General Liability

 

Verisk is constantly developing policy language and rules to meet the needs of insurers

Businesses today operate in a world full of hazards, where small accidents can lead to large—and costly—liability claims. We’ve been a leader in general liability, developing the industry standard for forms, rates, and rules and a range of underwriting products and services.

Our Commercial General Liability Program is broad and flexible, with policy language to cover both common and industry-specific risks. In addition to general liability, we offer insurance policies and programs for nontraditional markets and specialty lines, such as employment practices liability, management protection, financial institutions, cyber liability, and crime and fidelity.

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To help underwrite policies, Verisk field representatives conduct on-site surveys at businesses around the country, providing insurers with firsthand information about general liability exposures. We provide guides, bulletins, and training for insurers, both online and in person, to help audit general liability premiums. And for those who want to plan and track general liability trends, we offer an index of loss ratio and loss development data for well-defined general liability segments.

We have a product suite for claims adjusters that uses insurers’ claim experience and information from investigations to facilitate consistent settlements across a range of accident scenarios. And we provide Medicare compliance and claims resolution services to help you meet your obligations under state and federal laws—while reducing claim costs and expediting settlements.


Products and Services

When you order a General Liability Survey, a Verisk field rep visits the site to collect underwriting information about bodily injury and property damage liability exposures.

ISO has allied with Experian Business Information Services to bring you business credit, financial, and public-records information. The data will help you evaluate new and renewal business and make better underwriting decisions.

ISO's advisory prospective loss costs are accurate projections of average future claim costs and loss-adjustment expenses — overall and by coverage, class, territory, and other categories.

The ALAE Size-of-Loss Distributions model provides tables of loss and allocated loss adjustment expenses for 94 lines of insurance within the general liability, commercial auto and medical/professional lines.

ISOnet — the information service for insurance professionals — offers you access to a collection of more than 9,000 personal and commercial forms and endorsements. The Forms Library contains all simplified ISO forms in effect (based on ISO filings) on or after January 1, 1994.

To manage your company's policy forms and endorsements — and to ensure compliance with state regulations — you need ISO's Forms Information/Report System.

ISOnet — the information service for insurance professionals — offers you access to all ISO circulars issued since January 1, 1995. ISO circulars deliver information on ISO filings for loss costs, rules, forms, and statistical plans.

ISO’s Actuarial Service provides the information you need to enhance your decision making and boost your productivity and profitability. Using ISO’s data to supplement your own experience, you’ll be able to make better-informed decisions about product pricing, marketing, underwriting, reserve adequacy, and reinsurance needs.

ISOnet brings ISO's vast wealth of insurance information to you over the web. With ISOnet — the information service for insurance professionals — you can easily locate current and historical ISO documents, eliminating the time you'd waste tracking down misplaced or filed copies.

ISO's Electronic Forms on Disc (EFD) is a database of policy forms and endorsements for all ISO lines of business. You can view and print the ISO forms, modify or customize them, and integrate them into your own policy-issuance system.

Verisk's Atmospheric and Environmental Research (AER) business is a leading source of research and services that further understanding of the global environment and enable better decision making in response to weather and climate-related risk.