Auto Usage-Based Insurance
The magnitude of the mileage problem in personal auto
Perception and reality often diverge when drivers estimate how many miles they drive in a year. Verisk’s 2018 Verified Mileage Study helps measure the difference: About…
Verisk named People's Choice Innovation Vendor of the Year by Insurance Nexus
Insurance Nexus, a global provider of insights and events for the insurance industry, has named Verisk as its People’s Choice Innovation Vendor of the Year.
Rethinking insurance for a rapidly changing world
The growth of smartphones and online shopping has changed consumers' expectations. They want a fast, accurate, and personalized buying experience. They want coverages for…
Interview: Into the future with ADAS and vehicle autonomy
Andrew Blancher, director of commercial auto product development at ISO, recently interviewed David Zuby, executive vice president and chief research officer at the…
Omnitracs to join Verisk Data Exchange
Omnitracs, LLC, a global pioneer of fleet management solutions to transportation and logistics companies will join the Verisk Data Exchange™. Omnitracs will now offer its…
The Verisk Telematics Innovation Center: Advancing telematics
Spotam, an Israeli consultancy and research firm focusing on telematics, location-based services, and the Internet of Things, recently interviewed Avner Freiberger…
The missing piece in commercial auto risk assessment: Vehicle characteristics
The sources of risk for a commercial auto policy can be largely broken down into three main categories: what vehicle is being driven, how and where is it driven, and who…
UBI: A tool for growth and inclusion
About one in eight U.S. drivers doesn't purchase insurance, representing an intriguing and untapped market for insurers. Usage-based insurance (UBI) may raise a…
The telematics advantage: Driving data on the spot
By having telematics data available for claims management, consumers and insurers alike could gain a better understanding of how to mitigate claims — almost before they…
How smart devices are providing the data claims professionals need
The growing number of smart devices in households and the fact that Parks Associates estimates that up to 25 percent of U.S. broadband households utilize a security…
Telemetry data: What information works best?
Since the initial trials of UBI, three cost factors—hardware, data, and analytics—have been the primary considerations as to how and what data elements each company…
New technologies reshape automotive risk
Telematics, advanced driver-assistance systems, and autonomous vehicles are rapidly refining risk management. Will traditional auto policies one day go the way of the…
Opening the gateway to model-ready telematics data
For insurers developing UBI programs or considering this market, the journey begins with usable data—and the Verisk Data Exchange has it.
Options for achieving Internet of Things security
There are many issues that make security specifically challenging in IoT devices. For example, many—especially older ones—don’t have a mechanism for updates. Compounding…
Verisk Data Exchange offers smartphone telematics solution
Verisk and Driveway Software recently announced an alliance to develop a smartphone telematics solution, which combines Driveway's smartphone telematics platform for data…