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Presentation to NAIC, D Committee - December 2016
- 7. © ValChoice 2016
ValChoice
Founder
• Silicon Valley CEO, VP marketing and sales
• Background in mathematics & engineering
• Startup to multi-billion dollar valuation, twice
Advisors
• Founder and CEO that has built and sold data companies
• Insurance industry insiders
- 8. © ValChoice 2016
$750 billion per Year
Mandated Spending
Amount Rapidly
Increasing
The Consumer Problem
- 9. © ValChoice 2016
The Consumer Problem
2000 to 2015 Average % Change
Data source: iii.org
* Federal Reserve Board
*
- 15. © ValChoice 2016
The Solution/Service
Free for every consumer Also Available
Comparisons
Trends
Best companies
Details
- 16. © ValChoice 2016
What Customers
Are Saying
“I saved $2,781 per year on my car insurance.”
David W., New Hampshire
- 17. © ValChoice 2016
Free Reports for Every Consumer
Easy-to-understand
Help consumers make
better decisions
Promote competition
- 19. Why We Should Work
Together to Deliver
Transparency
Transparency Promotes Competition in Both
Price and Service
- 22. © ValChoice 2016
Helping in Your State
• Helping your constituents by promoting competition
o Controlling prices
o Enhancing service levels
o Minimizing claims issues
o Free service for consumers
• Working together
o Unique data analysis for early identification of trends and issues
o Hand me your business card
Editor's Notes
- Carfax sold for $1.4 billion
- Grateful for the awards and press we’ve received
- Grateful for the awards and press we’ve received