Motor insurers may struggle to process the data around existing ADAS features in a vehicle and turn it into useful underwriting information.
The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.
Reliable data is an indispensable resource for actuaries, whether they are novices or seasoned practitioners.
Learn about cross-class clash, it's potential impact to your organization and how Verisk solutions can help you address it.
While targeted ransomware usually only affects individual companies, certain events can be correlated in terms of when and how they experience loss.
The increasing scale and sophistication of ransomware attacks – as seen with Colonial Pipeline – has highlighted the importance of greater industry collaboration to…
Inconsistencies and a lack of standardisation in cyber insurance are persistent challenges that can hinder the development of a market still in its early days.
Insurance service delivery has undergone extensive change, with customer convenience ushering in more and new technologies.
Evaluate enterprise-wide risk and gain insights into your global exposures with Enterprise Exposure Manager.
Pet insurance customers are not always aware of the restrictions on their policies, and a lack of clarity around limits, copayments, and pre-existing medical conditions…
As wintry weather sweeps across the UK, many insurers are cognisant that another potential 'Beast from the East' or wave of unusually cold spells could lead to a surge in…
Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.
The use of external data can help insurers identify potential fraud, but also shorten the customer journey by validating information more efficiently.
Large loss claims can be streamlined by AI and automation, but needs the emotional intelligence brought to claims resolution by the handler and the insurer.
Digital technology has become critical to provide core claims services during lockdown. Verisk is at the forefront in this field with a full range of claims solutions.