Insurance Consulting

Where can you turn for access to decades of insurance industry experience, hundreds of experts, an industry-leading database, and flexibility to innovate with customized products using advanced technology? Start with Verisk’s consulting services.

Are you deriving maximum value from the Verisk solutions you're currently using?

You may have the tools, but deriving the most benefit from them takes effort—even as the challenges of your day-to-day operations demand attention and resources. How are you leveraging the necessary data and analytics to manage your business effectively?

Work with Verisk to build or customize products uniquely designed for your needs

Whether you're a start-up or established insurer, we can help lay the foundation for your insurance programs with industry-standard forms, rules, and loss costs, that help you go farther, faster.

Boost your profitability

Leverage predictive models to refine your loss cost estimates.

Grow new lines of business

Explore potential market opportunities with analyses drawn from one of the world’s largest insurance databases

Visualize your true competitive position

Analyze your portfolio, identify emerging risks, and improve loss experience using Verisk data sets and tools.

Optimize overall performance

Draw maximum value from Verisk solutions with expertise straight from the source.

Core Lines Services

Since our formation, hundreds of property/casualty insurers have trusted us for information and tools to help build and sustain their business. Verisk’s Insurance Policy Programs are available across 31 programs of commercial and personal lines, informed by nearly 30 billion statistical records enhanced by actuaries, data scientists, and coverage, legal, and government affairs experts. Why trust anyone else?

Features and capabilities

Analytics

Drive decisions with targeted analytics using Verisk or company data.

Custom desktop rating tools

Use purpose-built end-user analysis tools to rate policies in a desktop environment using Excel.

Rate filing

Develop actuarial materials to submit rate filings.

Reserving

Develop indicated loss and loss adjustment expense (LAE) reserves and prepare Statements of Actuarial Opinion to file with regulators.

Product development

Create a bespoke rate structure with insights from Verisk forms, rules, loss costs, and data products.

Market research

Analyze potential new markets with our actuaries, leveraging Verisk data and tools for insights specific to your business needs.

Rate structure review

Analyze, refine, and strengthen statewide and territorial rating and conduct benchmarking with insights from proprietary Verisk data.