ISO Electronic Rating Content™ (ERC™)—working with Guidewire—is further expanding its ability to help property and casualty insurers be more nimble, efficient, and cost effective.
Guidewire, through its Product Content Management™, offers access to ISO programs via ISO ERC for businessowners, commercial auto, commercial property, crime, general liability, and workers' compensation.To date, more than 30 Guidewire PolicyCenter™customers have elected to use Guidewire's Product Content Management based on ISO ERC to update their rating content for commercial lines.
Managing ISO rating content with Guidewire Product Content Management makes it easier for insurers to stay current with the latest commercial lines rules and advisory loss costs because the rating content is received electronically and updated automatically.
Verisk and its ISO business are members of the Guidewire PartnerConnect™ Solution program, a network of select companies that provide complementary software, technology, data, and insurance support solutions to enhance and extend the capabilities of Guidewire products. Guidewire is also a member of Verisk Strategic Alliances and licenses a wide variety of ISO data, information, and related products.