Verisk ClaimSearch: Powering Insurance Through Shared Insights

July 31, 2025 / 5 min read

Regulatory scrutiny is intensifying, fraud schemes are becoming more sophisticated, talent shortages and skill gaps are widening, and policyholders now expect instant service. In this high-stakes environment, property and casualty (P&C) insurers need more than good instincts—they need trusted, data-driven intelligence that evolves continuously.

For more than 50 years, Verisk ClaimSearch^® has set the standard by delivering exactly that: a proven insurance data network fueled by innovation, imagination, and deep claims expertise. By driving ever-increasing value across the insurance ecosystem, it helps insurers operate more effectively—and ultimately, better serve their policyholders.

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What is ClaimSearch?

ClaimSearch is a contributory database that puts the power of collective intelligence in your hands. You contribute your claims data and gain access to insights from more than 1,850 contributors across the industry—from major insurers to small carriers to self-insureds, including the top 100 insurers—giving you a panoramic view of the insurance landscape.

Many in the industry still call it “ISO,” recognizing the platform’s beginnings, but today ClaimSearch serves claim professionals, Special Investigation Units (SIUs), law enforcement, regulators, and ecosystem partners with capabilities that go far beyond what anyone imagined 50 years ago.

The numbers tell the story: the database contains over 1.8 billion U.S.-based claims, representing approximately 95% of the U.S. P&C insurance market. And when we say “claim,” we mean a verified P&C claim filed directly with an insurance carrier. As the largest contributory claims database in the nation, ClaimSearch is more than a data source—it is the backbone of the industry. Built on decades of industry trust and collaboration, this is the network the P&C ecosystem relies on.

The power of ClaimSearch lies in its collaborative “give to get” model: insurers contribute their data, and in return, receive actionable decision intelligence that enhances claim management and mitigates risk. This exchange is underpinned by a steadfast commitment to data privacy and security, ensuring that all information is protected through industry-leading safeguards. Supported by rigorous governance, strict credentialing, and full regulatory compliance, ClaimSearch has earned the trust of the entire P&C industry—not just the largest carriers—by consistently delivering value across the board.

Clear answers when claims get complicated

Every claim decision matters. Fast-pay the wrong claim, and you’re exposed to fraud. Delay a legitimate claim, and you risk damaging policyholder relationships. ClaimSearch gives you the confidence to make the right call, fast.

Take Andrew, a small business owner whose shop was damaged in a storm. Behind the scenes, his insurer swiftly tapped into ClaimSearch to automatically verify his identity, confirm policy details, and review his claims history, along with the property’s loss history, all in seconds. With no fraud alerts or suspicious patterns, they processed Andrew’s claim quickly and got him back on his feet.

Now consider Emma's theft claim. It looked routine until ClaimSearch revealed the real story: multiple recent claims under her name across different carriers, overlapping losses at the same address, and a suspiciously similar claim filed just months before.

Armed with these insights, the insurer launched a deeper investigation, using ClaimSearch as a trusted research tool. This enabled the SIU professional to conduct a thorough and well-informed inquiry, ultimately revealing a clear pattern of fraud. By catching it early, the insurer safeguarded its resources and helped maintain fair premiums for honest policyholders like Andrew.

This is the intelligence that powers smart decisions across:

167,000+ insurance industry professionals
1,850 insurers
306 TPAs
368 self-insureds
All 27 workers’ compensation insurance
3,183 law enforcement agencies and 130 regulatory entities
National Insurance Crime Bureau (NICB) as their data analytics platform

Staying ahead of evolving fraud

Fraudsters adapt quickly, and insurers defenses need to continually evolve to stay ahead. ClaimSearch positions claims and SIU professionals at the center of an intelligence network that detects emerging fraud trends and delivers actionable intelligence directly into their workflow, whether through virtual platforms or seamlessly integrated into claims systems.

It’s not just about accessing data - it’s about leveraging a foundational data layer that supports advanced analytics, powering AI, machine learning, and predictive modeling across claims operations.

Dynamic match reports and business intelligence help:

Identify suspicious patterns before fraudsters strike
Access emerging data sources and new markets for comprehensive risk assessment

P&C professionals are empowered to make confident decisions in real-time that improve outcomes and operational efficiency.

Ecosystem partnerships that amplify your impact

ClaimSearch connects insurers to a network of industry stakeholders and service providers designed to enhance fraud prevention, streamline operations, and accelerate innovation. This includes:

Direct collaboration with regulators, law enforcement, NICB, and state fraud bureaus
Integrated, plug-and-play service providers through the ClaimSearch Partnership Program
Prebuilt integrations and scalable solutions that reduce IT burden and save money
A unified defense against fraud that strengthens trust across the entire value chain

These partnerships help insurers operate more efficiently, respond to emerging risks faster, and deliver greater value to policyholders.

Automated compliance that works behind the scenes

ClaimSearch handles state and federal compliance requirements automatically, freeing you to focus on your business. Services include:

Child support judgment and lien resolution
Motor vehicle total loss reporting
Foreign assets control list check
Fire and arson reporting

Using these services, insurers can meet legal obligations while contributing to broader societal goals, all without adding to the workload.

Expanded capabilities through ClaimSearch subscriptions

Beyond the core platform, ClaimSearch includes integrated services that sharpen decision-making across every stage of the claim lifecycle:

Claim Scoring prioritizes investigations by flagging high-risk claims that deserve deeper attention
Digital Media Forensics and Claims Video Capture provide visual evidence analysis to validate or challenge claim narratives
Network Analysis reveals hidden relationships between entities to detect organized fraud schemes
Research Hub centralizes investigative resources and claim intelligence in one accessible location
Claims Coverage Identifier streamlines policy verification across carriers, reducing delays and improving accuracy
Medical Provider Scoring is a unique database available to ClaimSearch subscribers, enabling them to flag high-risk providers by analyzing medical provider billing trends and treatment patterns.

Each tool enhances operational efficiency, reduces fraud exposure, and supports more confident claims handling.

Security built on transparency

Insurer data is a competitive advantage, and protecting it is our priority. Verisk safeguards every piece of information through:

Strict data privacy and security standards
Rigorous credentialing programs
Robust internal governance protocols
Full regulatory compliance across all jurisdictions
Commitment to responsible data use

Industry-leading standards give insurers confidence that their most sensitive data stays protected while delivering maximum value.

In summary

ClaimSearch is the industry’s—and your—strategic partner in building a more resilient claims ecosystem. Through shared intelligence, real-time insights, and an unwavering commitment to security and compliance, ClaimSearch drives smarter decisions, faster resolutions, and stronger outcomes that define industry leaders.

Learn more about ClaimSearch today

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