Assess underlying risks and hidden exposures with actionable and reliable data and analytics for every address you underwrite. Get the full spectrum of information required to price commercial property policies with speed and accuracy.
Looking for actionable takeaways on trends influencing commercial property insurance? Check out Inside the Data-Verisk Commercial Property for analysis and news developed especially for underwriters and loss control engineers.
Automating the underwriting of commercial insurance is complicated. Businesses pivot, regulations evolve, and data quality fluctuates.
There are insurers, though, that have found a path forward. They’ve developed an in-depth understanding of their existing processes, have identified and prioritized their plans, and have leveraged insurance expertise and insurance-ready data to create a sustainable pipeline of innovation.
Data and advanced analytics can drive everything from decisions on new markets and segmentation to standing up new lines of business in months vs years. Increase speed to market and boost profitability by embracing the new era of digital transformation for commercial lines insurance.
We're all ready to innovate. Let Verisk help with your digital transformation.
Total reconstruction costs, including materials and labor, increased 6.8% from January 2022 to January 2023, a drop from the last quarter.Read the article
Prefill application details, amplified with analytics, can fuel small commercial underwriting automation by tapping unstructured dataRead the article
Verisk data shows the cost to rebuild a property is still more than 11 percent higher, on average, than it was pre-pandemic.Read the article
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