Frost & Sullivan has named Verisk as its 2021 Company of the Year, honoring the Verisk Data Exchange for outstanding achievement in the North American Telematics Data Exchange Industry Excellence Best Practices category.
Personalized driving traits are core to behavior-based insurance and DrivingDNA makes it easier for insurers to harness the power of these telematics insights. Just as DNA forms the blueprint for organic life, DrivingDNA reveals distinct characteristics of personalized driving risk at point of quote and renewal.
Whether you already offer a usage-based insurance (UBI) program or are looking to dive into this market, DrivingDNA can support your telematics journey with solutions drawn from advanced analytics, extensive in-market experience, and hundreds of billions of driving miles in the industry-leading Verisk Data Exchange™.
Verisk’s telematics solution suite helps personal auto insurers develop, launch, and grow comprehensive UBI programs using driving behavior insights from millions of consenting drivers.
Access predictive scores and an expansive set of driving data attributes at point of quote and renewal.
Lay the foundation for an expansive UBI program with superior driving risk insights using Verisk’s next-generation telematics scoring model, pre-filed by ISO for a speed- to-market advantage.
Expand your UBI program by accessing connected car driving behavior data, packaged to meet your specifications, and available at both point of sale and on a recurring basis for PAYD and PHYD programs.
Refine mileage-based rating or take your PAYD program to the next level with verified odometer readings from millions of connected cars, available upfront at quote and on an ongoing basis.
Increase the velocity of telematics insight creation and make more informed strategic decisions.
Use telematics data to support the growth of your program and promote safe driving.
Turn connected cars into a powerful acquisition channel with proactive, data-driven prospecting and customizable notifications about insurance offers delivered directly to safe drivers.
Learn how Verisk’s new DrivingDNA® Score can simplify your path to market entry, enhance the UBI purchase experience, and support profitable growth.
The growing numbers of vehicles with embedded connectivity are an exciting new data source for usage-based insurance programs. Hear how a large insurer leveraged this opportunity to deliver new, innovative products and differentiate its customer experience.
IoT data opens new doors for insurers. The Verisk Data Exchange is tackling the challenge of refining telematics driving data—which now exceeds 250 billion miles.
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How connected cars, smart homes, and electric vehicles could impact personal lines insurance carriers and agents.Read the article
Competition and growing digital information sources demand that auto insurers balance underwriting data consumption with cost efficiency.Read the article
Verisk insurance consultants can help you leverage telematics data and analytics to better understand how they align with your strategic direction.
Verisk offers a full range of products for personal auto insurers, including tools for underwriting and rating, fraud, and predictive analytics.
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