Quick and automated review of property claims estimates could soon become standard for the insurance industry in large part due to the launch of the powerful and flexible XactXpert from Verisk.
Tag: Verisk
Verisk Reimagines Insurance Product Innovation with New Rating Engine
Insurers can transform the complex process of developing new commercial lines products with the power and convenience of a new rating engine from Verisk.
Verisk Grows Premium and Loss Database for Third Consecutive Year
Verisk continues to recruit and secure new contributors to its industry-leading ISO Statistical Database.
Underwriting Losses Soar, Net Income Shrinks for P&C Insurers in 2022
The P&C industry experienced a $26.9 billion net underwriting loss in 2022, more than six times the $3.8 billion underwriting loss in 2021.
Insurers Can Access Detailed Hail, Tornado Analytics with Verisk’s New Respond® Solutions
Insurance professionals can now get highly detailed, real-time data about the impact of hail and tornadoes with Verisk’s latest weather enhancements.
Verisk Agrees to Acquire Swedish InsurTech Mavera
Verisk is acquiring Mavera, a Sweden-based InsurTech firm with a strong regional presence and established customer base for its personal injury claims management platform.
Verisk to Help Insurers Respond to Changing Wildfire Regulatory Environment in CA
Verisk is ready to assist the industry in navigating new wildfire regulatory requirements in California.
Veritas Acquires Verisk’s Energy Business
A Veritas affiliate has agreed to acquire Verisk’s Energy business, Wood Mackenzie, for $3.1 billion.
Verisk Releases Climate Change Projections for U.S. Hurricane and Caribbean Tropical Cyclone Models
Leading global data analytics provide Verisk has announced the availability of climate change projections for its U.S. Hurricane and Caribbean Tropical Cyclone Models, which can assist in quantifying climate-related, extreme event losses and their potential evolution over the next few decades. Climate change projections offer a probabilistic view of future risk in 2030, 2050, 2075,… Continue reading Verisk Releases Climate Change Projections for U.S. Hurricane and Caribbean Tropical Cyclone Models
Verisk and Loveland Innovations Integration Expedite Property Claims Scoping Process
Insurance adjusters and contractors can now expedite the estimate creation process with a new integration between Verisk’s claims-handling solutions, Xactimate® and XactAnalysis®, and Loveland Innovations’ IMGING® property inspection data platform. This new integration enables insurance claim adjusters and contractors to combine IMGING’s property data capture and analysis technology with Verisk’s claims-handling solutions. The result is… Continue reading Verisk and Loveland Innovations Integration Expedite Property Claims Scoping Process