Verisk's new PAAS Explorer can save insurers time and help prevent premium leakage.
Here's the difference between an insurance rating engine that uses ISO Electronic Rating Content™ (ISO ERC) and one that doesn't.
Learn how commercial lines insurers are leveraging the power of a standardized rating engine to help them spin up new products quickly.
Auto History Score is purpose-built using modeled data, correlated with future claims, to help auto insurers refine rating segmentation.
Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.
Rating-as-a-Service (RaaS) allows insurers to receive Verisk’s ISO Electronic Rating Content (ERC) with a cloud-based API.
Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.
Homeowners insurers and their customers in Florida are navigating a turbulent market, and roof coverage figures prominently in the turmoil.
Competition and growing digital information sources demand that auto insurers balance underwriting data consumption with cost efficiency.
Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.
Increasing speed is becoming the norm for auto insurance quotes, driving digital transformation and data-forward strategies.
Undisclosed drivers cause the most premium leakage in auto insurance, but data across the policy life cycle can help tackle the problem.
The next generation of ERC offers cloud-based deployment, a smart API, and technology upgrades that reduce the use of scarce IT resources.
Personal auto insurers had a year without precedent in 2020, and 2021 may break more new ground, but in very different ways.
How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.
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