Sectors that gained revenue during pandemic and forecasted to be stable post pandemic
Series 1 – Auto Insurance Companies
– Advanced Analytics Practice
- During lockdown, auto insurance companies benefited from the low number of insurance claims and expenses. Post lockdown, there is no expectation of increase in claims compared to normal periods.
- However, insurance companies that charge insurance based on miles driven (premium for pay as you drive) have faced significant reduction in revenue during the lockdown period.