Applicant Information
Responsive insurance agents can capitalize on the demands of millennials
Insurers should not be asking, 'Will millennials need coverage?' but rather, 'How can we effectively provide coverage to this market segment?'
Verisk’s Coverage Verifier contribution accelerator receives Ready for Guidewire designation
Verisk's Coverage Verifier contribution accelerator, which has received the Ready for Guidewire designation, can help support this objective.
Hyundai becomes third major OEM to join the Verisk Data Exchange
Hyundai’s entry to the Verisk Data Exchange brings the total U.S. market share of participating automakers to 32 percent. Participating OEMS also include General Motors,…
Faster property insurance quoting driven by data
Consumer expectations are rapidly changing, and insurers are constantly being challenged to improve their customer experience. But making quick underwriting decisions…
Motivating agents: Results of a Verisk agents survey
One might assume that, when dealing with insurers, agents are motivated primarily by commissions. However, according to a recent Verisk agent survey, that's not true at…
Interview: How innovative has InsurTech been?
Mark Breading, partner with Strategy Meets Action, spoke with Verisk’s Steve Lekas on the emerging InsurTech movement at Verisk’s Risk & Analytics Summit.
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,…
Three keys to success for insurers in the age of disruption
Our economy is in the midst of major disruption, with technology and pressure from insurtech startups changing almost everything we do and the way our customers behave.
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.
New technologies reshape automotive risk
Telematics, advanced driver-assistance systems, and autonomous vehicles are rapidly refining risk management. Will traditional auto policies one day go the way of the…
Don’t lose out on loss histories
Obtaining loss histories can be problematic. But there are ways to get them easily, get a faster speed to quote, improve agency relationships, and improve your…
5 ways drones are transforming the insurance industry
Drones are expected to have a $6.8 billion impact on the insurance industry.
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…
Average fees for motor vehicle reports approach double digits
An updated Verisk Insurance Solutions analysis confirms that motor vehicle report (MVR) fees have continued to increase over the past decade, during which time state…
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