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VISUALIZE | INSIGHTS THAT POWER INNOVATION

Renewal Analytics

After Catastrophes
May 4, 2023

What happens after catastrophes? Protection in a time of loss

Despite mitigation measures, natural hazards may still cause damage, and insurers need actionable data to guide underwriting and pricing.

Insurtech Teaser
May 4, 2023

How insurtech can better determine sufficient contents coverage

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

Q1 Quarterly Report 23
January 18, 2023

As increases slow, reconstruction costs show signs of stabilizing

Total reconstruction costs, including materials and labor, increased 6.8% from January 2022 to January 2023, a drop from the last quarter.

Underinsurance Report Teaser
October 31, 2022

Keeping pulse: Tracking the latest price surges to maintain ITV

Verisk data shows the cost to rebuild a property is still more than 11 percent higher, on average, than it was pre-pandemic.

Roof Florida
July 15, 2022

Taking a data-driven view of evolving Florida roof risk

Florida’s statutory environment surrounding coverage for roofs may demand more robust data to clarify risk amid increasing complexity.

Reliable Commercial Property Valuations
March 9, 2022

Three strategies for reliable commercial property valuations

Enhance ITV with 360Value for Commercial Property, which includes monthly price updates and an a pioneering method for estimating contents.

Undisclosed Drivers In Insurance Portfolios
December 6, 2021

Identify hidden drivers throughout the policy life cycle

Undisclosed drivers cause the most premium leakage in auto insurance, but data across the policy life cycle can help tackle the problem.

Teaser
September 30, 2021

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.

Teaser
September 14, 2021

Unpacking the 2021 new normal for personal auto mileage

Personal auto mileage has fluctuated widely through the pandemic and the emerging new normal. It may be time for insurers to leverage analytics to avoid premium leakage.

Teaser
August 20, 2021

Steady increases continue for motor vehicle report fees

The cost of motor vehicle reports (MVRs) continues to climb for insurers; the latest Verisk analysis shows the nationwide average at $10.32.

Visualize Getty 654540178
August 5, 2020

Capturing mileage across a shifting auto insurance landscape

One statistic profoundly affected by COVID-19 lockdowns has been miles driven, and so capturing mileage more precisely may become critical for auto insurers.

Life Events Premium Leakage
November 16, 2017

You’ve changed: Life events fuel premium leakage

Like any long-term relationship, the one between an insurer and a policyholder is bound to evolve as circumstances change. Events in the customer’s life—marriage,…

Hurricane Irma Flood
November 1, 2017

Flood titles: In the wake of hurricanes

As Gulf Coast communities from Texas to the Florida Keys begin a years-long recovery from the onslaughts of hurricanes Harvey and Irma, another surge is on the way. This…

Speedometer 500
September 28, 2017

Mileage drives $5 billion in annual premium leakage

Underreported mileage is a major factor in claim volume, driving more than $5 billion each year in premium leakage.

Defining Data And Knowledge
September 26, 2017

Defining the nuances of data, information, and knowledge

Data-driven, big data. Knowledge worker, knowledge management. Information economy, information age. Such terms are tossed around all the time, but what do they really…

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