Underwriting and Rating Solutions
The insurance marketplace is changing rapidly
Evolving technology, emerging risks, and rising customer expectations are creating constant challenges for property/casualty insurers. How can insurers create innovative insurance programs, streamline data reporting to regulators, and leverage analytics to assess and price risks with speed and precision?
Commercial Auto
Commercial Property
Excess and Surplus
General Liability
Personal Auto
Personal Property
Small Commercial
Specialty Commercial Lines
Do you have the right solutions to improve your business?
Visualize: Insights that Power Innovation
As increases slow, reconstruction costs show signs of stabilizing
Total reconstruction costs, including materials and labor, increased 6.8% from January 2022 to January 2023, a drop from the last quarter.
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Pricing physical damage for commercial auto in an era of inflation
The rising cost of physical damage claims has auto insurers asking questions about premium adequacy.
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Do you have the right tools to assess the nonstandard auto market?
There’s a serious need for actuarial insights focused specifically on the highly competitive market of non-standard auto insurance.
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Why it’s time to rethink vehicle cybersecurity
How each connection in the tangled web of vehicle cybersecurity could represent a potential vulnerability for bad actors to exploit.
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Clear away obstacles to fast, profitable small commercial underwriting
Prefill application details, amplified with analytics, can fuel small commercial underwriting automation by tapping unstructured data
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Keeping pulse: Tracking the latest price surges to maintain ITV
Verisk data shows the cost to rebuild a property is still more than 11 percent higher, on average, than it was pre-pandemic.
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Reimagine small commercial underwriting with better, broader data
Automated underwriting requires high-quality data. The quote must be informed by a holistic view of the applicant’s risk profile.
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Will climate change lead to more hurricanes?
Verisk’s Climate Change Projections help organizations investigate how loss metrics such as average annual losses (AALs) and return period may change in the future.
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Compliance and Reporting
Make more informed decisions, plan strategically, and comply with federal and state requirements with a wide range of compliance and reporting services.
Data and Statistical Service
Enhance data quality and management and streamline compliance and regulatory reporting processes with industry-leading databases and online platforms.
Insurance Policy Programs
Address risk exposures, define and cover policyholder risks, and enter new markets and lines of business with industry-standard insurance programs, advisory loss costs, and forms management tools.
Insurance to Value
Maintain rating integrity and meet evolving customer expectations, with updated replacement cost estimates based on actual claims data.
IoT/Telematics
Refine underwriting and rating, accelerate first notice of loss, and achieve proactive mitigation services with telematics and Internet of Things solutions.
Medical Risk Rating
Improve the customer experience, refine underwriting, and expand your market with the automated assessment of pre-existing medical conditions.
Premium Audit
Enhance your premium audits with robust information on classification and rating. Stay updated on premium audit issues with a wide range of bulletins.
Risk Control
Gain access to critical and up-to-date information on risk management and loss control.
Underwriting Inspections
Enhance your surveys, inspections, and site visits with reliable, up-to-date information on properties and the risks they pose.
Catastrophe Risk
Climate change and population shifts toward areas prone to catastrophe are heightening the need for insurers to understand their exposure to potentially devastating losses.