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Throughout the year, experts from Verisk will host web seminars focusing on topical issues facing the industry. Additionally, we'll feature new and/or improved product offerings in our product spotlight series. Our web seminars are complimentary and open to insurers, agents, brokers, and risk managers.

Product Spotlight
ISO Size-of-Loss Matrix Quarterly –Inflation and COVID Impact Utility

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Product Spotlight
ISO Size-of-Loss Matrix Quarterly –Inflation and COVID Impact Utility

Thursday, September 29, 2022
2:00 p.m. ET

Recently, soaring inflation prices reached a 40-year-high. The effects of that, along with the COVID-19 pandemic, have caused data from 2020 through 2022 to be extremely distorted. This session will offer pricing and reserving experts some key considerations when measuring and adjusting for the impact of major events on historical data to project future loss levels and trends. We will also demonstrate how to use the Size-of-Loss Matrix Quarterly to analyze frequency, severity, and loss ratio trends and show how they have been impacted by these events.

Who Should Attend

Workers’ compensation claims managers; Senior-level management 

Speakers

Marni Novack FCAS, MAAA
Senior Actuarial Associate
Excess and Reinsurance

Joseph DiFabrizio
Actuarial Analyst
Excess and Reinsurance

Product Spotlight
The Race to Zero: LightSpeed® Small Commercial

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Product Spotlight
The Race to Zero: LightSpeed® Small Commercial

Thursday, October 6, 2022
2:00 p.m. ET

The Verisk ecosystem of small commercial insurance solutions provides a wide range of customizable options designed to help you improve efficiency and accelerate profitable growth.

Our LightSpeed Small Commercial solution – developed with Verisk’s deep insurance expertise – applies artificial intelligence and machine learning to gather and interpret data that is time-consuming to collect manually and that other automated solutions can easily miss. Our advanced image analytics, for example, can extract valuable data from online images, providing insight into potential risk exposures.

Seamlessly integrating into your existing processes through an API, our solutions can deliver the information you need to perform a highly accurate and automated risk analysis simply by entering a company’s name and address. This enables you to bind new business in seconds rather than days, helping boost profitability, elevate the customer experience, and grow your portfolio.

Implementing the most advanced data analytics solutions on the market can help you:

  • Automate appropriate classification of small business risks
  • Increase throughput and straight-through processing
  • Reduce premium leakage and retention risk
  • Understand exposures that drive premium, claims, and coverage needs
  • Monitor business growth and changes throughout the policy lifecycle
  • Free up underwriting talent to focus on more complex risks
  • Minimize underwriting questions in the race to zero

Who Should Attend

Insurance carriers and MGA underwriters, especially small commercial and BOP lines of businesses; Product managers 

Speaker

Grace Jividen
Product Manager, Small Commercial Underwriting
Underwriting Solutions

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