97 percent of commercial auto insurers consider predictive analytics valuable. Predictive analytics are an important step on the pathway to profitability.*

*According to a June 2018 ISO survey

Risk targeting and selection tools

To be profitable in commercial auto, insurers need risk targeting, selection, and segmentation that are as accurate as possible. The solution to that need is acquiring the most reliable data and analytics available to help determine which risks to underwrite and which to pass on.

 

Rating classification plan

Rate policies with precision and keep on top of new business models that have changed the nature of commercial driving. Get started in the right direction with Verisk’s new rating classification plan.


Predictive analytics

Enhance pricing segmentation by leveraging advanced analytical techniques and unique data sources to better estimate underwriting risk and calculate corresponding premiums with robust predictive analytic information.


Enhancing class and geography

Achieve an ideal combination of class and geography to improve competitive differentiation, another step in the path to profitability. Verisk offers a range of tools to help.

 

Analyze pricing trends and market cycles using actual rate changes from nearly 4 billion records in Verisk's market reports.


Identify and capitalize on opportunity by leveraging highly accurate and granular commercial insurance information using this actionable, accessible database.


Analyze profitability and loss statistics by geography, risk class, and time; and use key benchmarks to enhance strategic planning.


Make important portfolio decisions successfully with granular-level premium and loss-experience data fueled by one of the world’s largest property/casualty insurance databases.