Precision technologies are making information for underwriting decisions more abundant and accessible than ever before, with predictive analytics multiplying the power of…
Many auto insurance companies focus on retention to combat reductions in premium, but they shouldn't neglect risk management.
Getting mileage information right is a competitive necessity for auto insurers. New tools make it possible.
Verisk analysis shows how to improve and reduce the cost of the customer acquisition process, for both the consumer and the insurer.
Infographic: Life events that affect auto underwriting risk can change anytime.
Prevent fraud; ensure a more complete, accurate application; and identify high-quality insurance applicants early in the quote phase.
Vehicle module for liability offers new liability symbols and components in finer detail down to the vehicle level, not just the vehicle series level.
Policyholder driving violation information is an important part of auto underwriting, but the high expense requires insurers to think outside the box.
Verisk Underwriting analysis shows postaudit mileage estimates were greater than pre-audit, on-file estimates.
Industry estimates put total auto insurance losses due to fraud and rate evasion between $12 billion and $24 billion annually.
Inovatus, LLC, Alpharetta, Georgia. is now part of Verisk Insurance Solutions, bringing proprietary predictive models that improve insurance underwriting and rating.
Quality Planning Corporation has been part of Verisk Analytics since 2004. Verisk is now formally integrating the QPC suite of services into Verisk Insurance Solutions.
Insurance companies have been busy in recent years developing various mobile apps, such as bill pay and claim reporting.
Interview with Brian Sullivan discussing how he got started in the insurance industry, the evolution of his publications and conferences, and key industry trends.
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