LightSpeed

12/3/2024 - 3 min read

Elevating Commercial Underwriting: A Strategic Perspective

Verisk offers an ecosystem of underwriting solutions that provides reliable, comprehensive, and integrated solutions designed to mitigate risk

11/4/2024 - 3 min read

Extreme driving on the rise: Confronting risk in the era of $11+ MVRs

A new Verisk study reveals an unsettling story, but new data and innovations help enable personal auto insurers to confront these challenges

Truck Driver Examining Semi Truck Trailer Brake Coil For Safety

10/28/2024 - 3 min read

Optimizing commercial auto expenses during a hard market

Average MVR fees surpassed $11. Rethink tracking driver risk cost-effectively—with
underwriting data that helps avoid adverse consequences.

7/16/2024 - 3 min read

Confronting commercial auto premium leakage with non-rate actions

With more than $15 billion in premium leakage over the past decade
due to radius misclassification alone, identifying risks offers potential

7/11/2024 - 3 min read

Back to the future: Past policies inspire forward-thinking innovation

Personal auto insurance policy history data is key to unlocking predictive behavioral patterns and modern buying experiences of the future

6/17/2024 - 1 min read

New paper explores 4 strategies for commercial auto profitability

New Verisk white paper covers challenges and strategies for commercial auto insurers to modernize and boost profitability for the long haul

5/7/2024 - 2 min read

Faster classification for small commercial underwriting

Learn more about increasing the power and reliability of precise NAICS codes in small commercial underwriting.

11/28/2023 - 4 min read

Auto application fraud up 18%: New approaches to help mitigate risk

Artificial intelligence powers search-and-match algorithms that improve hit rates and predictive analytics help identify insurance fraud.

10/26/2023 - 2 min read

Automate to accelerate: Keeping pace with the small commercial market

Learn how LightSpeed Small Commercial can help insurers classify, quantify, and qualify risks for more automated underwriting.

5/30/2023 - 3 min read

Bringing a BOP program to market with comprehensive tools and support

The ISO businessowners policy program is ready out of the box to meet many carrier requirements

5/16/2023 - 3 min read

Innovative VIN Decode Solution for Commercial Auto Insurance

Understanding vehicle risk is critical to improve segmentation, refine pricing and enhance profitability. Gain insights from 50+ components.

5/1/2023 - 2 min read

It’s a good time for insurers to consider a businessowners program

Solutions to ease entry into the businessowners policy program market and sustain that business across the value chain.

3/28/2023 - 1 min read

Aligning a small commercial insurance book with reality—and strategy

A portfolio analysis can uncover new risks, reveal opportunities to true up coverages, and show where rate increases may be warranted

11/2/2022 - 2 min read

Clear away obstacles to fast, profitable small commercial underwriting

Prefill application details, amplified with analytics, can fuel small commercial underwriting automation by tapping unstructured data

10/21/2022 - 3 min read

Reimagine small commercial underwriting with better, broader data

Automated underwriting requires high-quality data. The quote must be informed by a holistic view of the applicant’s risk profile.