Rating Integrity
Know a vehicle’s history to achieve more precise rating segmentation
Auto History Score is purpose-built using modeled data, correlated with future claims, to help auto insurers refine rating segmentation.
Between a rock and a hard market: Solutions for personal auto
Personal auto insurance is set for a hard market in 2022 as claim frequency and severity rise amid inflationary pressures and risky driving.
Cloud-based rating can free commercial insurers to focus on growth
Rating-as-a-Service (RaaS) allows insurers to receive Verisk’s ISO Electronic Rating Content (ERC) with a cloud-based API.
Personal lines insurance quoting can be a smoother journey—no kidding
Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.
Navigating Florida’s complex market with extensive, current roof data
Homeowners insurers and their customers in Florida are navigating a turbulent market, and roof coverage figures prominently in the turmoil.
How to extract more value from auto insurance underwriting data
Competition and growing digital information sources demand that auto insurers balance underwriting data consumption with cost efficiency.
Automating more homeowners quotes via efficient, reliable underwriting
Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.
Transform auto quote experiences for what comes next
Increasing speed is becoming the norm for auto insurance quotes, driving digital transformation and data-forward strategies.
Identify hidden drivers throughout the policy life cycle
Undisclosed drivers cause the most premium leakage in auto insurance, but data across the policy life cycle can help tackle the problem.
Report: ‘Significant upgrade’ enhances speed and value of Verisk rating content
The next generation of ERC offers cloud-based deployment, a smart API, and technology upgrades that reduce the use of scarce IT resources.
2021 personal auto growth and profitability: Unprecedented in new ways
Personal auto insurers had a year without precedent in 2020, and 2021 may break more new ground, but in very different ways.
Accelerating competitiveness with a digital auto insurance ecosystem
How can auto insurance leaders adapt and stay competitive amid evolving pandemic-related trends? The key may be a digital ecosystem.
Unpacking the 2021 new normal for personal auto mileage
Personal auto mileage has fluctuated widely through the pandemic and the emerging new normal. It may be time for insurers to leverage analytics to avoid premium leakage.
Steady increases continue for motor vehicle report fees
The cost of motor vehicle reports (MVRs) continues to climb for insurers; the latest Verisk analysis shows the nationwide average at $10.32.
Auto growth and resiliency demand scalable underwriting tech
Auto insurers seeking to grow and improve may do well to pursue underwriting technology that meets the demands of today and tomorrow.