Small Commercial Resources
Brochures
Business Name + Address = Quote
Did you know that seven in 10 underwriters report losing deals by taking too long to process small and medium-sized business applications?
Download the brochure
Is bad data draining your bottom line? We can help
How insurers can improve their underwriting accuracy in the small commercial market through more accurate classifications.
Download the brochure
We can help boost your BOP and small commercial business with accurate underwriting insights
How the underwriting analytics delivered by LightSpeed Small Commercial can help insurers capitalize on the small business boom.
Download the brochure
The power of LightSpeed Small Commercial
Learn how LightSpeed Small Commercial can help insurers underwrite small and mid-sized businesses in the contractor, hospitality, bar, restaurant, and retail industries.
Download the brochure
Ready to invest in powerful underwriting analytics?
What insurance company CIOs, CTOs and IT personnel need to know about integrating the LightSpeed Small Commercial API into their systems.
Download the brochure
Is your underwriting data delivering value at each stage of the policy lifecycle?
Learn how the high-quality underwriting data and analytics in LightSpeed Small Commercial can help insurers throughout the policy lifecycle.
Download the brochure
Want to quote small commercial business in seconds?
It’s easy to gain powerful underwriting insights into small commercial insurance risks with LightSpeed® Small Commercial from Verisk.
Download the brochure
The era of automated small commercial underwriting is here
LightSpeed Small Commercial from Verisk can support insurers along every step of the automated underwriting journey with high-quality data and actionable analytics.
Download the brochureVideos
Beyond Prefill: Automating Small Commercial Underwriting, for Real
With data analytics powered by machine learning, AI and computer vision, LightSpeed Small Commercial gives insurers tools to transform their risk rating and underwriting.
Watch the video
Actionable insurance insights built on cutting-edge technology
Small business risk exposures can lie in plain sight, but without the right technology, you may never find them. That’s why we built LightSpeed® Small Commercial.
Watch the video
Trends in small commercial digitization
In the fiercely competitive market for small commercial insurance, carriers and brokers are no longer just talking about digitization—they’re making it a reality.
Watch the videoWebinars on demand
Unleash the Power of Analytics in Your Small Commercial Underwriting
In the race to win more small commercial business insurers need to deliver faster, more accurate quotes, and high-quality data and analytics can make all the difference.
View the webinar on demandImage Analytics: Gaining A Competitive Edge in Small Commercial Underwriting
Learn how to easily integrate image analytics to gain a clearer understanding of risk, shorten the time to quote, contain premium leakage, and improve retention.
View the webinar on demandThe Race to Zero: Automating Small Commercial Underwriting
In this webinar, learn how using automated underwriting can improve customer and agent experience.
View the webinar on demandImproving Small Commercial Underwriting Outcomes with AI
In this webinar, we’ll explore the real-world benefits of AI/ML in a commercial underwriting environment.
View the webinar on demandThe Four Keys to Winnng the Race to Zero
In this webinar, we explore how a holistic, automated underwriting strategy can help carriers achieve their goals and better serve their customers.
View the webinar on demandReports
Beyond the Buzzword: Understanding the power of AI in small commercial underwriting
Learn how artificial intelligence and machine learning are reshaping the landscape of small commercial insurance underwriting.
Download the report
Automated Underwriting: Winning in the Race to Zero
For effective automated underwriting, insurers must master the intersection of data, analytics, workflow, and technology.
Download the report
How image analytics is transforming data-driven underwriting for small commercial insurers
Image Analytics: artificial intelligence, machine learning, and computer vision combine to deliver insurance-ready insights to empower your automated underwriting journey
Download the report
Reduce the noise in small commercial data
Identifying the essentials can put you ahead in the race to zero questions.
Download the report
Stretching Your Playbook for Middle Market Expansion
A strong foundation in small commercial business is a good start. Small commercial and smaller middle market accounts share a similar industry and core lines composition.
Download the report
High-quality data providers accelerate small commercial underwriting
There’s so much that goes into developing a high-quality small commercial underwriting data solution—from data governance and sourcing to compliance and model building.
Download the reportPodcasts
Harnessing Insights with a Data-First Underwriting Strategy
Data-first strategies have provided commercial lines underwriters with quick and easy access to large amounts of information on applicants.
Listen to the podcastHow Data and Analytics Are Transforming the Risk Business
Maroun Mourad looks at the new world of risk in this podcast interview.
Listen to the podcastAutomated Underwriting: The Race to “Zero Questions Asked”
As automated underwriting grows, it’s critical to remember the importance of leveraging solid data and analytics quickly, with scale, and without compromising guidelines.
Listen to the podcastCutting through the Data Noise in Small Commercial Underwriting
Underwriters are working with a wealth of data at their disposal, but finding the right data at the right time can still be a challenge.
Listen to the podcastUnderwriting Small Commercial Property with Tracey Waller of ISO (Part 1)
On this episode of Conversations on the Creek, Rob Savitsky and Robert Fletcher from Duck Creek talk with Tracey Waller of ISO about underwriting small commercial property risk, and the impact of data informing better outcomes for carriers.
Underwriting Small Commercial Property with Tracey Waller of ISO (Part 2)
On this episode of Conversations on the Creek, Rob Savitsky and Robert Fletcher from Duck Creek continue the discussion with Tracey Waller of ISO about underwriting small commercial property risk, and the impact of data informing better outcomes for carriers.
Articles
How wildfire activity is affecting Northern California for the long haul
With the wine industry estimating over $3 billion in losses due to these fire events, the spotlight on wildfire risk in Northern California remains as acute as ever.
Read the article
Four advantages AI brings to small commercial underwriting
Learn how artificial intelligence helps small commercial insurers unlock powerful new data sources and game-changing workflow efficiences.
Read the article
Not a monster: How insurers can accelerate their digital transformations, one step at a time
With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage, from time-consuming and…
Read the article
Don’t be fooled again: How to understand data quality metrics
What data quality metrics should small commercial insurers focus on? Here's what you need to know.
Read the article
Can’t see all of the property risks? You could be headed for a fall
Unverified property information is an ever-present pitfall for many insurers; mobile virtual inspection technology can help.
Read the article
Insurers get a clearer picture of risk exposure with image analytics
Verisk is using image analytics technology to extract meaningful insights from images to help streamline small commercial underwriting.
Read the article
Get a head start on your strategic planning for 2022 and beyond
Taking steps to sustain your competitive advantages today will be essential for profitable growth tomorrow.
Read the article
Major coverage enhancements coming to the ISO Businessowners program
Learn how the ISO Businessowners program is evolving to tackle a wide range of new risk exposures.
Read the articlePress releases
West Bend Mutual Insurance Company Accelerates its Underwriting with Verisk Solution
West Bend Mutual Insurance Company is transforming its underwriting and customer experience with the data and analytics of LightSpeed® Small Commercial from Verisk
Read the press releaseVerisk AI Leverages Yelp Data to Help Insurers Underwrite Small Commercial Risk
To help insurers serve the changing marketplace, Verisk is leveraging artificial intelligence (AI) and image analytics to generate insights...
Read the press releaseUtica National Accelerates Digital Transformation with Small Commercial Data and Analytics from Verisk
The member companies of the Utica National Insurance Group are accelerating the digital transformation of its underwriting process with an ecosystem of robust data...
Read the press releaseVerisk Enhances ISO Businessowners Program to Help Carriers Rate Risk with Greater Accuracy in Evolving Business Climate
As the economy and workplace evolve with the growth of artisanal entrepreneurs, new technologies and gig economy side hustles, so have the exposures that insurers face.
Read the press releaseAurenity Leverages Verisk Solutions for Risk Insight and Pricing in E&S Market
Aurenity is continuing its expertise-led and technology-enabled build-out by licensing multiple underwriting and rating solutions from Verisk.
Read the press release