Rating Integrity
Robust data and analytics are fast-tracking small commercial underwriting
Harnessing unstructured data introduces more data points, granular information, and timeliness to help insurers underwrite with greater speed and accuracy.
Personal auto research: Application integrity down, fraud up
Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.
Geodemographic segmentation in insurance paves way for better customer engagement
Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.
How one auto insurer used registration data to validate VINs and flag premium leakage
An insurer used Verisk's Vehicle Registration Reports solution to correct vehicle data by leveraging already available information to improve their book's data accuracy.
Explore commercial auto opportunities with three ISO solutions
Leveraging with ISO ERC, Vehicle Prefill, and RACA, insurers can more quickly develop and introduce new products with speed, efficiency, confidence and results.
Four ways aggregated cyber data can help the London Market
The lack of relevant and credible cyber insurance data remains a huge challenge for the London Market, making it difficult for companies to make informed decisions around…
Average fees for motor vehicle reports continue upward march past $10
Average fees for motor vehicle reports (MVRs) continue their upward march, according to the latest Verisk analysis reaching $10.14 as of August 1, 2020.
Capturing mileage across a shifting auto insurance landscape
One statistic profoundly affected by COVID-19 lockdowns has been miles driven, and so capturing mileage more precisely may become critical for auto insurers.
COVID-19 and FCA signposting delay give travel insurers time to reflect on cover
As the FCA signposting rules encourage insurers to direct potential business elsewhere, insurers may need to re-evaluate their cover.
Great Recession Infographic—déjà vu for personal auto insurers?
The COVID-19 pandemic is bringing a “new normal” to personal auto insurance, with similarities and contrasts to the Great Recession.
Average motor vehicle report fees continue to climb
Average motor vehicle report (MVR) fees have have increased further, according to the latest Verisk analysis.
What insurers need to know about the micro-business market
Micro-businesses represent a big opportunity for insurers. More people are starting home-based companies and participating in the gig economy.
Average fees for motor vehicle reports pass the $10 mark
Average fees for motor vehicle reports (MVRs) have surpassed $10 as they continue an upward march, according to the latest Verisk analysis.
Verisk releases report on how its survey services can help enhance profitability
A recent Verisk study of our customers uncovered a correlation between profitability and the use of our surveys, and that report is available now. Verisk found that its…
One-rate auto insurers can own the future
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.