Identifying $4.5 billion in premium leakage

Identifying $4.5 billion a year in premium leakage

The industry is estimated to suffer up to $4.5 billion in commercial property premium leakage due to misclassification over the next four years.

Commercial property misclassification by category:

  • 32.5% for construction class
  • 37.3% for fire protection

How much of that leakage is yours?

Verisk – insurance solutions can perform a complete portfolio assessment of your book of business to find out.

  • Identify and correct misclassifications across all commercial lines.
  • Hear about prefill and straight-through-processing solutions backed by verified data.
  • Learn the best practices from our team of experienced consultants.

Complete the form to get started.