Loss control and risk reduction are two results of the same critical calculation for rating and competitive advantage. Verisk’s Risk Improvement Recommendations give you insights on building and occupancy hazards that help you reduce insured risks, control losses, and offer the most competitive quote.
Verisk’s Risk Improvement Recommendations provide information about observed building and occupancy deficiencies and hazards for millions of buildings in the ProMetrix® commercial property database.
Who's behind the Risk Improvement Recommendations?
Verisk’s experienced field analysts — specifically trained to identify loss exposures — conduct thorough on-site surveys of thousands of commercial buildings and businesses each year. The recommendations are the result of that extensive expertise and experience, and they provide another way to reduce your time and expense for underwriting and rating.
The value of Risk Improvement Recommendations
The statements help you:
- Apply improvement recommendation scenarios to the risk — in an interactive, iterative way — to observe changes in the rating and support cost-benefit analysis
- Determine the value of implementing recommended changes to hazardous conditions
- Identify conditions observed on-site by our highly trained field analysts
- Underwrite and price coverage more accurately