From quote to renewal, a virtual inspections are a good option for insurers to account for risks while promoting safety and maintaining the workflow of a farm.
COVID-19 has accelerated the digitization of insurance. Now, more than ever, insurers are turning to virtual technology and AI to help serve customers.
The COVID-19 pandemic has slowed new residential construction, and property/casualty insurers are likely to see a similar trend in new business submissions.
Verisk is exploring the creation of an excess and surplus (E&S) data pool to help insurers do a better job selecting risks and pricing insurance policies.
Recent research conducted by Celent shows insurers that use Verisk’s ISO Electronic Rating Content are more likely to be current and spend less time processing changes.
There are many reasons a small firm might choose not to buy EPLI or D&O - but any company with employees, customers, or vendors can be sued for alleged workplace misconduct.
Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.
The Verisk Growth and Profitability Analytics (GPA) platform brings together several ISO data solutions designed to help you grow your business and maximize profitability.