Where Going Small Can Be a Big Deal
Small business can be a big insurance opportunity—if you’re ready
Building a businessowners program can send you all over the map in more ways than one. Markets vary widely by geography, risk, and customer expectations. Some entrepreneurs want their insurance purchase to be as simple as buying a personal auto policy, even as they operate in fledgling business categories—from craft brewing to cannabis.
How do you get the fundamentals of a BOP program right, and then reach the next level of agility and customer experience to compete with market leaders?
It could all start with the right toolbox, one that can ease the journey from sizing up the market to crafting innovative policy programs and implementing fast, efficient, accurate underwriting and quoting. set
Discover a piece-by-piece blueprint for constructing a BOP program in our new white paper. See how advanced analytics grounded in deep data resources and industry knowledge can lead to more certainty and less guesswork.
Fill out the form to receive a copy of the white paper.
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With LightSpeed Small Commercial, we found an innovative underwriting solution that will help us shorten submission forms and automate decisioning, quote generation, and policy issuance.
- Cliff Karlin
- President of Insurance, Blitz
How Verisk can help
How Verisk can help
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.