Verisk InsurTech – Reimagining the Future

5/28/2020 - 4 min read

Moving forward in the age of COVID-19: Personal lines strategies for the “new normal”

How personal lines insurance carriers can adjust to the new challenges presented by the COVID-19 pandemic.

3/9/2020 - 5 min read

How can the London Market tackle outdated and inconsistent policy language?

Creating and updating policy language in the London Insurance Market can be challenging.

12/16/2019 - 3 min read

EU warning on pre-existing conditions should prompt travel insurance reform

While the exclusion of pre-existing medical conditions in travel insurance policies has been standard practice in Europe, there is regulatory pressure to reform.

11/6/2019 - 2 min read

Why data is critical to countering insurance fraud in Ireland

Insurers in Ireland need to look at how they can use data from a wide variety of sources to significantly reduce the risk of fraud at the application and claims stage.

9/6/2019 - 4 min read

Data literacy is everyone’s responsibility

Data literacy has become one of the most valuable skill sets for today’s innovative employee.

7/9/2019 - 3 min read

The future of drones is up in the air – Consider the risks carefully

How drones ultimately will be used is uncertain, but it’s clear that they will likely alter the risk landscape.

6/12/2019 - 3 min read

Helping cyber underwriters make better decisions faster

Underwriting cyber risk is hard. As business and personal infrastructure become more deeply interconnected, its complexity is expected only to increase.

6/11/2019 - 4 min read

Data-driven insurers make better innovators

In the fast-paced and highly competitive insurance marketplace, innovation is vital to an insurer's success.

5/29/2019 - 3 min read

Exploits behind WannaCry and NotPetya attacks continue to linger

The WannaCry and NotPetya ransomware attacks appeared to have triggered fears that large-scale ransomware occurrences could become the new norm.

5/20/2019 - 3 min read

The new economics of a data-forward auto quoting strategy

Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.

3/29/2019 - 1 min read

Are you suffering from wording leakage? Discover the forms management cure

Are you worried that your policy forms may be inconsistent or outdated? Are you frustrated when you try to find and update forms, or get new products out the door? If so, you may be suffering from wording leakage.

3/25/2019 - 1 min read

ISO introduces solutions for insuring vehicles with driver assistance features

ISO has introduced new solutions to help auto insurers underwrite and price coverage for the growing number of cars with advanced driver assistance systems (ADAS).

3/14/2019 - 2 min read

Reimagining the customer experience in personal auto

Insurers are meeting consumers in a new world of expectations set not only by their direct competitors but by retail businesses outside the insurance industry.

3/8/2019 - 2 min read

AER and team demonstrate benefits of using machine learning in subseasonal-to-seasonal forecasting

A team from Verisk's Atmospheric and Environmental Research (AER), Massachusetts Institute of Technology (MIT), Microsoft Research, and Stanford University published an opinion article in WIREs Climate Change on the benefits of applying machine learning to the practice of subseasonal-to-seasonal (S2S) weather prediction.

2/14/2019 - 4 min read

ISO Emerging Issues team introduces 'Bractuary Bill'

We’re elated to announce that the sixth ISO Emerging Issues bracket tournament represents the debut of Emerging Issues bracketologist 'Bractuary Bill.' An algorithmic mix of Will Hunting and Nostradamus, Bractuary Bill, contrived deep in the labs of Verisk headquarters in Jersey City, was engineered to optimize the dynamics of every matchup to make the tournament as compelling as possible.