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Monday, October 22 • 2:00pm - 2:45pm
Recent Trends in Mileage: An Insurance Industry Perspective

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Over the last several decades, the number of miles people drive on a daily basis has changed dramatically. At the end of the 20th century, more and more people took on long commutes, pushing average mileage up. Factors like the Great Recession of 2007, ridesharing, and a resurgence of the inner cities have had the opposite effect. Because mileage is a direct reflection of exposure to loss, insurers need to understand how vehicles are used in order to properly rate and underwrite them. This session discusses recent trends in mileage and ways insurers can use mileage to better understand the pricing and underwriting exposures they face.

Speakers
avatar for Dave Grove

Dave Grove

Vice President, Product Management, Ohio Mutual Insurance
Dave Grove joined Ohio Mutual Insurance Group in 1997 and became part of the senior management team in 2006. His responsibilities include product development for both Personal and Commercial lines, product compliance, oversight of quality control, and assisting in enterprise risk... Read More →
avatar for Don Hendriks

Don Hendriks

Actuary & Data Scientist, Carfax
Don Hendriks is a predictive modeler with over 20 years’ experience in personal lines as well as commercial and specialty lines of business. He has served the insurance industry in various roles including actuarial analyst, actuary, predictive modeler, director of pricing, and vice... Read More →
avatar for Matthew Moore

Matthew Moore

Senior Vice President, Highway Loss Data Institute
Matt Moore is senior vice president of the Highway Loss Data Institute, where he oversees HLDI's research. He also manages loss data processing, collection of vehicle information and data services for member companies.Mr. Moore joined HLDI in 1999 as a programmer. He is the author... Read More →


Monday October 22, 2018 2:00pm - 2:45pm CDT
Queen Anne Ballroom