VRSK

MRS Selects Verisk’s Voice Analytics to Help Life Insurers Accelerate Underwriting

Retrieved on: 
Thursday, August 19, 2021
Industry, Certification, MRS, Twitter, Fraud, VRSK, Life, Human, Ownership, Logic, GLOBE, Maintenance, Insurance, Artificial intelligence, Efficiency, Health, Machine learning, Automation, Natural Resources, Compliance, Solution, CEO, LinkedIn, YouTube, ESG, Sale, Culture, Workflow, Technology, Risk management

Management Research Services (MRS), a cutting-edge technology and data provider for the life insurance industry, is integrating Verisks groundbreaking proprietary voice analytics into its telephone medical interviews to help flag potential tobacco users early and streamline the underwriting workflow.

Key Points: 
  • Management Research Services (MRS), a cutting-edge technology and data provider for the life insurance industry, is integrating Verisks groundbreaking proprietary voice analytics into its telephone medical interviews to help flag potential tobacco users early and streamline the underwriting workflow.
  • MRS is implementing Verisks Tobacco Usage Propensity Model , which uses artificial intelligence and machine learning to analyze audio interviews.
  • This integration illustrates how life insurers can quickly and easily pull voice analytics into their underwriting workflows for an immediate, positive and measurable impact, said Maroun Mourad, president of global underwriting at Verisk.
  • The solutions are designed to transform current workflows in life insurance underwriting, life and pension analytics, claim insights, compliance and fraud detection, and actuarial and portfolio modeling.

Verisk and Matterport Integration Speeds Up Sketching Process for Insurance Claims

Retrieved on: 
Wednesday, August 18, 2021
Certification, Twitter, Fraud, VRSK, Life, GLOBE, Insurance, Efficiency, Nasdaq, MTTR, Friction, Marketing, Natural Resources, Documentation, LinkedIn, 3D, Organization, ESG, YouTube, Culture, Association, 3D printing, Risk management

Matterport TruePlan for Xactimate converts 3D models into editable digital diagrams, eliminating the need for property professionals to manually sketch loss sites.

Key Points: 
  • Matterport TruePlan for Xactimate converts 3D models into editable digital diagrams, eliminating the need for property professionals to manually sketch loss sites.
  • With this new integration between the Matterport platform and Xactimate, insurance, adjuster and restoration organizations can order a TruePlan of a Matterport 3D model with a single click in Xactimate.
  • Matterport TruePlan for Xactimate empowers contractors and adjustors working for insurance carriers to automate the sketching process.
  • By eliminating this time-consuming and manual process, they can drastically reduce cycle times and friction within the claims settlement process.

Joyn Insurance Leverages Robust Analytics from Verisk to Transform Commercial Underwriting

Retrieved on: 
Tuesday, August 17, 2021
Industry, Ecosystem, Certification, Twitter, Fraud, Lists of disasters, VRSK, GLOBE, Policy, Insurance, Efficiency, ISO, Rich Communication Services, Natural Resources, Intelligence, Â, Risk, Solution, YouTube, LinkedIn, ESG, Culture, Wildfire, Technology

JERSEY CITY, N.J., Aug. 17, 2021 (GLOBE NEWSWIRE) -- New InsurTech Joyn Insurance is using robust analytics and technology from Verisk (Nasdaq:VRSK), a leading global data analytics provider, to transform the experience of transacting insurance for brokers who serve small and medium-sized businesses.

Key Points: 
  • JERSEY CITY, N.J., Aug. 17, 2021 (GLOBE NEWSWIRE) -- New InsurTech Joyn Insurance is using robust analytics and technology from Verisk (Nasdaq:VRSK), a leading global data analytics provider, to transform the experience of transacting insurance for brokers who serve small and medium-sized businesses.
  • Joyn is among a growing number of traditional and startup insurers and managing general agents deciding to leverage Verisks ecosystem of commercial underwriting solutions.
  • Technologies like artificial intelligence continue to advance a new era of underwriting with robust data and deeper insights, said Ron Beiderman, senior vice president of ISO commercial lines underwriting at Verisk.
  • Joyn is an insurtech enterprise that is underwriting commercial insurance in the small and middle markets.

Verisk Names Sunita Holzer Chief Human Resources Officer

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Monday, August 16, 2021
Culture, VRSK, American Express, HR, DXC Technology, CEO, South Jersey Industries, ESG, Certification, YouTube, LinkedIn, Twitter, GLOBE, Rutgers School of Management and Labor Relations, Sunita, Natural Resources, Insurance, McCarthy, Holzer, Facebook, Leadership, Efficiency, Fraud, Management, Computer Sciences Corporation, CHRO, Nasdaq, Stephenson, Renewable energy

JERSEY CITY, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, announced today the appointment of Sunita Holzer as executive vice president and Chief Human Resources Officer (CHRO).

Key Points: 
  • JERSEY CITY, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, announced today the appointment of Sunita Holzer as executive vice president and Chief Human Resources Officer (CHRO).
  • Bringing three decades of HR leadership experience across relevant industries, Holzer will oversee Verisks global human resources operations and strategy.
  • Sunita is joining the team at a pivotal time in Verisks history, said Scott Stephenson, chairman, president and CEO of Verisk.
  • I am thrilled to join Verisk and build on the companys commitment to an inclusive and values-driven culture, Holzer said.

Verisk Analytics Lauded by Frost & Sullivan for Pioneering Telematics Data Exchange for Usage-Based Insurance in North America

Retrieved on: 
Monday, August 16, 2021
VRSK, Original equipment manufacturer, Satellite navigation, Ford Motor Company, Hyundai, Achievement, UBI, Company, Financial Times and McKinsey Business Book of the Year Award, GM, Risk, Insurance, Verisk Analytics, OEM, Efficiency, Leadership, Technology, North American Company, Nasdaq, Industry, Frost & Sullivan, Mobile phone

SANTA CLARA, Calif., Aug. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics data exchange market, Frost & Sullivan recognizes Verisk Analytics (Nasdaq: VRSK) with the 2021 North American Company of the Year Award for pioneering connected telematics data exchange technology. With the largest data repository of connected vehicle driving data in North America, the Verisk Data Exchange provides significant value to consumers, insurers, and original equipment manufacturers (OEMs). Consumers benefit from personalized premiums, insurers gain unprecedented access to telematics data from connected vehicles and operational efficiencies for their usage-based insurance (UBI) programs, and OEMs are able to deliver enhanced connected services that enrich the overall ownership experience for their drivers.

Key Points: 
  • By enabling connections across a vast network of telematics data sources, the Verisk Data Exchange enhances the accuracy and efficiency of insurance underwriting
    SANTA CLARA, Calif., Aug. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics data exchange market, Frost & Sullivan recognizes Verisk Analytics (Nasdaq: VRSK) with the 2021 North American Company of the Year Award for pioneering connected telematics data exchange technology.
  • With the largest data repository of connected vehicle driving data in North America, the Verisk Data Exchange provides significant value to consumers, insurers, and original equipment manufacturers (OEMs).
  • "By providing instant access to telematics data from connected vehicles, its platform allows insurers to assess risks accurately.
  • Even though other telematics service providers draw data from millions of vehicles, few companies can boast the network effect that Verisk achieves through its Verisk Data Exchange.

Verisk Analytics Lauded by Frost & Sullivan for Pioneering Telematics Data Exchange for Usage-Based Insurance in North America

Retrieved on: 
Monday, August 16, 2021
VRSK, Original equipment manufacturer, Satellite navigation, Ford Motor Company, Hyundai, Achievement, UBI, Company, Financial Times and McKinsey Business Book of the Year Award, GM, Risk, Insurance, Verisk Analytics, OEM, Efficiency, Leadership, Technology, North American Company, Nasdaq, Industry, Frost & Sullivan, Mobile phone

SANTA CLARA, Calif., Aug. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics data exchange market, Frost & Sullivan recognizes Verisk Analytics (Nasdaq: VRSK) with the 2021 North American Company of the Year Award for pioneering connected telematics data exchange technology. With the largest data repository of connected vehicle driving data in North America, the Verisk Data Exchange provides significant value to consumers, insurers, and original equipment manufacturers (OEMs). Consumers benefit from personalized premiums, insurers gain unprecedented access to telematics data from connected vehicles and operational efficiencies for their usage-based insurance (UBI) programs, and OEMs are able to deliver enhanced connected services that enrich the overall ownership experience for their drivers.

Key Points: 
  • By enabling connections across a vast network of telematics data sources, the Verisk Data Exchange enhances the accuracy and efficiency of insurance underwriting
    SANTA CLARA, Calif., Aug. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics data exchange market, Frost & Sullivan recognizes Verisk Analytics (Nasdaq: VRSK) with the 2021 North American Company of the Year Award for pioneering connected telematics data exchange technology.
  • With the largest data repository of connected vehicle driving data in North America, the Verisk Data Exchange provides significant value to consumers, insurers, and original equipment manufacturers (OEMs).
  • "By providing instant access to telematics data from connected vehicles, its platform allows insurers to assess risks accurately.
  • Even though other telematics service providers draw data from millions of vehicles, few companies can boast the network effect that Verisk achieves through its Verisk Data Exchange.

New Verisk and Matterport Integration Accelerates Sketching Process for Insurance Claims

Retrieved on: 
Friday, August 13, 2021
Culture, VRSK, Life, Documentation, ESG, Certification, MTTR, YouTube, LinkedIn, 3D, Twitter, GLOBE, Natural Resources, Insurance, Marketing, Organization, Efficiency, Fraud, Association, Nasdaq, Friction, 3D printing, Risk management

Matterport TruePlan for Xactimate converts 3D models into editable digital diagrams, eliminating the need for property professionals to manually sketch loss sites.

Key Points: 
  • Matterport TruePlan for Xactimate converts 3D models into editable digital diagrams, eliminating the need for property professionals to manually sketch loss sites.
  • With this new integration between the Matterport platform and Xactimate, insurance, adjuster and restoration organizations can order a TruePlan of a Matterport 3D model with a single click in Xactimate.
  • Matterport TruePlan for Xactimate empowers contractors and adjustors working for insurance carriers to automate the sketching process.
  • By eliminating this time-consuming and manual process, they can drastically reduce cycle times and friction within the claims settlement process.

Verisk’s FAST Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Fourth Consecutive Year

Retrieved on: 
Thursday, August 12, 2021
Culture, VRSK, ESG, Certification, YouTube, Publication, LinkedIn, Magic Quadrant, Twitter, Automation, Administration system for the state information system RIHA, Machine learning, GLOBE, Compliance, Research, Natural Resources, Insurance, Acquisition, Efficiency, Fraud, Technology, FAST, Policy, Architecture, Software as a service, Solution, Industry, Life, Health insurance, Life insurance, Software, Risk management

JERSEY CITY, N.J, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Verisks FAST platform for the insurance and annuity industry has been recognized for the fourth year in a row as a Leader in the Gartner Magic Quadrant report.

Key Points: 
  • JERSEY CITY, N.J, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Verisks FAST platform for the insurance and annuity industry has been recognized for the fourth year in a row as a Leader in the Gartner Magic Quadrant report.
  • Gartner recognized Verisks FAST, in the August 2021 edition* as a Leader for Individual and Group Life Insurance Policy Administration Systems in North America.
  • Gartner has recognized FAST in this Magic Quadrant report for the past six years.
  • * Gartner, Inc. Magic Quadrant for Life Insurance Policy Administration Systems, North America, Richard Natale, Rajesh Narayan, 10 August 2021.

Insurers Can Integrate Detailed Weather Analytics Into Their Systems with Verisk’s New API

Retrieved on: 
Monday, August 9, 2021
Benchmark, Lightning, Facebook, GLOBE, Wind, Insurance, Culture, Nasdaq, API, Efficiency, Fraud, Natural Resources, VRSK, Risk, Solution, Certification, LinkedIn, Â, Weather, YouTube, ESG, Twitter

Verisk (Nasdaq:VRSK) is a leading global provider of predictive analytics and decision-support solutions.

Key Points: 
  • Verisk (Nasdaq:VRSK) is a leading global provider of predictive analytics and decision-support solutions.
  • Benchmark is a powerful weather solution that provides claims and underwriting teams with comprehensive location-specific weather peril data to help verify the cause of damage and the date the damage occurred.
  • With the new API for Benchmark, insurers can integrate that data into the applications and solutions they use daily to streamline the weather-related loss workflow for property and auto claims as well as evaluate the risk of weather events for underwriting purposes.
  • Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries.