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Embedded products can be key for insurance firms as it provides the chance for firms to make “material returns”.
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Mullen was speaking during his keynote address at the Guidewire Insurance Forum on 28 March 2024, held in London.
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The velocity of change in the auto insurance market is punching the accelerator. The transformation is happening as vehicles become smarter, connected and electrified—and sales of traditional, fuel-powered cars are projected to decline.
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