The cost of motor vehicle reports (MVRs) continues to climb for insurers; the latest Verisk analysis shows the nationwide average at $10.32.
Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.
Verisk's High-Risk Notification Service helps identify conditions that can trigger unexpected claims.
Underwriting expenses can force auto and property insurers to choose between high costs that drain profitability and incomplete risk data.
Drive telematics-enabled pricing sophistication and robust risk segmentation with DrivingDNA at point-of-sale
Harnessing unstructured data introduces more data points, granular information, and timeliness to help insurers underwrite with greater speed and accuracy.
Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.
Verisk’s 360Value® reconstruction cost estimating tool can help insurers maintain ITV for older homes that have more varied building materials and techniques.
Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.
Commercial auto insurers are responding to the accelerating on-demand economy with new products that are more flexible and responsive to the changing marketplace as well…
Learn how Verisk's Cyber Underwriting Report can help speed your cyber insurance workflow.
Writing small commercial insurance profitably depends on effective underwriting guidelines joined with integrated, high-quality data.
Average motor vehicle report (MVR) fees have have increased further, according to the latest Verisk analysis.
Verisk and Equifax have joined to create Inflection, a credit-based insurance score powered by a trended-credit model to increase its predictive potential.
Digital transformation can play a key role in boosting the number of auto insurance customers who make a seamless journey from quote start to bind.