Your business: Faster with Verisk
Ready to accelerate your business operations?
Accurate data. Powerful analytics. Workflow efficiency. Verisk’s InsurTech solutions can streamline your insurance operations, enhance efficiency, and empower your digital transformation.
Do you need to work faster and more efficiently?
Do you need to work faster and more efficiently?
- Approximately 45% of personal lines underwriters’ time is spent on non-core tasks.1
- Approximately 40% of commercial lines underwriters’ time is spent on non-core tasks.2
- 71% of underwriters say inefficient processes are a top challenge.3
Verisk is your business accelerator
Verisk is your business accelerator
- 500+ data points delivered by LightSpeed for Personal Lines
- Up to 75% faster implementing ISO Circular changes with ISO ERC
- 39% average reduction in work hours using Mozart Form Composer
- 20% increase in policies bound when using LightSpeed Small Commercial
- 100% fill rate on the five core property attributes using ProMetrix
Drive efficiency. Drive growth. Drive business.
Outdated systems and a lack of analytics at the point of need are bogging down underwriters.4 Across personal and commercial lines, Verisk delivers data, analytics, and underwriting solutions that can help unlock greater efficiencies and put your business on the fast lane to growth.
ProMetrix®
ProMetrix delivers a 100 percent fill rate for the five core property attributes that are essential for commercial property underwriting: ISO construction class, year built, number of stories, square footage, and primary building use. With 50+ years of experience, Verisk leverages surveyed and modeled data to help you compete.
Mozart Form Composer™
Mozart Form Composer lets you easily research, create, and edit policy wordings, helping you gain speed to market for both new products and critical ISO Forms updates.
ISO Electronic Rating Content™ (ERC™)
ISO ERC helps you keep up with changes to Verisk’s advisory loss costs, rules, and forms so you can devote more energy to revenue-generating activities. Streamline your update process and spend more time focusing on the business impact.
LightSpeed™
LightSpeed™
LightSpeed helps you keep more business in the pipeline with verified leads and a single, bindable quote. Utilizing Verisk’s unmatched data resources and predictive analytics, it helps streamline customer experience and cuts processing time and cost.
360Value®
360Value®
360Value for commercial and personal lines generates reliable replacement cost estimates, based on current, detailed, and localized reconstruction cost data collected and validated through real-world claims experience. Data is compiled from extensive research, direct data feeds, claims analyses, and communication with 92,000 claims and building contractors.
A-PLUS™
A-PLUS™
A-PLUS for commercial and personal lines lets insurers quickly run detailed loss history reports, with flexible options for optimizing expenses.
Coverage Verifier
Coverage Verifier enables you to identify personal auto risks with current, lapsed, or suspended coverage at the point of sale—using the most complete history of risk available in the industry today. It helps improve customer and agent satisfaction, reduce processing time, and increase sales-close ratios.
VINMASTER®
VINMASTER empowers you to determine premiums more accurately for your personal auto risk portfolio⎯ even when you don’t have the vehicle identification number (VIN).
- 2021 P&C Underwriting Survey
- Ibid.
- Ibid.
- Ibid.