PriyaPatel
TLDR:
- Verisk offers data-driven platform for managing life insurance and annuities.
- They provide solutions for underwriting, risk assessment, compliance, and claims management.
Data-Driven Platform to Manage Life Insurance and Annuities
Verisk offers innovative insurance solutions powered by advanced data analytics, technology, scientific research, and deep industry knowledge. Their focus is on property & casualty insurance, life and annuities, reinsurance, and specialty markets.
They provide solutions for underwriting and rating, personalized property, commercial property, personal auto, commercial auto, general liability, small commercial, and other lines of business. These solutions help in risk selection, compliance, and portfolio assessment.
In claims management, Verisk offers various tools like FNOL investigation, weather response, workflow automation, decision support and analytics, and catastrophe claims data.
They also provide solutions for anti-fraud compliance, estimation and valuation, and resolution of claims to increase accuracy and efficiency throughout the claims process.
Moreover, Verisk caters to extreme event risk by providing risk models, software solutions, consulting services, and natural hazard risk and response analytics.
In addition, they offer solutions for construction, consumer insights, sustainability and resilience, government and municipalities, real estate and mortgage servicing, and transportation to help insurers and reinsurers assess risk, improve outcomes, build resilience, and seize strategic opportunities.
