ProMetrix
Swift alerts to insurers can help prevent major commercial property losses
Verisk's High-Risk Notification Service helps identify conditions that can trigger unexpected claims.
Double-checking made easy: Commercial property underwriters can now access verified replacement cost estimates on demand
A new, customer-focused purchase option gives ProMetrix users the power to order 360Value commercial property replacement cost estimates on demand.
ProMetrix substantially enhances database: Core attributes now available on 12.2 million commercial properties
ProMetrix now includes CSP codes, ISO construction class, year built, number of stories, and square footage for 12.2 million commercial properties for a 100 percent hit…
High and inside: the crucial metrics commercial property underwriters need to avoid premium leakage
These are the important factors that commercial property underwriters need to watch for to help properly price their policies.
Three attributes of commercial properties that underwriters shouldn’t take for granted
Imprecise data can hurt both insurers and policyholders. Industry studies have found 75 percent of commercial buildings are underinsured.
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.
Onboarding case study: Preplanning and documentation
The implementation of new products or services can be challenging for customers. We’ve been on both sides of the equation, and we’ve drawn from that experience to develop…
Solving the challenges of new product implementation
Insurers need a fast, efficient, and well-supported onboarding process, especially when dealing with advanced tools and cutting-edge InsurTech solutions.
Aerial imagery takes commercial property underwriting, loss control, and rating to the next level
High-resolution images and data captured by Geomni’s remote sensing aircraft are deeply integrated into Verisk’s commercial property solutions.
Hurricane preparation for underwriters
Since April 2011, Verisk’s ISO field analysts have collected enhanced wind rating data from building surveys, including information on more than 40 characteristics…
Portfolio Assessment services: Plugging the holes from premium leakage
Insurers need to know where they’re losing money and address the leaks before suffering additional damage to their bottom line. Verisk's Portfolio Assessment services can…
Report sparks conversation about fires by occupancy or property type
Although commercial fires are less frequent than residential fires, the property damage these incidents cause is disproportionately higher, with losses in manufacturing…
Don’t lose out on loss histories
Obtaining loss histories can be problematic. But there are ways to get them easily, get a faster speed to quote, improve agency relationships, and improve your…
Early alert: Verisk's High-Risk Notification Service
When a field analyst conducts a property inspection and identifies a higher-than-normal risk, he or she immediately alerts the underwriter, letting the insurer act…
$4.5 billion in commercial property premium leakage due to misclassification
According to a Verisk analysis of commercial portfolios, that’s the estimated amount of commercial property premium leakage over the course of four years due to…