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ISO

360value Reconstrucion Costs

5/21/2018 - 1 min read

Reconstruction costs increase at highest rate since 2015

360Value® Quarterly Cost Update on reconstruction costs for the second quarter of 2018 offers an overview of current reconstruction cost trends at the national and state/provincial levels for the United States and Canada from April 1, 2017 to April 2018.

Fire Truck 002

5/14/2018 - 1 min read

Going the distance and more to rate fire protection

Plotting the distance to the nearest fire station seems like the obvious path for an insurer to take when measuring fire protection.

Prometrix Onboarding

5/11/2018 - 3 min read

Solving the challenges of new product implementation

Insurers need a fast, efficient, and well-supported onboarding process, especially when dealing with advanced tools and cutting-edge InsurTech solutions.

Verisk A Plus

5/2/2018 - 3 min read

6 reasons to move loss history to point of quote

It’s a familiar conundrum for many insurers: Ordering loss history is expensive, but not having all the facts until just before binding a policy may lead to a second rate call that’s significantly higher than the first.

Denver Co Hail Storm

5/1/2018 - 1 min read

May 2018 Preview: Historical catastrophe activity

Over the past decade, the month of May averaged four catastrophes, according to Verisk's Property Claim Services (PCS).

Geomni Aircraft

4/30/2018 - 2 min read

Aerial imagery takes commercial property underwriting, loss control, and rating to the next level

High-resolution images and data captured by Geomni’s remote sensing aircraft are deeply integrated into Verisk’s commercial property solutions.

Mass Timber

4/24/2018 - 3 min read

What is mass timber, and why should insurers care?

Mass timber’s use in tall wood buildings is increasing, creating new exposures for insurers—and new opportunities.

Cyber

4/23/2018 - 2 min read

All about timing: The importance of discovery triggers in cyber insurance

ISO’s commercial cyber insurance program includes a unique feature: a discovery trigger applicable to first- and third-party insuring agreements.

Verisk Mozart

4/20/2018 - 1 min read

Verisk launches API for Mozart Form Composer

Verisk has launched an application programming interface (API) for Mozart Form Composer™, ISO’s forms management tool and product development platform.

Fire Hydrant

4/12/2018 - 1 min read

Verisk records 8.9 million fire hydrants in the United States

Verisk reached a national milestone this past February with the recording of 8.9 million hydrants in its GIS fire hydrant database. The GIS database is the only one of its kind in the United States and includes the precise location and functionality of each hydrant as well as other static water supply sources.

Cyber Risk Intensifies

4/6/2018 - 2 min read

ISO survey: Data breach risk is top of mind for many insurers

It seems not a day goes by without a cyber breach reported somewhere around the globe. Insurers are thinking about cybersecurity too, if the past five ISO Emerging Issues Bracket results are any indication.

Altus Oklahoma Tornado

4/4/2018 - 1 min read

April 2018 preview: Historical catastrophe activity

With parts of the United States still reeling from winter storms in March, Verisk's PCS looks ahead to April. Though overall tornadic activity typically peaks in May and June, April is an active month for violent tornadoes.

Hail 002

4/4/2018 - 3 min read

A handle on hail: Measuring a volatile risk

A new Verisk white paper, Hail: The Hidden Risk, examines key challenges for insurers, which include measuring the risk and detecting past damage.

Keep It Simple For Insurance Agents

4/4/2018 - 3 min read

Make it simple for agents

Insurance agents crave simplicity. Humans are naturally drawn to simplicity. Our brains are hardwired for it.

High Value High Risk Homes

4/3/2018 - 4 min read

When a home’s high value also means high earthquake risk

Compared to standard-value homes, high-value homes are larger and more complex structures that are generally constructed better, but may be more vulnerable to earthquakes

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