Verisk Review

Uncovering Opportunity in Conflict Mineral Compliance

Metals essential to the manufacture of products such as consumer electronics, cars, clothing, aerospace equipment, medical devices, and jewelry can source from the Democratic Republic of the Congo...

Reducing the Risk of Insuring the American Dream

Home ownership has been a long-standing dream for many Americans, but various events over the last few years have made it more problematic to buy and maintain a home. For example, more intense...

Enterprise Risk Management in an Increasingly Nuanced Business World

The financial crisis in 2008 exposed risk managers to new challenges and forever changed the way many companies do business. Yet, according to a 2013 Treasury Risk Survey , 38 percent of companies ...

Tapping the Well of Big Data

From the NSA to the NBA , big data is everywhere. It’s often billed as “the new oil.” And while it certainly has the potential to be as profitable, unlike oil, data is a constantly generated and...

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...