Powered by innovation and bolstered by industry expertise and unmatched data and analytics, LightSpeed® Small Commercial enables automated underwriting without sacrificing the risk insights that help you compete and grow a profitable book of business.
Shrink quote turnaround time from days to seconds with robust data-driven analytics and deep risk insights to issue and bind more policies.
Get a more holistic picture of each risk from LightSpeed’s strategic application of artificial intelligence (AI) models to unstructured data sources.
Enter a business name and address and instantly see a full view of an applicant’s risk, including prefill data, proper business classification, and actionable insurance insights.
Accelerate underwriters' quote-to-bind journeys, increasing revenue growth and/or improving loss ratios.
Insights for nearly all small and medium-sized businesses.
Proprietary verified business firmographics, site-verified and Verisk-modeled property data, management activity insights, and location-specific information in a single API.
Seamless integration of insights derived from unstructured business text and images, including millions of data points from profiles and reviews.
Trusted advisers to help implement digital workflow processes.
Proprietary 8-digit NAICS codes for deeper classification granularity.
Connection to the Verisk ecosystem of solutions for commercial lines insurers, including insurance-specific underwriting data and analytics for commercial properties.
Verisk's unrivaled actuarial expertise, predictive models, and rich underwriting data analytics provide us with a powerful platform for profitable growth.
- Patrick Safino
- COO, Aurenity
Verisk’s value extends beyond data accuracy. It’s part of the engine allowing us to bring tailored coverages to small businesses.
- GILD Insurance
With LightSpeed Small Commercial, we found an innovative underwriting solution that will help us shorten submission forms and automate decisioning, quote generation, and policy issuance.
- Cliff Karlin
- President of Insurance, Blitz
Verisk will analyze your existing small commercial portfolio and deliver a spreadsheet showing all available risk attributes. Tap into complete business profiles that help uncover full hazard, exposure, and operational information for cleansing portfolios, aligning coverage, and pricing with exposure-based or actuarially modeled risk correlations.
Leverage the pre-built integration for LightSpeed Small Commercial with Duck Creek to help support seamless workflows.
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