Verisk and Swiss Re Help Insurers Drive High Performance Auto Portfolios
May 24 2022 - 8:00AM
Verisk (Nasdaq: VRSK), a leading global data analytics provider,
announced today that Swiss Re is using Verisk’s ISO DataCube™ to
help auto insurers improve the performance of their existing books
and unlock new business opportunities.
Using ISO DataCube, a dynamic tool that provides aggregate
premium and loss experience data by line of business, Swiss Re's
Motor Market Insights delivers customized data sets and bespoke
analysis to help companies make smarter underwriting, distribution
and marketing decisions and increase profitability.
“To grow in a sustainable way, insurers need speed to market and
the ability to benchmark and focus on their competitive strengths,”
said Duare Perez, Head of P&C Analytics Americas at Swiss Re.
“By partnering with Verisk, we're delivering industry-leading data
to our clients' doorstep that they'll use to their advantage."
Impact+, Motor Insights and other data analytics solutions from
Swiss Re are designed to help companies more effectively identify
trends, adapt their strategies and product development, benchmark
performance against peers or the market and grow in a strategic
way.
"We're excited to team with Swiss Re in leveraging the
predictive power of aggregated insurance data," said Elliot Burn,
vice president and head of actuarial and data products for
commercial lines at Verisk. "In a data-rich world, we're changing
the game so companies can write better business and write business,
better. It's a powerful proposition."
About Verisk Verisk (Nasdaq: VRSK)
provides data-driven analytic insights and solutions for the
insurance and energy industries. Through advanced data analytics,
software, scientific research and deep industry knowledge, Verisk
empowers customers to strengthen operating efficiency, improve
underwriting and claims outcomes, combat fraud and make informed
decisions about global issues, including climate change and extreme
events as well as political and ESG topics. With offices in more
than 30 countries, Verisk consistently earns certification
by Great Place to Work and fosters an inclusive
culture where all team members feel they belong. For more,
visit Verisk.com and the Verisk Newsroom.
Michelle Pantina
Verisk
551-500-7327
michelle.pantina@verisk.com
Verisk Analytics (NASDAQ:VRSK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Verisk Analytics (NASDAQ:VRSK)
Historical Stock Chart
From Jul 2023 to Jul 2024