Insurers: Building Trust by Protecting Consumers in the Digital Age
Document: Published
Aug 27, 2014
Share
North American consumers show a growing appetite for expanding their use of online services and mobile devices
but want more awareness and control over how their personal information can be safeguarded to protect their credit,their identities, and their overall privacy. P&C insurance companies are well positioned to be thought leaders and help consumers understand how their personal information, when exposed, can put them at risk. With risks increasing,insurers are well positioned to be a key resource in protecting consumers.
Our analysis delves into various attributes to help us gain a deeper understanding of the digital borrower compared to all other borrowers for unsecured personal loans as well as credit cards. Our data analysts also looked at borrowers, irrespective of generation, regarding information such as household income, credit score and history, open trade lines, credit utilization, and more.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Share