Verisk InsurTech – Reimagining the Future
Keeping all your forms in harmony
Insurers need to act expeditiously to update their forms that are outdated and ensure that their cancellation and nonrenewal provisions are consistent with the law.
Build sheet data: Keeping pace with the cars
New vehicle owners are driving in an ever-denser cocoon of convenience and safety features.
Verisk Data Exchange grows with the addition of Honda
With the recent addition of American Honda Motor Company as a contributor to the Verisk Data Exchange, the total market share of automakers participating in the exchange…
Tapping into the value of ground-truth data
Advances in geospatial and remote sensing technology offer insurers more ways to learn about properties and risks in greater detail than ever before.
Turning profitable: What commercial auto insurers should know
Turning profitable: What commercial auto insurers should know
The Verisk Telematics Innovation Center: Advancing telematics
Spotam, an Israeli consultancy and research firm focusing on telematics, location-based services, and the Internet of Things, recently interviewed Avner Freiberger…
'Alexa, find insurance': Tapping into the smart home
The smart home revolution is finally starting to take off. After years of saying “this is the year,” the market is starting to show significant signs that mass-market…
Recapturing $6.4 billion in commercial auto premium leakage
A Verisk report analyzing commercial auto portfolios shows that insurers will have, over a four-year period, $6.4 billion in premium leakage - and that's just from…
Interview: How innovative has InsurTech been?
Mark Breading, partner with Strategy Meets Action, spoke with Verisk’s Steve Lekas on the emerging InsurTech movement at Verisk’s Risk & Analytics Summit.
The missing piece in commercial auto risk assessment: Vehicle characteristics
The sources of risk for a commercial auto policy can be largely broken down into three main categories: what vehicle is being driven, how and where is it driven, and who…
UBI: A tool for growth and inclusion
About one in eight U.S. drivers doesn't purchase insurance, representing an intriguing and untapped market for insurers. Usage-based insurance (UBI) may raise a…
Three keys to success for insurers in the age of disruption
Our economy is in the midst of major disruption, with technology and pressure from insurtech startups changing almost everything we do and the way our customers behave.…
What happens to analytics when your data stinks?
Are you deriving the maximum possible return from your analytics? Would you know if you weren’t? A new ISO and Earnix survey on analytic practices by property/casualty…
The telematics advantage: Driving data on the spot
By having telematics data available for claims management, consumers and insurers alike could gain a better understanding of how to mitigate claims — almost before they…
How smart devices are providing the data claims professionals need
The growing number of smart devices in households and the fact that Parks Associates estimates that up to 25 percent of U.S. broadband households utilize a security…