The LexisNexis® Insurance Demand Meter

In the latest edition of the LexisNexis® Insurance Demand Meter, a quarterly look at U.S. consumer auto insurance shopping and new business trends, policy shopping and new policy growth remained strong. While policy shopping growth decreased 3.2%, and new business growth decreased 3.6%, the annual shop rate hit a new all-time high of 47.3% of policies-in-force being shopped at least once in the previous 12 months. Market influences included increased growth in the direct channel, 66+ aged consumers exhibiting the highest growth rates for the 13th consecutive quarter and a mix of increases, decreases and neutral rate filings.

Download the report today.

About the Insurance Demand Meter

To help inform insurer business strategies tied to acquisition and retention trends, LexisNexis® Risk Solutions is pleased to offer the Insurance Demand Meter, a report based on billions of shopping transactions that compiles data on actual consumer activity to offer the most comprehensive view of shopping in the U.S. auto insurance market.

Insurance decision makers can draw on this information to benchmark their performance against macro trends pertaining to:

• Shopping rates
• Shopping volume
• New policy growth

Download the latest edition for additional analysis and the latest consumer insurance shopping trends that are impacting your business or learn more about leveraging shopping insights delivered up to 60 – 80% faster than industry averages.