Chip Chaffee

Chip Chaffee

Evaluating your predictive model: How will using the model affect your underwriting decisions?

Predictive analytics is a significant advancement in the ongoing search for better ways to develop equitable rates — rates that accurately reflect the experience of groups of insureds. Some compani...

Predictive Analytics, Competition, and You

When it comes to competing on data analytics, one might assume that the large carriers would be the likely experts, with smaller carriers trailing behind. However, in a recently released Verisk...

How can small insurers survive and grow?

In the past 15 years, more than 100 property/casualty insurance companies have either failed or merged into larger enterprises. The top ten insurance companies continue to grow, and the number of...

Your Insurance Telematics Questions Answered

What do state regulators think about telematics programs? Is there any concern about infringement of privacy? Those were just a couple of questions ISO experts Chris Sirota and Isaac Wash tackled i...

Verisk Conference to Offer Sessions Targeted for Auto Insurers

October's Verisk Insurance Solutions Customer Conference is just around the corner.  It’s a great opportunity for leaders in our industry to come together, share ideas, and get insights from expert...

Auto Insurance Report Conference Recap

I attended the 2011 Auto Insurance Report Conference (AIR), April 10 to 12 at the beautiful Ritz Carlton, Amelia Island. The conference gathered 300 executives from insurance companies and vendors...

Telematics: When will the tipping point occur?

We seem to be getting closer and closer to the point where the personal lines auto insurance industry begins to pursue serious telematics offerings — beyond small pilot tests.  Of course, Progressi...