Application integrity for personal auto insurance has deteriorated more than 20 percent over the past eight years, according to Verisk research.
Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.
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.
The lack of relevant and credible cyber insurance data remains a challenge for the London Market, making it difficult to make informed decisions around cyber risk.
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.
One statistic profoundly affected by COVID-19 lockdowns has been miles driven, and so capturing mileage more precisely may become critical for auto insurers.
As the FCA signposting rules encourage insurers to direct potential business elsewhere, insurers may need to re-evaluate their cover.
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 (MVR) fees have have increased further, according to the latest Verisk analysis.
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 (MVRs) have surpassed $10 as they continue an upward march, according to the latest Verisk analysis.
A recent Verisk study of our customers uncovered a correlation between profitability and the use of our surveys, and that report is available now.
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.
Underwriting cyber risk is hard. As business and personal infrastructure become more deeply interconnected, its complexity is expected only to increase.
Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.
You will soon be redirected to the 3E website. If the page has not redirected, please visit the 3E site here. Please visit our newsroom to learn more about this agreement: Verisk Announces Sale of 3E Business to New Mountain Capital.