ISO Risk Analyzer® Personal Auto Vehicle Module for Liability

Determining the liability risk of a vehicle is no longer limited to loss experience data at the vehicle series level.

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Predictive Modeling

Verisk has long been a leader in the use of predictive analytics and modeling to help insurers improve their bottom line.

For the personal auto, homeowners, businessowners, and commercial auto lines of business, we offer a suite of predictive models that examine the interactive effects of hundreds of rating variables to predict expected losses at the individual-policy level. Our models determine more accurate loss cost estimates for segments of your business, so you’ll be able to refine your pricing to set premiums that more closely reflect the associated risk.

For medical fraud detection, we apply predictive analytics to your medical billing data to identify suspicious providers that may otherwise go unnoticed. By combining our analytics with the expertise of our analysts, we’re able to identify fraud at the source in the earliest stages of the process, giving you a significant advantage in the fight against spiraling costs.

Predictive Analytics

Randall Day, director of Claims Solutions at ISO Claims Partners, recently spoke with Insurance Thought Leadership editor Paul Carroll about predictive analytics.

Products and Services

The environmental module of ISO Risk Analyzer Commercial Auto provides sophisticated analysis for two classes of commercial auto business:local/intermediate trucks, tractors, and trailers (TTT), and private passenger types (PPT).

ISO Risk Quality Index is an insurance-risk prospecting tool that uses predictive analytics to help you achieve your marketing objectives.

ISO Risk Analyzer Homeowners is a powerful analytic tool that uses predictive modeling to examine hundreds of indicators that can affect your homeowners risks and predict the noncatastrophe portion of expected losses at the policy level by peril.

ISO’s Actuarial Service provides the information you need to enhance your decision making and boost your productivity and profitability. Using ISO’s data to supplement your own experience, you’ll be able to make better-informed decisions about product pricing, marketing, underwriting, reserve adequacy, and reinsurance needs.

Verisk's Atmospheric and Environmental Research (AER) business is a leading source of research and services that further understanding of the global environment and enable better decision making in response to weather and climate-related risk. Clients include U.S. military and civilian government agencies, as well as interests in the commercial, financial, energy, and insurance industries.