360Value Commercial Property: Enhancing Replacement Cost Estimates with Current Data and Content Assessments

A reliable replacement cost estimate based on actual claims data can help you maintain insurance-to-value (ITV) in the competitive commercial lines marketplace. Discover how Verisk has combined data and analytics from ProMetrix to deliver up to a 75 percent hit rate in 360Value, giving you the power to substantially enhance the accuracy of your underwriting for more properties in your portfolio.

Get the full picture for commercial property with Verisk’s trusted reconstruction cost estimates, now paired with even more robust data from ProMetrix. Understanding the full scope of your exposure can help you streamline underwriting and protect your customers.

Topics include:

• How 360Value is continually growing hit rates by leveraging industry-leading reconstruction cost data, Xactimate claims data, and advanced data from ProMetrix.
• Why getting a 100 percent fill rate on core commercial property attributes through ProMetrix directly enhances the 360Value experience.
• New solutions in 360Value, including Commercial Contents, a pioneering technology that refines replacement cost estimates for a business’s equipment, furniture, and inventory.
• How the Verisk ecosystem provides solutions to help enhance underwriting throughout the policy life cycle.

Who should watch:

Commercial carrier underwriters; Loss control and marketing personnel; Agency and broker representatives

Presentation Date:

Thursday, February 24, 2022

Speakers:

Joel Teemant
Product Director
360Value for Commercial Property

Cameron Christensen
Product Manager
360Value for Commercial Property