Verisk Archives - Carrier Management

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Verisk

Verisk is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing on unique data assets and deep domain expertise in actuarial science, artificial intelligence, telematics, and insurance, Verisk helps carriers underwrite and price risks with greater precision and efficiency and manage claims more effectively across the spectrum of commercial and personal lines.

For nearly 50 years, Verisk has been a leader in developing innovative solutions and working with multiple stakeholders in the property/casualty insurance marketplace, including insurers, reinsurers, third-party administrators, agents and brokers, insurance regulators, and risk managers.

www.verisk.com/insurance

Metromile Elevates CX, Lowers Costs with Verisk’s LightSpeed Auto

A simpler consumer buying experience for pay-per-mile auto insurance awaits customers of Metromile, a leading Insurtech that's integrating Verisk's LightSpeed® Auto in its sales flow to increase ...

Steady increases continue for motor vehicle report fees

The cost of motor vehicle reports (MVRs) continues to climb, with the latest Verisk analysis revealing the nationwide average to be $10.32 as of July 2021, compared to $7.64 ten years ago. Verisk's ...

Frost & Sullivan Honors Verisk’s Telematics Platform with 2021 Company of the Year Award

We are proud to announce Frost & Sullivan, a global consulting and research firm, has named Verisk as its 2021 Company of the Year, honoring the Verisk Data Exchange™ for outstanding ...

How to get ISO Loss Costs faster

Loss costs are one of the foundational components of insurance pricing—the mortar that helps insurers set rates amidst all of the uncertainties that the world has to offer. That's why we're ...

Lumber prices continue to drive reconstruction cost increase in North America

Demand for building materials—especially lumber—and associated skilled labor is fueling an accelerating surge in reconstruction costs that began during the pandemic. According to the latest ...

Supercharging Usage-Based Insurance with DrivingDNA®

Usage-based insurance (UBI), once considered a fringe auto product by some, has found its way into the spotlight. Changes in mobility trends during the pandemic have increased consumer demand for ...

3 New Verisk Resources for Auto Insurance Underwriting Innovation

Fast-moving markets demand agility from auto insurers seeking to compete and grow even through uncertainty. Three new Verisk resources can help commercial and personal auto insurance leaders ...

Change is constant: Watch your homeowners renewals for these four reasons

Using an inflation-based index to update reconstruction cost estimates (RCEs) might seem to be the simplest path for staying current with a homeowners portfolio. But when RCEs go on autopilot, ...

More than just Prefill: Robust data and analytics are fast-tracking small commercial underwriting

Imagine that you receive a quote application from a residential remodeling company working out of a Pennsylvania town near Philadelphia who also does business across the Delaware River, in New ...

Over and above: Staying on top of homeowners roof risk

When it comes to underwriting a home's roof risk, there's only one place property insurers should be: On top of it. Figuratively, of course. From an underwriting perspective, a roof is one of the ...

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