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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, whether they’re underwriting a cabin in the woods, a downtown professional building, or a highway strip mall. The less certain you are of what your customers and agents tell you, the shakier your footing may be.

The Laugh Ratios strip below frames the threat of bad data as an accident that could be waiting to happen in your portfolio. The cost and inconvenience of on-site inspections may lead some insurers to accept the risk of simply taking the information they’re given. But you may be able to bridge the information gap with technology such as OneXperience™ from Verisk. With remote inspections powered by mobile multimedia technology, artificial intelligence, and machine learning, you can put boots on the virtual ground.

Get a chuckle from the unfortunate wilderness guide in the comic below, and then consider how you can avoid getting tripped up by the wrong information. Learn about Verisk’s range of property inspection capabilities.

The Laugh Ratios strip below frames the threat of bad data as an accident that could be waiting to happen in your portfolio


Austin Tucker

Austin Tucker is senior underwriting product manager for personal lines at Verisk. You can reach him at Austin.Tucker@verisk.com.

Joseph A. Terzano

Joseph A. Terzano is client relationship manager, commercial property at Verisk. You can reach him at jterzano@verisk.com.


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