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VISUALIZE | INSIGHTS THAT POWER INNOVATION

Renewal Analytics

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…

7714
September 6, 2017

Auto frequency, severity: Woes persist

An updated Verisk analysis shows that the elevated auto claim frequency and severity that emerged in 2014 and continued into 2015 did not subside in 2016.

7706
August 30, 2017

Avoid vehicle errors to curb premium leakage

A Verisk analysis reveals that misinformation about insured vehicles accounts for billions of dollars in premium leakage for personal auto insurers.

7689
August 15, 2017

For actionable building information, you need to COPE

There’s a lot of information one can gather on a building or commercial property. Regardless of the perils being considered, the more reliable and precise that…

7604
August 1, 2017

Garaging errors: A significant cause of premium leakage

A Verisk analysis found more than 10 percent of auto policies had verifiable garaging address defects—and that adds up to $3 billion in annual premium leakage.

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