Loss Cost
Can insurers make finding growth opportunities easy? Absolutely
Here's one way to stay ahead of the competition.
Modeling Fundamentals: AIR Industry Exposure Databases
Industry exposure databases provide counts of all insurable properties and their replacement values, and serve as the foundation for all modeled industry loss estimates
Why we’re building the future of actuarial analysis in the cloud
Learn how the migration of ISO ratemaking systems to the cloud will deliver added value for Verisk customers.
November 2020 preview: Historical catastrophe activity
The last ten Novembers saw a total of 17 PCS catastrophe designations, which consisted of ten wind and thunderstorm events, three wildland fires, three winter storms, and…
Why improving subrogation may be more valuable than adding a policyholder
Investing in subrogation operations can yield a better ROI than acquiring a new policyholder
Maximizing recovers boost customer satisfaction better subrogation
An effective subrogation operation is built on data and analysis
The not-so-secret sauce of ISO Loss Costs
Learn the methods and techniques Verisk uses to make ISO Loss Costs more valuable to insurers.
Next Generation Modeling: Loss Accumulation
With newly available claims data and computational techniques, AIR has calibrated the financial engine of our catastrophe models to accurately represent loss accumulation
Automation requires emotional intelligence to deal with large loss claims handling
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.
October 2020 preview: Historical catastrophe activity
In the last ten years, there’s been 32 PCS catastrophe events in October, including 20 wind and thunderstorm events, four hurricanes, five wildland fires, two tropical…
The future of claims: Delivering at the moment of truth
The future of claims is about elevating the customer experience, and insurers that aggressively pursue digital enablement today will be primed to excel tomorrow.
September 2020 preview: Historical catastrophe activity
The NOAA Climate Prediction Center has raised the likelihood of an above-normal 2020 hurricane season to an 85 percent chance.
5 claims lessons from the COVID-19 pandemic
Today, we can examine insurance trends that are likely to continue post-COVID-19. Here are some key takeaways for insurers as a new chapter unfolds across the industry.
2020 August preview: Historical catastrophe activity
The 2020 Atlantic hurricane season is still expected to be a busy one, despite a brief lull in activity after a fast start in May and June. Although the hurricane season…
July 2020 preview: Historical catastrophe activity
Last year tied for the second most active July in PCS® history, with seven designated catastrophes, including five wind and thunderstorm events, an earthquake, and a…