Verisk’s ISO Electronic Rating Content™ (ERC™)
Want to significantly reduce the amount of time and effort you put into updating your rating content?
Verisk’s ISO ERC helps you keep up with changing advisory loss costs, rules, and forms so you can devote more energy to revenue-generating activities. Streamline your update process and spend more time focusing on the business impact.
Watch our on demand webinar to discover how Verisk’s new Rating-as-a-Service can help promote speed, accuracy, and automation.
Rating-as-a-Service: A fresh new way to think about rating
Rating-as-a-Service: A fresh new way to think about rating
Commercial lines insurance is less complicated when your rating data comes from the experts who wrote the book on it. Discover how cloud-based rating content can help you write policies faster.
Verisk’s ISO Electronic Rating Content
Keeping current with regulatory changes and updates to Verisk’s commercial lines programs can be expensive and time-consuming. It doesn’t have to be.
Discover how Verisk’s expanded deployment models simplify how you receive and consume the information. Learn about new ERC features, including automated testing and validation.
Deployment options
Verisk’s ISO ERC is now available in more easy-to-use options than ever.
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Verisk’s ISO Rating-as-a-Service (RaaS)
We now offer a cloud-based rating solution where you make a rating call and receive the rating results—all without having to install or maintain our rating content. The rating software is supported by a smart API and can be accessed with your user interface.
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Human-Readable Content (HRC)
Implementation-level details are delivered through intuitive HTML files for easy viewing and navigation. Streamline the analysis and interpretation steps of the development process.
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Machine‑Readable Content (MRC)
The most automated and efficient option delivers our rating data and rules in easy‑to‑consume files. The rating data is delivered in comma‑separated values (CSV) files, and the rules are delivered in XML so they can be consumed directly into your rating engine.
Next Generation Verisk ISO ERC Solution: Digital Access to ISO Loss Costs, Rules, and Forms
Does a cloud-based solution with greater agility, flexibility, and efficiency sound good to you?
Verisk’s ISO ERC is available for these ISO programs
- Automobile
- Property
- General liability
- Inland marine (filed)
- Crime and fidelity
- Businessowners
- Package policy
- Umbrella
Verisk’s ISO ERC also supports non-ISO lines, including workers compensation.
Pick your Verisk rating partners wisely
Pick your Verisk rating partners wisely
Think all rating and policy admin technology vendors are created equal? Think again.
There can be a significant difference between ISO Commercial Lines Manual-based rating engines developed by vendors licensing ISO ERC and rating engines from a vendor that doesn’t use ISO ERC.
Complementary solutions
Additional insights
What insurers need to know about ISO Commercial Lines Manual rating engine vendors
Here's the difference between an insurance rating engine that uses ISO Electronic Rating Content™ (ISO ERC) and one that doesn't.
Read the article
Stop hitting snooze on your rating updates
Is the process of updating your commercial lines insurance rating content keeping you up nights? It's time for a cloud rating engine.
Read the article
How innovative insurers can launch commercial lines products faster
Learn how commercial lines insurers are leveraging the power of a standardized rating engine to help them spin up new products quickly.
Read the article