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VISUALIZE | INSIGHTS THAT POWER INNOVATION

Renewal Analytics

7547
June 7, 2017

The mystery of deteriorating loss ratios

A new Verisk Innovation Paper, Application Integrity: The Whole Truth, explores the mystery of three large personal automobile insurance carriers that were struggling…

7509
May 4, 2017

Mispriced driver risk: A leading source of premium leakage

Misrepresented driver risks are the top overall source of premium leakage for insurers, accounting for $16.5 billion a year.

7438
March 7, 2017

Auto insurance premium leakage: A $29B problem for the industry

This is the first article in a multi-part series based on the Innovation Paper from Verisk Insurance Solutions, The Challenge of Auto Insurance Premium Leakage

7293
November 3, 2016

Personal lines transformation: underwriting in the age of innovation

Precision technologies are making information for underwriting decisions more abundant and accessible than ever before, with predictive analytics multiplying the power of…

6774
October 7, 2016

For insurers, risk management as important as retention efforts

Many auto insurance companies focus on retention to combat reductions in premium, but they shouldn't neglect risk management.

6809
September 7, 2016

How do motor vehicle report fees affect insurers?

A Verisk analysis finds that motor vehicle report (MVR) fees have increased an average of almost 50 percent during the past ten years and discusses ways for insurers to…

6828
November 11, 2015

Underwriting practices and solutions evolve as MVR costs rise

A Verisk analysis finds that motor vehicle report (MVR) fees have increased an average of almost 50 percent during the past ten years and discusses ways to save.

6811
October 1, 2015

Verisk to pilot Texas Driver Record Monitoring Service

Verisk’s iiX will pilot the Texas Driver Record Monitoring Service (DRMS) to enable insurers to monitor the driving records for adverse activity.

6685
September 11, 2015

Validating coverage for undisclosed drivers stems premium leakage

Case study: Validating coverage for undisclosed drivers stems premium leakage

6679
September 1, 2015

Louisiana House Bill 638 sets fine for insurance noncompliance

Louisiana House Bill 638 imposes maximum fine of $525 for failure to pay or resolve notice of noncompliance with state's compulsory insurance law.

6718
July 1, 2015

Retention with profit: Best practices for auto underwriting

Enhanced underwriting practices required in response to emerging technology trends, tight competition, fraud risk.

6711
July 1, 2015

GarageConfirm alerts auto insurers to potential garage fraud

Verisk GarageConfirm leverages more than 4 billion records in license plate database to help insurers identify and combat garaging fraud.

6706
July 1, 2015

DMV prohibits sale of New York vehicle registration reports

The New York Department of Motor Vehicles has interpreted state law as prohibiting the sale of New York vehicle registration information to insurers.

6678
April 15, 2015

Verisk Commercial Auto Prefill delivers competitive advantages

Infographic: Innovations in prefill technology can affect commercial auto insurance operations in statistically significant and profitable ways.

6727
April 1, 2015

Mileage matters: New tools to get it right

Getting mileage information right is a competitive necessity for auto insurers. New tools make it possible.

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