Verisk Analytics

Connected Cars Become an Innovative Lead Generation Channel for Usage-Based Insurance Through New Verisk Program

Retrieved on: 
Tuesday, February 16, 2021
Verisk Analytics, Technology, Science and technology, Vehicle insurance, Connected car, Telemetry, Insurance, Usage-based insurance, Ubi, Service industries

Jersey City, N.J., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Connected cars are becoming a powerful lead generation channel for usage-based insurance (UBI) with Discount Alert, a new program from Verisk (Nasdaq:VRSK).

Key Points: 
  • Jersey City, N.J., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Connected cars are becoming a powerful lead generation channel for usage-based insurance (UBI) with Discount Alert, a new program from Verisk (Nasdaq:VRSK).
  • Multiple top U.S. auto insurers are already using connected car telemetry from the Verisk Data Exchange for behavior-based auto insurance rating.
  • Insurers leverage historical, anonymized telemetry data from consenting drivers in the Verisk Data Exchange to identify target prospects through their own custom segmentation models.
  • Discount Alert then delivers personalized insurance offers to target prospects through automakers mobile apps and online auto owners portals.

Claims Handling Just Got Easier for Insurers and Consumers with Plnar and Verisk Integration

Retrieved on: 
Thursday, February 4, 2021
Articles, Marketing, Augmented reality, Claims adjuster, Verisk Analytics, Educational technology, Economy

Plnars AI- and augmented reality-powered technology now integrates seamlessly with Xactimate , a powerful and comprehensive claims-estimating solutions provided by Xactware, a Verisk business.

Key Points: 
  • Plnars AI- and augmented reality-powered technology now integrates seamlessly with Xactimate , a powerful and comprehensive claims-estimating solutions provided by Xactware, a Verisk business.
  • Through this new integration, desk adjusters receive 3-D diagrams of loss sites that have been automatically created by Plnar using photos uploaded from onsite users smart devices.
  • Plnar combines the latest in AI and augmented reality with technology that is becoming available in every household: smart devices, Plnar CEO Andy Greff said.
  • Plnars platform streamlines interior property claims for adjusters and claimants alike by enabling a self-service, digital claims process.

Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity

Retrieved on: 
Monday, February 1, 2021
Business, Articles, Economy, Verisk Analytics, Small business

During this year-long pandemic, lenders have been struggling to assess small business financial health and, lacking clear information, rejected eight out of ten loan applications from small businesses.

Key Points: 
  • During this year-long pandemic, lenders have been struggling to assess small business financial health and, lacking clear information, rejected eight out of ten loan applications from small businesses.
  • Through the Verisk collaboration, Enigma is launching a new solution that allows clients to see and understand how small business revenues are trending in near real-time.
  • As part of the collaboration, Enigma joins a consortium of banks, payments processors, and financial institutions to provide trustworthy intelligence about a small business's financial health.
  • "More timely small business health metrics have long been a need in small business financial services," said Lisa Bonalle-Hannan, President of Verisk Financial, "We are excited that Verisk's insights and Enigma's business identity resolution technology make this solution possible."

Property Carriers Beat Fraud with New Prior Loss Images in Verisk’s ISO ClaimSearch®

Retrieved on: 
Wednesday, January 27, 2021
Legal professions, Claims adjuster, Insurance industry, Verisk Analytics, Louwagie, Economy, Surname, Service industries

Verisk created this enhancement available at no cost to participants -- by tapping into participant-authorized claim images from its Xactware property estimation system.

Key Points: 
  • Verisk created this enhancement available at no cost to participants -- by tapping into participant-authorized claim images from its Xactware property estimation system.
  • As adjusters review ISO ClaimSearch match reports, a simple on-screen camera icon easily identifies prior claims containing photos.
  • Prior loss images may reveal pre-existing damage, or the same damage being claimed again.
  • Interested carriers should contact Joshua Louwagie, senior product innovation manager in Verisks ISO ClaimSearch business unit, at [email protected] .

Verisk to Announce Fiscal Fourth-Quarter 2020 Results on February 23, 2021

Retrieved on: 
Wednesday, January 27, 2021
Verisk Analytics, Service companies, NASDAQ, Finance

Jersey City, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal fourth quarter ended December 31, 2020, on Tuesday, February 23, 2021, after the market close.

Key Points: 
  • Jersey City, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal fourth quarter ended December 31, 2020, on Tuesday, February 23, 2021, after the market close.
  • The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com .
  • Verisks management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, February 24, 2021, at 8:30 a.m. EST (5:30 a.m. PST, 1:30 p.m. GMT).
  • All interested parties are invited to listen to the live event via webcast on the Verisk investor website at http://investor.verisk.com .

Fire Departments Can Improve Fire Safety with Free Analytics Platform from Verisk

Retrieved on: 
Monday, January 25, 2021
Business intelligence, Articles, Verisk Analytics, Formal sciences, Information technology, Business, Analytics, Predictive analytics

Verisk (Nasdaq:VRSK), a leading data analytics provider, is offering complimentary access to ISO Mitigate ( https://www.isomitigation.com/mitigate/ ), a new, interactive web platform that offers data-driven analytics to support strategic planning.

Key Points: 
  • Verisk (Nasdaq:VRSK), a leading data analytics provider, is offering complimentary access to ISO Mitigate ( https://www.isomitigation.com/mitigate/ ), a new, interactive web platform that offers data-driven analytics to support strategic planning.
  • Mitigate is the first one-stop portal to enable fire departments to more accurately allocate investments in facilities, equipment, technology, and personnel.
  • Training resources: Stay on top of emerging trends in fire safety with articles, training videos, and other educational materials specific to fire protection.
  • Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries.

AIR Worldwide Collaborates with experts at the Brookings Institution and AXIS Capital to Quantify the Impact from Climate Change on Hurricane Risk

Retrieved on: 
Tuesday, January 19, 2021
Weather hazards, Meteorology, Physical geography, Natural disasters, Nature, Verisk Analytics, AIR Worldwide, Tropical cyclone, Flood, Storm

Investing in ongoing research like todays, in partnership with AIR and Brookings scholars, is essential, said Albert Benchimol, President & CEO at AXIS.

Key Points: 
  • Investing in ongoing research like todays, in partnership with AIR and Brookings scholars, is essential, said Albert Benchimol, President & CEO at AXIS.
  • The analysis relies on the AIR Hurricane Model for the United States, which considers wind, storm surge, and precipitation-induced flooding, and AIRs database of property exposure.
  • Download Quantifying the Impact from Climate Change on U.S. Hurricane Risk here: https://airww.co/climateimpact
    AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events.
  • AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston, with additional offices in North America, Europe, and Asia.

Buying Process for Usage-Based Auto Insurance Streamlined with New Verisk Delivery Model

Retrieved on: 
Thursday, January 14, 2021
Articles, Verisk Analytics, Science and technology, Information technology, Actuarial science, Underwriting, Telematics, Analytics, Insurance

Telematics data from the Verisk Data Exchange and both traditional and advanced underwriting attributes from LightSpeed Auto can now be delivered in a single transaction.

Key Points: 
  • Telematics data from the Verisk Data Exchange and both traditional and advanced underwriting attributes from LightSpeed Auto can now be delivered in a single transaction.
  • Modern insurance buyers value an expedited quote flow and intuitive online application process.
  • This new delivery model seamlessly provides the extensive suite of data required by this product strategy in a single transaction.
  • Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services.

Verisk to Acquire Behavioral Data and Intelligence Leader Jornaya

Retrieved on: 
Tuesday, December 15, 2020
Verisk Analytics, Business intelligence, Articles, Economy, Business, Analytics, Insurance, Financial services

JERSEY CITY, NJ, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today it has entered into an agreement to acquire Jornaya, a leading provider of consumer behavioral data and intelligence.

Key Points: 
  • JERSEY CITY, NJ, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today it has entered into an agreement to acquire Jornaya, a leading provider of consumer behavioral data and intelligence.
  • Using advanced marketing techniques, customers in the property/casualty, life insurance, and lending industries rely on Jornaya's behavioral data, lead compliance intelligence, and other solutions to drive return on investment.
  • Jornaya has proprietary behavioral data in markets where consumers make considered purchases, including the insurance and lending industries.
  • Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services.

Cority and Verisk 3E Streamline Access to Chemical Safety Data to Increase Efficiency and Improve Workplace Safety

Retrieved on: 
Thursday, December 10, 2020
Verisk Analytics, Occupational hygiene

This API integration enables organizations to improve regulatory compliance while managing their most challenging business risks with greater efficiency.

Key Points: 
  • This API integration enables organizations to improve regulatory compliance while managing their most challenging business risks with greater efficiency.
  • Verisk 3E data provides users with access to thousands of chemical control laws for more than 500,000 chemical substances across more than 130 countries.
  • Our joint customers will benefit greatly from Verisk 3Es collaboration with Cority as theyll be able to more effectively and sustainably manage workplace health, industrial hygiene, and safety risks, said Edmund Webecke, President, Verisk 3E.
  • Verisk 3E is a Verisk (Nasdaq:VRSK)business that delivers intelligent compliance solutions that empower companies to reduce risk, drive continuous improvement, and create new growth opportunities.