Do you know what to look for in a quality data and analytics provider? Are you sure the data you’re using is accurate, complete, and well-sourced?
High-quality underwriting data is the key to accelerating and automating your processes—and winning more small commercial customers. But first, you need to know how to spot a quality provider.
These six things set them apart.
Streamlining the underwriting process requires confidence in the quality of the data you rely on to make decisions. Using a data provider with broad insurance industry expertise can translate into a nuanced understanding of the insights generated by image analytics. Verisk data scientists continually test and develop models to ensure the level of reliability needed to provide actionable underwriting insights that can help you sustainably grow your portfolio and boost profitability.
Integrated directly into LightSpeed® Small Commercial, image analytics paired with other robust data sources can provide insurers with a holistic underwriting solution that helps refine risk assessment and improve customer and agent experiences.