Risk Assessment

Catastrophe models help better understand and quanitfy insured losses caused by climate change and climate variability.

Wildfires have moved rapidly to the fore as an exposure for insurers to understand and manage in states at high risk for this peril.

The ISO businessowners policy program is ready out of the box to meet many carrier requirements

Understanding vehicle risk is critical to improve segmentation, refine pricing and enhance profitability. Gain insights from 50+ components.

Despite mitigation measures, natural hazards may still cause damage, and insurers need actionable data to guide underwriting and pricing.

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

Solutions to ease entry into the businessowners policy program market and sustain that business across the value chain.

Determining or verifying key risk characteristics of insured property or vehicles can be costly, labor-intensive, and time-consuming.

Total reconstruction costs, including materials and labor, increased 3.1% from April 2022 to 2023. Costs continue to slow down and steady.

Severe thunderstorms are a common natural phenomenon in the US, causing more than half of annual reported insured losses since 1985.

Annually, insurance fraud steals roughly $308.6B from American consumers. Self-insureds could be vulnerable to insurance fraud and undetected leakage.

Verisk has seen a marked increase in insurers seeking strategic sourcing of non-rate actions to confront premium leakage in 2023.

The 2023 Emerging Issues Bracket Challenge is our opportunity to see which issues have your attention this year.

Total reconstruction costs, including materials and labor, increased 6.8% from January 2022 to January 2023, a drop from the last quarter.

How each connection in the tangled web of vehicle cybersecurity could represent a potential vulnerability for bad actors to exploit.