Casualty Underwriting Advantage Report

Misclassifications and a lack of granular data often cause errors in selecting and pricing risks, and that can negatively affect your profitability and the costs to customers. To avoid improperly pricing a liability policy, you need complete and accurate information. But until now, obtaining reliable information has been difficult, if not impossible. With the Verisk Casualty Underwriting Advantage Report—an enhanced report that features a wide range of critical information—underwriters get a comprehensive, single-source, point-of-sale report that provides information you can count on.

The Casualty Underwriting Advantage Report eliminates the need for time-intensive research to complete and confirm an application. An in-depth risk evaluation validates existing information and identifies new information to make sure you have the proper risk selection and pricing. That benefits both you and your insureds, because premium properly reflects coverages.

The report is available through our ProMetrix® ordering platform and includes:

  • type of business
  • business registration and licenses
  • number of employees
  • estimated annual sales
  • credit history metrics
  • relative credit grading
  • OSHA and health department inspections and violations
  • observed hazards
  • property details
  • risk potential of neighboring businesses
  • business firmographics
  • parent company data
  • recent news about the business you’re researching

We help you improve risk selection by profiling specific risks based on certain characteristics. We deliver data, analytics, and metrics you can’t get from any other provider—all in one simple-to-understand report. We help you improve risk selection by profiling specific risks based on certain characteristics. We deliver data, analytics, and metrics you can’t get from any other provider — all in one simple-to-understand report.

Fast, accurate underwriting decisions

Perhaps best of all, you get this actionable information aggregated in one easy-to-use interface. The report eliminates the need to rely on self-reported audits, perform days of research, or price spontaneously. You won’t have to guess at a business’s classification, exposure, or management efficiency, because the report provides a comprehensive picture of the risk. That includes characteristics and incidents that represent specific, tangible risks along with valuable estimates of management quality.

The data we supply is credible, accurate, complete, and not available from any other single source. You’ll make speedier quotes, adhere to your underwriting guidelines, process more applications, write more profitable business, and provide your customers with proper rates.

Ultimately, better pricing and risk management help improve your relationship with your insureds. They can count on their liability coverage when they need it, and you’ll increase your profitability.

For more information about the Casualty Underwriting Advantage Report

  • Call Verisk Customer Support at 1-800-888-4476.