Verisk’s ISO Electronic Rating Content™ (ERC™)
Rating-as-a-Service: A fresh new way to think about rating
Rating-as-a-Service (RaaS) is an innovative, cloud-based rating solution that allows you to deliver results faster. Effectively rate your policies in real time—without a major information technology investment.
Want to spend less time updating your rating content?
Updating rating content has historically been one of the most time-consuming and labor-intensive tasks for insurers. But incorporating the critical changes to loss costs, rules, and coverages can directly affect premium and profitability.
Verisk has dramatically expanded the delivery options for rating content, including a new cloud-based rating engine that can enhance accuracy, reduce delivery time, and greatly minimize IT expenses.
The newest Celent report and our webinar, Introducing the Next Generation of Verisk’s ISO ERC Solution: Speed And Value, explain how ERC is expanding deployment options to provide greater agility, flexibility, and efficiency.
Whether you’re entering a new line of business, expanding into new states, or seeking to boost your efficiency from top to bottom, Verisk’s ISO ERC can help you achieve results faster.
Download the report to learn more.
Read the Celent report and view the webinar
Verisk’s ISO ERC equals efficiency and value
Using ERC cuts the workload by up to 63% when updating a rating content or circular change.
ERC reduces the time spent interpreting and implementing circular changes by up to 75%.
Insurers on the whole realize an average decrease in overall costs of up to 35%.
How Verisk can help
Verisk’s ISO ERC helps you keep up with changing advisory loss costs, rules, and forms so you can devote more energy to revenue-generating activities. Don’t settle for anything less than the latest rating data from the insurance experts who write the ISO Commercial Lines Manual.
