Verisk
Verisk offers robust analytics to help customers of Duck Creek Technologies throughout the policy life cycle.
Verisk is a leading global data analytics provider, offering solutions that can help insurers increase efficiency and precision across underwriting and claims. Verisk was one of the first data providers to integrate with Duck Creek and is committed to helping insurers navigate risk and grow faster through Duck Creek OnDemand.
- Verisk maintains a growing data ecosystem and a focus on delivering flexible solutions
- They leverage artificial intelligence, insurance-ready data, and unparalleled industry expertise to help insurers increase efficiency and precision.
- Their diverse tools support insurers across the policy life cycle, from underwriting properties and vehicles to managing and accelerating claims.
- Verisk provides data analytics to a wide range of insurers with different needs and can help you take the next step in your digital journey.
Learn more on the Verisk website
Underwriting Small Commercial Property with Tracey Waller of ISO (Part 1)
Underwriting Small Commercial Property with Tracey Waller of ISO (Part 2)
Advantages
Recognized leader in developing standardized insurance policy programs for personal and commercial lines
Vast library of policy language, ratings, and rules
Property solutions perform detailed benchmarking, pricing, and loss and trend analyses for individual risks and portfolios
Single hub for connected-vehicle and smart-home data for both insurers and connected-data providers
Features
Statistical, actuarial, underwriting, and claims information
Rules needed to write and rate insurance policies
Tools for predictive modeling and scoring of risk
Verisk’s IoT solutions help refine underwriting and rating, achieve proactive mitigation services, and accelerate first notice of loss in both personal and commercial lines
Expertise
Offers risk-assessment services and decision analytics to professionals in many disciplines throughout the Property & Casualty insurance industry
Provides programs for many specialty lines, including e-commerce, cyber risk, crime and fidelity, and inland marine
Offers indexes providing values usable as triggers for a variety of traded financial market instruments for casualty and workers’ compensation