More complex risks and generational shifts in purchasing are transforming personal property insurance. Verisk has tools to help you adapt to the changing environment - from details that please your customers to strategic insights that help guide your market strategy.
Discovering property change events helps insurers obtain a clearer view of their portfolio to help focus on profitability, maintain underwriting standards, focus on new business growth, and help homeowners protect their investments with adequate coverage.
Determining the right level of protection requires detailed knowledge, from foundation to rooftop, sidewalk to garden shed. Learn how Verisk residential property intelligence solutions can help you better underwrite and manage risk.
Pursuing new markets can be challenging. See how Verisk's ecosystem can help.
The cost and structural complexity of a roof, coupled with its critical role as protection from the elements, can raise particular concerns for many property insurance underwriters. Verisk estimates U.S. roof claims exceeded $19 billion just in 2021, making up about 30 percent of all property loss dollars.
Multistep quoting can miss the rising expectations of today's consumers. Serve them quickly through InsurTech platforms, deep data resources, and powerful analytics.
Changes in ownership and maintenance or new additions and renovations may reflect owners’ shifting circumstances. And fluctuating labor and materials markets can affect reconstruction costs.
Evaluating property risk is increasingly complex and data-intensive. You can simplify workflows and accelerate underwriting and rating with a consolidated, wide-ranging, and continually updated source.
Uncovering aggregate effects of individual homeowner change events can help you improve profitability and optimize resources for new business growth.
Support consistent, granular underwriting and rating with simplified workflows powered by deep analytics and actionable data.
Hail is spreading out into new regions of the country that aren’t traditionally exposed to hail risk.
Read the articleMultiple homeowners insurers sought solutions to challenges around roof risk, and Verisk has created case studies to follow their journeys.
Read the articleKnowing a property's history, including changes in ownership and occupancy, is essential to paint a vivid picture of a property's condition.
Read the articleWith renovations increasing rapidly, the pressure to monitor property changes has increased to promote premium and ITV alignment.
Read the articleBy uncovering property change events during the policy life cycle, insurers can better understand their book of business.
Read the articleSmartSource in 360Value gives personal property insurers the current and comprehensive data they need to underwrite with confidence.
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