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Brand Spotlight Verisk
Verisk is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing on unique data assets and deep domain expertise in actuarial science, artificial intelligence, telematics, and insurance, Verisk helps carriers underwrite and price risks with greater precision and efficiency and manage claims more effectively across the spectrum of commercial and personal lines.
For nearly 50 years, Verisk has been a leader in developing innovative solutions and working with multiple stakeholders in the property/casualty insurance marketplace, including insurers, reinsurers, third-party administrators, agents and brokers, insurance regulators, and risk managers.
www.verisk.com/insurance
Personal auto insurers have faced substantial profitability challenges over the past three years.[1] While digital transformation and modernizing quote experiences get a lot of attention, renewal ...
Does the hard road to profitability in commercial auto insurance have to lead to endless detours? Social inflation and riskier driving can wreak havoc on results: Industrywide combined ratios have ...
Verisk recently released its latest 360Value® Quarterly Reconstruction Cost Analysis, which offers an overview of current reconstruction cost trends at the national and state levels for the United ...
Verisk recently released its latest 360Value® Quarterly Reconstruction Cost Analysis, which offers an overview of current reconstruction cost trends at the national and state levels for the United ...
SUMMARY Personal auto insurance application fraud has increased 18 percent since 2019.
Artificial intelligence (AI) is powering advances in search-and-match algorithms that improve hit rates, reduce ...
Roof claims account for nearly a third of all U.S. property insurance losses, or about 30%[1], and trees are very often how nature takes its toll on a structure. Some of the major causes of ...
The property/casualty insurance industry is constantly evolving with new regulations, risks, and customer expectations. To stay competitive and rate their policies quickly and accurately, insurers ...
SUMMARY Since the pandemic lockdowns of 2020, the personal auto insurance industry hit a rough patch in 2021, went into a ditch in 2022, and is now off-roading.
Coming off record-setting ...
Profitability challenges are widely recognized in commercial auto underwriting. The industry has struggled to achieve underwriting profitability in the past 11 years with a combined ratio over 100, ...
Rapid change is pushing small businesses to be agile, adjusting their products or services to keep up. That means a one-size-fits-all approach to insurance coverage isn't an option—even in a market ...
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