Prefill application details, amplified with analytics, can fuel small commercial underwriting automation by tapping unstructured data
Automated underwriting requires high-quality data. The quote must be informed by a holistic view of the applicant’s risk profile.
With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage, from time-consuming and…
Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.
Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.
Competition and growing digital information sources demand that auto insurers balance underwriting data consumption with cost efficiency.
Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.
Verisk is using image analytics technology to extract meaningful insights from images to help streamline small commercial underwriting.
Increasing speed is becoming the norm for auto insurance quotes, driving digital transformation and data-forward strategies.
Small commercial insurance data needs to be clean, relevant, and insightful to support streamlined underwriting without the noise.
How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.
The Verisk Data Exchange recognized as 2021 Company of the Year for Industry Excellence by Frost & Sullivan
Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.
Verisk hosted a webinar on innovative underwriting strategies to help personal and commercial auto insurers navigate change.
Turn connected cars into a new marketing channel that supports profitable growth in personal auto insurance by using telematics information for proactive prospecting.
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