Our powerful pricing tool helps insurers independently analyze their own customized loss cost results in two easy steps:
After generating the loss costs, you can aggregate and review the information in many segments to evaluate market entry and exit opportunities and investigate other strategies. You can then easily include the detailed and aggregated lost cost results into your own systems and workflow for final pricing.
The E&S and reinsurance markets also make heavy usage of layering for reinsuring risks. For example, the E&S writer may take a 25 percent share of a $2.5 million xs $2.5 million layer for a $10 million risk. The Commercial Property Size-of-Loss Database (PSOLD™) model links seamlessly to ISO Rapid Valuator, including syndication capabilities when needed. You can quickly see the layer results on the individual exposures and in the aggregate across all exposures.
ISO Rapid Valuator is a combination of two Verisk E&S offerings: the ISO portal and PSOLD. The ISO portal provides the database you need to run ISO Rapid Valuator, and PSOLD provides the excess layering capabilities. You can also directly import from catastrophe model exposure submissions, such as the Touchstone® model from AIR Worldwide.