TAMARAC, Fla., July 2, 2019 — At its 2019 international convention, PuroClean announced its companywide implementation of Xactware’s Restoration Manager™ solution. Across the United States and Canada, the PuroClean Network will now have access to the Restoration Manager enhanced suite of third-party administrator (TPA) compliance and project-planning tools. Xactware is a Verisk (Nasdaq:VRSK) business.
BOSTON, July 1, 2019 — Catastrophe modeling firm AIR Worldwide today announced that it has published its Catastrophe Exposure Data Exchange (CEDE™) database schema publicly, to facilitate accurate and transparent data exchange throughout the insurance value chain more efficiently, and to encourage additional analytics on a greater number of exposures.
JERSEY CITY, N.J., June 28, 2019 — Private U.S. property/casualty insurers’ profitability as measured by their annualized rate of return on average policyholders’ surplus increased to 9.4 percent, the best first-quarter result since 10.8 percent in 2015, according to Verisk (Nasdaq:VRSK), a leading data analytics provider, and the American Property Casualty Insurance Association (APCIA).
BOSTON, June 25, 2019 — Catastrophe risk modeling firm AIR Worldwide (AIR) today announced that it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain. AIR also announced that it has updated the storm surge component of its coastal flood model for Great Britain, which is now incorporated into the AIR Extratropical Cyclone Model for Europe. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.
JERSEY CITY, N.J., and Columbus, Ohio, June 24, 2019 — Verisk (Nasdaq:VRSK), a leading data analytics provider, and Grange Insurance, an Ohio-based insurance company, announced today that Grange has selected ISO Electronic Rating ContentTM (ERCTM) to help increase speed to market and grow its commercial lines business. ISO is a Verisk business.
BOSTON, June 20, 2019 — Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for New Zealand. This model incorporates the latest scientific research after the 2010–2011 Canterbury earthquake sequence, the 2016 Kaikoura earthquake, and earthquakes worldwide to provide the most current and comprehensive view of earthquake risk.
BOSTON, June 19, 2019 — Catastrophe modeling firm AIR Worldwide (AIR) today announced that Sompo International, a global specialty provider of property and casualty insurance and reinsurance, is leveraging AIR’s casualty analytics platform, Arium, to better understand and quantify its liability and loss potential across multiple commercial liability lines of business. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.
JERSEY CITY, N.J., June 18, 2019 — Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today the launch of A-PLUS™ Commercial, an InsurTech solution that provides point-of-sale loss runs with detailed claim histories of risks that insurers are looking to underwrite.
Jersey City, N.J., June 12, 2019 — Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today the launch of its Cyber Underwriting Report, a new InsurTech solution that can help insurers underwrite a wide variety of risks in the growing cyber market with increased speed and precision.
LONDON, 10 June 2019 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced that leaders in the insurance risk, underwriting, and claims industries will gather 19 June at Verisk Vision, an exclusive, one-day InsurTech conference.