PRISMA, Processes and Intelligence Resources at the Service of Insurance Mediation, is born, an initiative of Big Data that groups and exposes the results of different data analytics work related to the activity of the professional insurance mediation channel.
PRISMA begins its journey with the INSURANCE METER, a quarterly report that will periodically analyze the evolution of premiums in the insurance broker channel.
The # ASEGUROMETRO-Q4-2020 already provides some first relevant conclusions of the channel's activity in the 2020 financial year.
The average auto insurance premium in 2020 was € 369, 2,91% less than in 2019. Customers paid € 11 less on their #car insurance.
The average premium for motorcycle insurance in 2020 was € 166, 2,13% less than in 2019. Customers paid € 4 less for their motorcycle insurance.
The average home insurance premium in 2020 was € 237, 0,86% more than in 2019. Clients paid € 2 more on their home insurance.
The average premium for business insurance in 2020 was € 477, 1,20% less than in 2019. Customers paid € 6 less for their business insurance.
>> Download the report here INSURANCE METER-Q4-2020