Advertising And Market GrowthPathmatics data shows continued push in advertising: ALL saw a 50% M/M uptick in ad impressions in October to the highest level we have seen this year and on record as far back as data goes to (2019).
Financial Performance And ValuationUnderwriting margins are expected to continue expanding, and the stock is seen as trading at a discount to its fair, intrinsic value.
Growth In Auto PoliciesAuto Policy-in-Force (PIF) growth will be driven by improved retention and better new policies through ad spending.