Identifying new markets. Developing innovative products. Keeping policy language and rates up to date. The process can be overwhelming for commercial property insurers. Fortunately, robust insurance programs and analytics can provide critical relief.
Whether you’re a new entrant or looking to adjust your current strategic positioning, anticipating the direction of the insurance market—and quickly reacting to changes—are critical for success in today’s competitive commercial property market. To help you assess the market, benchmark your performance, and develop new strategies, Verisk offers a variety of robust analytic solutions.
Distill and synthesize geographic, industry, and size of business data into reports and visualizations to support commercial property strategic decision making.
Use aggregate premium and loss experience data to fuel analytic insights about your commercial property portfolio. Benchmark your portfolio against the industry using interactive visualizations to inform strategic decisions.
Leverage the most current and comprehensive loss history database for commercial property risks to improve market-level underwriting strategies and pricing assumptions.
Drawing on unrivaled data assets and a large staff of experienced actuaries, Verisk's actuarial solutions and consulting services help commercial property insurers understand market trends and make better-informed decisions about risk.
Leverage industry-leading data and analytics platforms for competitive analysis, predictive analytics, and graphic visualizations to ensure your strategies are keeping pace in a rapidly changing market.
Enhance your current rating plan, develop new territory and classification definitions, and feed custom modeling efforts using the detailed output from predictive models to help classify, segment, and price commercial property risks.
o Leverage an industry-leading data and analytics platform for high-level graphical visualizations across a variety of commercial property research needs.
Tap into a modern and integrated suite of software for full end-to-end management of your insurance business. Automate rating content updates, easily analyze, edit, and create forms, and build more efficient workflows with Verisk's powerful ecosystem of insurance program management solutions.
o Easily research, create, and edit policy wordings, helping you gain speed to market for both new commercial property products and critical ISO coverage updates.
Significantly reduce the amount of time and effort you put into updating your commercial property rating content.
Enhance the management of your commercial property program with a flexible, cloud-based solution. Manipulate complex policy information, visualize exposures, and streamline your workflow with Verisk.
Grow your business with solutions that can help you identify market opportunities and reach customers at the right time with relevant messages.