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Smarter and faster: Prefill data to help accelerate workflows

Does your prefill solution leave holes in your underwriting? Are homes or businesses not found, or critical data points left blank in individual applications? If so, you may face barriers to implementing low- or no-touch workflows around insurance-to-value.

Prefill Data Workflows

Low-touch or no-touch workflows

Prefill should excel at delivering data in two key measures:

  • Hit rate, or how often the prefill solution successfully locates a home or business
  • Fill rate, or how much of an application can be completed using the prefill data

Current and precisely curated data about a structure’s age, square footage, and use form the backbone of reliable reconstruction cost estimates (RCEs). Without confidence in those key characteristics of a structure, the estimates may be less trustworthy. Sophisticated modeling can help close the confidence gap for addresses where these attributes weren’t previously available.

For commercial buildings, combining the traditional expertise of experienced field-survey professionals with remote and virtual technology and advanced machine-learning models can help provide the detailed, property-specific data underwriters rely on for crucial ITV decisions.

Verisk innovation continues to improve hit rates and fill rates over time with a robust innovation roadmap.

Itv Alignment

As a leader in replacement cost estimation for more than 20 years, Verisk recommends five strategies to help avoid outdated valuations that could leave insurers and their customers vulnerable in the event of a total loss.

Download the report to learn more

Trish Hopkinson

Trish Hopkinson is Head of 360Value, for Verisk. You can reach Trish at

Joel Teemant

Joel Teemant is product director, 360Value commercial lines, for Verisk. He can be reached at

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