Entering 2022, we expect insurers will focus on belt-tightening and streamlining operations through creative solutions. Verisk recently held…
Verisk
Verisk is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing…
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.
Personal auto underwriting expenses challenge many insurers to balance high costs, which can undermine profitability, and cost-cutting measures…
Wildfire behavior in 2021 has been historic amid persistent and severe drought conditions across the western United States.…
Small commercial insurers are racing to innovate within an ecosystem that supports simplified, accelerated, and accurate underwriting. Data…
A simpler consumer buying experience for pay-per-mile auto insurance awaits customers of Metromile, a leading Insurtech that’s integrating…
Usage-based insurance (UBI), once considered a fringe auto product by some, has found its way into the spotlight.…
Fast-moving markets demand agility from auto insurers seeking to compete and grow even through uncertainty. Three new Verisk…
Using an inflation-based index to update reconstruction cost estimates (RCEs) might seem to be the simplest path for…
Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according…
The record-setting statistics from 2020’s fires highlight a threat growing rapidly at the intersection of climate change, location…