Accurate pricing can be complex and painstaking work that involves highly detailed analyses, research, trending, benchmarking, and visualizations spanning individual and banded risks. Assembling enough broad primary and excess data—and the necessary actuarial expertise—can be a strain on limited resources. Where can you turn?
That's what you get with our Property Size of Loss Database (PSOLD™). Want to optimize further? Connect to ISO Rapid Valuator® and get ground-up and excess loss cost analyses almost instantly.
Tap into the most current and comprehensive loss history database for commercial property pricing.
Perform side-by-side comparisons with competitors using other exposure rating tools for individual, banded, or complex layered exposures.
Access a database exceeding 50M individual policies, 5M claims, and $235B of estimated ground-up losses from $38 trillion in linked amounts of insurance.
Get 7 million detailed first loss scales for 38 rating groups, consolidated from 230 ISO CP class codes, producing expected losses by layers up to $1 billion.
Calculate loss costs using ISO Portal, which is refreshed semi-annually.
Stay ahead with unmatched, customized analysis based on a comprehensive commercial property loss history database.
Implement models that compare your knowledge base against 25+ years of industry experience.
Build your pricing on more than internal experience to maximize opportunities for growth and profitability.
Connect to a better collaboration platform for actuaries, underwriters, and management in primary, E&S and reinsurance.
PSOLD and IRV are a part of Core Lines Services, Verisk’s insurance policy programs that offer comprehensive support across 29 lines of business. Core Lines Services include:
Stay ahead with vital market intelligence that can help inform product development and strategic planning.
Get actuarial support and ISO product consulting from Verisk actuaries and product experts.
Onboard new employees or cross-train existing employees with a robust portfolio of interactive e-learning courses.