Verisk - insurance solutions

Verisk - insurance solutions Verisk Insurance Solutions is a leading source of information about property/casualty insurance risk

Verisk Insurance Solutions is a leading source of information about property/casualty insurance risk. To serve our clients, we draw upon our vast experience in data management and our expertise in predictive modeling. We analyze data and present information in formats our customers can use. And we develop practical tools that integrate into our customers’ workflow. In the United States and around

the world, our products help customers protect people, property, and financial assets. Verisk Insurance Solutions operates through units that offer risk-assessment services and decision analytics to professionals in many disciplines throughout the property/casualty insurance industry.

Just as there’s no such thing as a single U.S. small-commercial market, there’s no one-size-fits-all approach to profita...
12/20/2018

Just as there’s no such thing as a single U.S. small-commercial market, there’s no one-size-fits-all approach to profitable growth.
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There’s no such thing as a U.S. small-commercial market. State-by-state regulation and regional and local business dynamics have led to the development of at least 50 distinct insurance markets in the United States, of which small commercial is only one segment.

Many Insurers use ratings as a measure of the of fire losses in a community, an important item to consider when dete...
12/18/2018

Many Insurers use ratings as a measure of the of fire losses in a community, an important item to consider when determining premiums for property insurance.
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ISO’s Community Hazard Mitigation works closely with fire departments and communities through our Public Protection Classification (PPC®) program, which develops classification of community fire suppression capabilities on a scale of 1 (exemplary) to 10. Many Insurers use PPC ratings as a measure...

Our innovation has led to new workflow solutions along with a recognition award from Insurance Nexus announcing that we ...
12/14/2018

Our innovation has led to new workflow solutions along with a recognition award from Insurance Nexus announcing that we have been named People's Choice Innovation Vendor of the Year.
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Insurance Nexus, a global provider of insights and events for the insurance industry, has named Verisk as its People’s Choice Innovation Vendor of the Year. The award recognizes Verisk as the solution-provider that has demonstrated exceptional innovation within insurance over the past year.

There have been 11 catastrophes in December during the past decade. Two of those were winter storms, six were wind and t...
12/13/2018

There have been 11 catastrophes in December during the past decade. Two of those were winter storms, six were wind and thunderstorm events, and three were wildland fires.
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As the Atlantic hurricane season comes to an end, we look to December and examine historical catastrophe trends for the month.

ADAS rating groups and features can be divided into four groups based on the technology's interaction with the vehicle a...
12/12/2018

ADAS rating groups and features can be divided into four groups based on the technology's interaction with the vehicle and the driver.
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Many insurers are asking themselves how newer advanced driver assistance systems (ADAS) affect vehicle risk as they seek to improve rating segmentation and better align premium with risk. Will these systems decrease accident frequency? Will severity increase as damage to advanced sensors drives up r...

Discover how ProMetrix® can offer solutions that are fast, efficient, and supported, but flexible enough to handle each ...
12/11/2018

Discover how ProMetrix® can offer solutions that are fast, efficient, and supported, but flexible enough to handle each customer’s specific needs.
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The implementation of new products or services can be challenging for customers. We’ve been on both sides of the equation, and we’ve drawn from that experience to develop some best practices for onboarding.

Hidden within the sea of tweets, snaps, and posts sent on social platforms is valuable information for the process.L...
12/04/2018

Hidden within the sea of tweets, snaps, and posts sent on social platforms is valuable information for the process.
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The average person spends two hours a day on social media. Hidden within the sea of tweets, snaps, and posts on these social platforms is valuable information for the claims process.

The growth of new business opportunities and private investments are creating new in lines . Verisk is working to a...
11/27/2018

The growth of new business opportunities and private investments are creating new in lines . Verisk is working to address these emerging needs.
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The growth of new business opportunities and private investments are creating new risks in commercial lines.

The standardized language of the ISO cyber-risk form offers a comfort level with respect to the coverage they’re pro...
11/26/2018

The standardized language of the ISO cyber-risk form offers a comfort level with respect to the coverage they’re providing & helps Paladin to deliver contract certainty sought by , brokers & their clients.
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Although the disruptive nature of many insurtech startups often has led them to seek alternative routes to market, Paladin Cyber, with support from Verisk, has found a distinctive template that effectively builds its new solution on a solid foundation.

Verisk’s energy insurance platform, EPIX™, won the 2018 North American Insurance Innovation. We were also nominated as I...
11/21/2018

Verisk’s energy insurance platform, EPIX™, won the 2018 North American Insurance Innovation. We were also nominated as Innovation Vendor of the Year in two areas: LightSpeed™, Verisk Data Exchange™
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Three Verisk solutions have been recognized recently in global competitions for insurance innovation.

A new Verisk study, ISO Emerging Issues: Insurance Perspectives on Evolving Risks, gives property/casualty unparallele...
11/16/2018

A new Verisk study, ISO Emerging Issues: Insurance Perspectives on Evolving Risks, gives property/casualty unparalleled insight into today’s evolving landscape.
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Anticipating and understanding new risks is essential to warding off threats and identifying new business opportunities. And now a new Verisk study, Insurance Perspectives on Evolving Risks, gives property/casualty insurers unparalleled insight into today’s evolving risk landscape.

The Camp Fire burned 117,000 acres, the Woolsey Fire burned over 93,000 acres, and the Hill Fire had reached more than 4...
11/15/2018

The Camp Fire burned 117,000 acres, the Woolsey Fire burned over 93,000 acres, and the Hill Fire had reached more than 4,500 acres. Learn more about the latest California wildfires and their containment:

Wildfires in California surpassed 215,000 acres burned as of November 12, destroying thousands of structures, forcing mass evacuations, and reportedly causing 43 fatalities.

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