Evaluating property risk is increasingly complex and data-intensive. You can simplify workflows and accelerate underwriting and rating with a consolidated, wide-ranging, and continually updated source.
Integrating new data sources and technology can demand significant IT resources and time. Verisk backs its underwriting data solutions with a robust, flexible architecture to deliver near-instantaneous information when insurers need it.
Reconstruction costs can change over time, and at different rates. Each quarter, Verisk’s reconstruction cost data reports provide reconstruction cost trends at the national and state levels.
As a leader in replacement cost estimation for more than 20 years, Verisk recommends five strategies to help avoid outdated valuations that could leave insurers and their customers vulnerable.
The cost and structural complexity of a roof, coupled with its critical role as protection from the elements, can raise particular concerns for many property insurance underwriters.
Insurers may consider carefully how well equipped they are to manage their Florida homeowners exposure. Verisk stands ready to help evaluate these portfolios using multiple sources and types of data and analytics.
Examine recent activity, trends, and data-driven tools that can help measure and mitigate risk surrounding destructive categories of hazards.
Download the reportVerisk’s wildfire risk analysis determines the number and percentage of properties at high and extreme risk from wildfire in the 13 most wildfire-prone states and two Canadian provinces.
As wildfires and other natural catastrophes grow in frequency and severity, so does the value of data ecosystems to help insurers gain a comprehensive view of property risk, from address-level exposure to up-to-date reconstruction costs.
Discovering property change events helps insurers obtain a clearer view of their portfolio to help focus on profitability, maintain underwriting standards, and focus on new business growth.
Branch is delivering fast, simple transactions for consumers that improve the customer experience and lift conversion rates by integrating granular reliable data...
Read the press releaseOpenly, a growing provider of homeowners insurance, is delivering a modern, simplified customer experience powered by advanced technology and data from Verisk.
Read the press releaseAs California insurers face new regulatory measures to address rating of property coverage in wildfire-prone areas, Verisk stands ready to help the industry navigate...
Read the press releaseVerisk, a leading global data analytics provider, announced today the expanded integration of its 360Value® replacement cost estimates on Duck Creek’s Content Exchange.
Read the press releaseVYRD is transforming the experience of buying insurance in the challenging Florida market with reliable data from Verisk
Read the press releaseMountain West Farm Bureau Insurance Co. is implementing Verisk’s market-leading solution for property reconstruction cost estimates.
Read the press releasePioneer State Mutual is transforming its property underwriting.
Read the press releaseDetermining the right level of protection requires detailed knowledge, from foundation to rooftop, sidewalk to garden shed. Learn how Verisk residential property intelligence solutions can help you better underwrite and manage risk.
With 360Value, your replacement cost estimates can accurately reflect real-world prices for labor and materials, based on extensive research, direct data feeds, claims analyses, and communication with 92,000 claims and building contractors
Speed wins today’s customer, and you can move faster with Verisk’s ecosystem of data-forward solutions for personal property workflows. Digital transformation could be your key to profitable growth.
In this session, we’ll examine how detailed reconstruction cost and permit data together can capture market forces and property changes for more current ITV calculations.
View the webinar on demandNatural catastrophes generated $176B in claims across the U.S. in 2020 and 2021, as weather-related threats and property development accelerated in vulnerable areas.
View the webinar on demandThis webinar explores the latest replacement cost trends, and the importance of our new property confidence scores
View the webinar on demandBacked by the power of the Verisk ecosystem, OneXperience allows insurers to gain a comprehensive view of property risk.
View the webinar on demandVerisk offers five key strategies to help avoid underinsurance and outdated valuations that could leave you and your customers vulnerable in the event of a total loss.
View the webinar on demandOur experts will investigate the potential impacts of climate change on wildfire, and examine how the insurance industry can account for this peril.
View the webinar on demandThis session explores emerging capabilities and analytics derived from our aerial imagery and roof analytics to help capture a comprehensive view of property risk.
View the webinar on demandIn this session, we’ll discuss how robust data and advanced analytics can help insurers verify critical changes to homes throughout the policy life cycle.
View the webinar on demandInsuring Agritainment: Evolving solutions for a 200-year-old business
Read the articleA new law is expected to have a far-reaching impact on the Florida insurance market.
Read the articleInsurers must explore changes affecting their risk portfolio and leverage component- and property-level insights to help them maintain ITV.
Read the articleAs climate change unfolds, hurricanes give a high-profile glimpse into the potential effects of a warming world.
Read the articleCurrent and curated data about a structure’s age, square footage, and use are the backbone of reliable reconstruction cost estimates (RCEs).
Read the articleTotal reconstruction costs increased 4.3% from July 2022 to July 2023. This uptick follows the 3.1% increase from April 2022 to April 2023.
Read the articleAs e-bikes become more popular, there are increasing concerns insurers must consider.
Read the articleMarket value and reconstruction cost estimates are unique measures subject to different forces; only RCEs should be used for coverage.
Read the article