Embracing digital transformation strategies
It takes powerful technology integrations, reliable connections, and actionable data to make the best business decisions. Verisk helps insurers improve competitiveness, boost profitability, and elevate the customer experience.
Many commercial lines insurers are implementing data-first strategies to help increase the speed and precision of underwriting. But as the amount and variety of data continues to grow, it’s become more critical than ever to focus on the data you need, generate relevant insights, and automate processes without compromising your underwriting guidelines. Learn how commercial lines insurers can navigate these issues in a six-part podcast series.
Automating the underwriting of commercial insurance is complicated. Businesses pivot, regulations evolve, and data quality fluctuates. There are insurers, though, that have found a path forward. They’ve developed an in-depth understanding of their existing processes, have identified and prioritized their plans, and have leveraged insurance expertise and insurance-ready data to help create a sustainable pipeline of innovation.
Advancements in technologies, like artificial intelligence and machine learning, are leading the industry’s digital revolution. The transformation journey includes technology, people and process paths with focus in all areas required to be successful. Gain insights for success from a panel of road warriors sharing best practices and tips to avoid pitfalls so you can significantly accelerate time to value.
With the Verisk suite of general liability solutions, you can cover a wide range of business liability risks and gain access to a variety of data, analytics and compliance tools to drive your insurance business forward.
With reliable data from our database of more than 15.4 million properties, 26 million businesses, 2.6 million OSHA violations, and 15 million restaurant violations, you get essential information for your underwriting.
Underwriting solutions to develop, rate, implement, manage, and grow a commercial auto book of business. Data-first strategies that transform expense ratios.Learn more about commercial auto solutions
Expand quickly and improve your profitability in small commercial with the right tools, fast delivery of reliable data, and analytics that help properly assess future risks.
Learn how the strategic application of advanced survey technology can help provide insurers the data they need.Read the article
Learn how LightSpeed Small Commercial can help insurers classify, quantify, and qualify risks for more automated underwriting.Read the article
Total reconstruction costs increased 5.1% from October 2022 to 2023. This uptick follows the 4.3% increase from July 2022 to July 2023.Read the article
To help insurers navigate the increasing complexity in the market, Verisk has developed the Market Expectations Index for 360Value.Read the article
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