Rating-as-a-Service (RaaS) allows insurers to receive Verisk’s ISO Electronic Rating Content (ERC) with a cloud-based API.
The next generation of ERC offers cloud-based deployment, a smart API, and technology upgrades that reduce the use of scarce IT resources.
Verisk has dramatically expanded the available consumption models for ISO rating content, including a new cloud-based “Rating as a Service,” or RaaS, model.
Leveraging with ISO ERC, Vehicle Prefill, and RACA, insurers can more quickly develop and introduce new products with speed, efficiency, confidence and results.
Insurers that process regulatory changes manually could dramatically reduce costs by using ISO Electronic Rating Content.
ISO ERC allows insurers to ingest ISO rating content electronically through XML, simplifying maintenance and update while giving those insurers flexibility to use their…
Recent research conducted by Celent shows insurers that use Verisk’s ISO Electronic Rating ContentTM (ERCTM) are more likely to be current and spend less time processing…
You will soon be redirected to the 3E website. If the page has not redirected, please visit the 3E site here. Please visit our newsroom to learn more about this agreement: Verisk Announces Sale of 3E Business to New Mountain Capital.