Verisk Insurance Solutions – Commercial Property, part of Verisk Analytics, has launched the next generation of its ProMetrix suite of data and analytics for commercial property carriers.

Updates to ProMetrix include the ability to benchmark risks against peer properties instantly, a host-to-host API that can help insurance carriers automate underwriting guidelines, and a risk-engineering tool that will allow underwriters to “drive the loss cost for an insured property through risk improvement actions and gain a competitive advantage through the rating insights derived,” which Peter de Freitas, assistant vice president of Verisk Insurance Solutions – Commercial Property, called a “game changer for insurers.”

Verisk has also overhauled its ProMetrix website, which provides data and analytics on construction, building and occupancy loss costs, relative hazard comparisons, property details, protection, sprinkler grade, and exposure details.

In addition to a new, highly intuitive web experience, the site offers enhanced imagery and mapping, clear and concise screen displays, a new report-ordering system, and personalized IDs to help customers track usage while at the same time allowing Verisk to provide point-of-sale inquiry support, the company said in a statement.