P&C Reporting Challenges Part 1: Building a Better Decision Engine

December 19, 2025 / 2 min read

mechanics-working-on-engines

Compulsory reporting and notice distribution place a heavy burden on property and casualty (P&C) insurers. This multipart series highlights core challenges insurers must address and innovations that help reduce the strain of these labor-intensive activities.

We’re launching a new article series on P&C Reporting Challenges, examining how a well-designed decision engine streamlines the fulfillment of required insurer reporting obligations.

The challenge: Required reporting is complex, costly, and constant

Compulsory reporting activities put pressure on P&C insurers by pulling technical capacity away from strategic work, slowing workflows, and escalating expenses. This drains resources and does not drive revenue, which makes efficiency essential. The foundation for efficient compulsory reporting is a robust, fine-tuned decision engine.

For more than 50 years, Verisk has set the standard in supporting legal and regulatory insurance compliance. We also help auto carriers navigate evolving requirements for DMV reporting; assist P&C insurers in keeping insurable-interest parties interconnected to policy, insured, and lien details; and deliver other vital services.

Many insurers rely on our industry expertise and innovations in policy and coverage reporting, including an advanced decision engine that helps boost operational efficiency, reduce exposure to fines and policyholder penalties, and optimize expenses.

The solution: An industry-leading contributory database

Verisk’s Coverage Verifier database not only supports underwriting prefill and advanced risk segmentation, its infrastructure and daily updates power CV Services, an integrated reporting suite. Contributing insurers gain access to scalable, seamless, turnkey reporting across multiple lines of business.

Here's how it works:

how-it-works-diagram

At its heart: A state-of-the-art decision engine

Verisk’s proprietary decision engine takes a structured, data-driven approach to meeting legal, regulatory, and reporting requirements. By combining policy events, configurable business logic, and scalable automation, this engine helps ensure each notice is distributed accurately with recipient-specific compliance.

Compulsory reporting drains resources and revenue, making efficiency essential—starting with a robust decision engine.

CV Services: Smart, once-and-done reporting

CV Services is an advanced suite that pairs innovation with extensive insurer and lender contributory networks to manage reporting functions, so carriers can redirect time and resources toward revenue and growth. Verisk provides the expertise and technology needed to support efficient reporting, helping insurers modernize processes and reduce operational strain.

car-engine

Strengthen accuracy and compliance with an intelligent decision engine. Eliminate manual, inefficient steps and introduce streamlined, outsourced reporting.

With decades of experience and deep data assets, Verisk continues to drive forward-looking innovation. Unlock integrated, confident reporting via a smart decision engine and save up to 60%.

What if compulsory reporting handled itself? Learn more about the CV Services Integrated Reporting Suite.

Request demo