LightSpeed

10/21/2022 - 3 min read

Reimagine small commercial underwriting with better, broader data

Automated underwriting requires high-quality data. The quote must be informed by a holistic view of the applicant’s risk profile.

5/19/2022 - 1 min read

Not a monster: How insurers can accelerate their digital transformations, one step at a time

With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage.

5/5/2022 - 7 min read

Between a rock and a hard market: Solutions for personal auto

Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.

3/31/2022 - 1 min read

Personal lines insurance quoting can be a smoother journey—no kidding

Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.

3/11/2022 - 4 min read

How to extract more value from auto insurance underwriting data

Competition and growing digital information sources demand that auto insurers balance underwriting data consumption with cost efficiency.

3/2/2022 - 3 min read

Automating more homeowners quotes via efficient, reliable underwriting

Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.

2/17/2022 - 4 min read

Insurers get a clearer picture of risk exposure with image analytics

Verisk is using image analytics technology to extract meaningful insights from images to help streamline small commercial underwriting.

Commercial And Personal Auto Insurance Digitization

1/6/2022 - 3 min read

Transform auto quote experiences for what comes next

Increasing speed is becoming the norm for auto insurance quotes, driving digital transformation and data-forward strategies.

10/15/2021 - 4 min read

Cutting through the data noise in small commercial

Small commercial insurance data needs to be clean, relevant, and insightful to support streamlined underwriting without the noise.

9/30/2021 - 4 min read

Accelerating competitiveness with a digital auto insurance ecosystem

How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.

8/11/2021 - 4 min read

Auto growth and resiliency demand scalable underwriting tech

Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.

6/15/2021 - 1 min read

Finding the right chemistry for auto underwriting—today and tomorrow

Verisk hosted a webinar on innovative underwriting strategies to help personal and commercial auto insurers navigate change.

4/14/2021 - 3 min read

Personal auto research: Application integrity down, fraud up

Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.

8/12/2020 - 4 min read

9 likely new-normal scenarios for personal auto insurance

As personal auto insurers navigate the coronavirus recession and recovery, complex social and economic trends appear set to shape the industry’s “new normal.”

12/13/2019 - 5 min read

Distracted driving and commercial auto

You read about accidents caused by distracted drivers in the news all the time. It’s a serious issue and one that deserves attention by commercial auto insurers.