Market-leading business intelligence coming to insurers: Q&A with Phanom Dixie

With a career built on analyzing complex industries, Phanom Dixie loves data—and solving business problems. So it’s no wonder she’s very excited to lead a new benchmarking initiative that will benefit ISO ClaimSearch® customers. We asked Phanom to tell us more about this breakout project. Q: How did the benchmarking initiative come about? Phanom: The […]

Telematics revolutionizes claims: Connected cars will automate FNOL process and so much more

When it comes to claims processing, time is not on anyone’s side. After an accident, flood, fire, or theft, it’s dependent upon the claimant to initiate contact with the insurer. And it can be a day or more before the adjuster is able to speak to the claimant to get full details about what took […]

Game-changing new ISO ClaimSearch® innovations will transform claims analytics

With a growing industrywide emphasis on financial performance, the speed and accuracy of claims decisions are more critical than ever to operational efficiency, customer retention, and your bottom line. But while data to support swift and smart decision making is abundant, most adjustors struggle with the challenge of assessing and deploying that data with precision. […]

Verisk Telematics Team: Ready for Connected Car Insurance USA Chicago ’16!

The Telematics team at Verisk Insurance Solutions is ready for TU-Automotive’s Connected Car Insurance USA conference on September 7-8 at Chicago’s Radisson Aqua Blu Hotel. If you haven’t registered, grab a brochure to discover the great things happening this year—then register here.  Use the “Verisk200” promo code and get a $200 discount! While you’re in […]

Georgia fire marshal urges insurers to comply with data requests for quarterly report

Georgia Code § 25-2-32(a) requires: “…The various fire insurance companies doing business in this state shall submit to the Commissioner, quarterly, a report stating all the losses sustained by them, together with such pertinent data as may be required by the Commissioner.” On July 1, the Office of Insurance and Safety Fire Commissioner reminded insurers […]

Build a better claims department: Meeting the operational efficiency challenge

With claims costing insurance carriers more than $246 billion in 2015, claims department are under scrutiny. Operational inefficiencies must be minimized to mitigate costs and help improve your company’s bottom line. Although claims departments have lagged behind in terms of technology adoption, that’s changing as insurers view claims process optimization as one key to staying […]