Insurance Policy Programs

 

The standard for forms, rules, and loss costs across 26 lines of insurance

We’re the recognized leader in developing standardized insurance policy programs for personal and commercial lines that help you define and cover the risks your policyholders face. We provide programs for many specialty lines, including e-commerce, cyber risk, crime and fidelity, inland marine, and financial institutions.

We’re a trusted partner in ensuring compliance with certain statutory and regulatory requirements. We monitor technological, social, and business issues—as well as legislative, regulatory, and legal developments—that may affect our programs. We constantly track insurance legislation and court cases and update our vast library of policy language, ratings, and rules to cover the latest risks. Our programs help regulators make sure your policies meet basic coverage expectations, simplify claim settlements, and assist you in entering new markets and lines of business.

We have tools to help you analyze reinsurance contracts and guide you in your reinsurance purchasing decisions. And we offer indices providing values that you can use as triggers for a variety of traded financial market instruments for casualty and workers' compensation.

 
 

Products and Services

The new ISO Commercial Auto Class Plan will provide significant benefits to insurers and will build on both the current standard plan and enhancements featured in the Optional Class Plan.

Updating policy language across multiple lines can be more challenging than conducting a symphony orchestra. But, you can harmonize your forms and increase speed to market by becoming the conductor of your company’s forms development process.

ISO Home Healthcare, a turnkey program covering a broad range of eligible professionals from home healthcare aides to nurses, can help you quickly seize this opportunity.

A filed loss cost is a powerful driver of underwriting and pricing, helping you determine adequate premium. Our Loss Cost Quote Report helps you beat the competition with reliable loss cost, rating, and risk selection information.

Automate your ISO-based insurance programs with actionable electronic ISO rating content directly from ISO.

ISOnet — the Internet information service for insurance professionals — contains a complete electronic version of the current ISO Commercial Lines Manual (CLM), as well as historical information back to 1994.

ISO is the acknowledged leader in writing policy language to cover all kinds of property and liability risks. All our policy forms—personal and commercial—use easy-to-read language that helps consumers know what they're buying and salespeople know what they're selling.

For more than 25 years, insurers have relied on the State Filing Handbook from ISO for compliance details on filing rates, rules, and forms in all jurisdictions. The handbook tells you how to make independent filings in every state and what to do in response to ISO filings.

ISO's Query Commercial Classification Code (QC3) is an online lookup tool for underwriters, actuaries, and risk managers. With QC3, you can find the correct commercial classification code for workers' compensation or general liability in a specific jurisdiction or in reference to a NAICS or SIC code.

ISO's advisory prospective loss costs are accurate projections of average future claim costs and loss-adjustment expenses — overall and by coverage, class, territory, and other categories.

ISO's MILD™ software provides a complete, self-contained exposure rating model you can use to perform the most sophisticated custom analyses of your casualty excess-of-loss reinsurance treaties.

The ALAE Size-of-Loss Distributions model provides tables of loss and allocated loss adjustment expenses for 94 lines of insurance within the general liability, commercial auto and medical/professional lines.