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Three Verisk solutions recognized for insurance innovation

By Michael Gannon  |  November 12, 2018

bright ideasThree Verisk solutions have been recognized recently in global competitions for insurance innovation.

Energy & Power Intelligence Xchange™ (EPIX™) wins North American award

Verisk’s energy insurance platform, EPIX, won the 2018 North American Insurance Innovation award presented by The Digital Insurer, a leading forum for professionals interested in the impact of technology on insurance business models. The award was voted by participants in The Digital Insurer Global LIVEFEST, a virtual festival for digital insurance, following a live webinar with brief presentations from four North American finalists.

EPIX will now compete November 30 for the Global Insurance Innovation Award against the winning companies from Africa, Asia, and Europe. Learn more and register for the event on the LIVEFEST website.  Learn more about EPIX.

LightSpeed™, Verisk Data Exchange™ help Verisk become finalist in Insurance Innovation Awards

Verisk has also been named a finalist in the Insurance Innovation Awards 2018, sponsored by Insurance Nexus, a leading provider of insights and events for the North American insurance industry.

Verisk was nominated as Innovation Vendor of the Year for its work in two areas:

  • LightSpeedTM, an online acquisition and quoting platform with the potential to raise conversion rates by 50 to 85 percent with a single, bindable quote in as little as two minutes. Learn more about LightSpeed.
  • An array of IoT innovations including the Verisk Data ExchangeTM, a growing repository of connected-car and other IoT data collected and normalized for a wide ranges of insurance applications. Visit the Verisk Data Exchange.

The Innovation award winners will be announced at an awards ceremony on November 28 during the Connected Insurance USA Summit at the Radisson Blu Aqua Hotel in Chicago.


Michael Gannon is assistant vice president, ISO Marketing.