolios

12/6/2021 - 3 min read

Identify hidden drivers throughout the policy life cycle

Undisclosed drivers cause the most premium leakage in auto insurance, but data across the policy life cycle can help tackle the problem.

Gettyimages 1146365022 Teaser

4/14/2021 - 3 min read

Personal auto research: Application integrity down, fraud up

Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.