Fraud
Looking beyond the blind spots to get the whole claims picture
Missing details can be key to settling insurance claims. What insurers don’t know can definitely hurt them.
All about timing: The importance of discovery triggers in cyber insurance
ISO’s commercial cyber insurance program—designed specifically for small and midsized enterprises (SMEs)—includes a unique feature: a discovery trigger applicable to…
ISO survey: Data breach risk is top of mind for many insurers
It seems not a day goes by without a cyber breach reported somewhere around the globe. Insurers are thinking about cybersecurity too, if the past five ISO Emerging Issues…
Cyber incidents top list of business risks on the new Allianz Risk Barometer
Last month, Allianz Global Corporate and Specialty published its seventh annual risk barometer, a look at the top business risks in the eyes of risk managers globally.
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…
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.
Spotting the unseen menace: Medical provider fraud, waste, and abuse
Although the insurance industry is constantly plagued by suspicious claims activity, the unseen menace that’s leading to diminished profits is medical provider fraud,…
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.
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.
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…
Growing pressures, new solutions: Verisk's 2017 Risk & Analytics Summit
The 2017 Verisk Risk & Analytics Summit will be held in Jersey City October 4-6, 2017. Earlybird registration is now open.
Options for achieving Internet of Things security
There are many issues that make security specifically challenging in IoT devices. For example, many—especially older ones—don’t have a mechanism for updates. Compounding…
Cyber insurance: Scaling the new frontier
Verisk explores three key areas of information needed to support cybersecurity underwriting and decision making: culture, protection, and exposure.
Cyber insurance: Black swan or golden goose?
Is now the perfect time for the insurance industry to get up to speed, rethink product approaches, and usher in solutions suitable to mitigate 21st-century cyber risk for…