Kyle Krumlauf is director of industry analytics for CCC Intelligent Solutions, a cloud platform powering the P&C insurance economy, providing customers with information andinsights to help them manage their businesses. Kyle brings over 20 years of industry experience, having served in a variety of leadership and individual contributor roles at Nationwide and Grange Insurance. He has worked in claims, comparative rating, product management, competitive intelligence, commercial lines BI & Analytics, and Innovation.
Technology and climate impacts are just two of the factors that could impact the auto insurance and collision repair industries.
Here are six strategic steps carriers can take to better prepare for handling auto claims following severe weather, such as the recent Hurricane Helene.||On July 2, 2024, Hurricane Beryl became the earliest Category 5 hurricane observed in the Atlantic Ocean on record, and only the second Category 5 hurricane to occur in July since 2005. Four hurricanes have now made landfall in the U.S. this year, including last week's devastating Hurricane Helene.
Last year certainly brought its share of challenges for the insurance and automotive industries, with rising vehicle complexity, inflation and climate change impacting businesses across the board. As we adapt to these changes, new opportunities are emerging that will help us navigate these shifts.