Small business risk exposures can lie in plain sight, but without the right technology, you may never find them.
That’s why we built LightSpeed® Small Commercial.
Using only a business name and address, it surfaces holistic insights on small business risks pulled from a vast array of proprietary and verified data sources and advanced artificial intelligence (AI) and machine learning (ML) to inform these insights. We’ve tuned it to find premium and claims-driving exposures from partner social media sites, so you don’t have to go digging for them (or worse, find them through a surprise claim). And it’s all pulled together in seconds, so you can quote and bind business fast.
Streamlining the underwriting process requires confidence in the quality of the data you rely on to make decisions. Using a data provider with broad insurance industry expertise can translate into a nuanced understanding of the insights generated by image analytics. Verisk data scientists continually test and develop models to ensure the level of reliability needed to provide actionable underwriting insights that can help you sustainably grow your portfolio and boost profitability.
Integrated directly into LightSpeed® Small Commercial, image analytics paired with other robust data sources can provide insurers with a holistic underwriting solution that helps refine risk assessment and improve customer and agent experiences.