Rick Stoll

Insurers need to aggressively pursue the small commercial segment of the industry. It’s a unique opportunity with specific challenges in communicating to the customer.

Insurance agents crave simplicity. Humans are naturally drawn to simplicity. Our brains are hardwired for it.

After accuracy of quotes, the agents in Verisk's agents survey indicated that speed to quote is the most critical factor in considering which insurer to work with.

Verisk surveyed independent insurance agents who work in the small commercial market to gain insight into their thought and decision-making processes when dealing with small commercial insurers. We asked them several questions regarding their relationships with insurers and what their perceived pain points were. Agents identified reliability of quote as their number one concern.

Commercial auto underwriting losses are growing 16.2 percent annually. But some insurers are thriving—and making handsome profits. Here’s what they’re doing differently.

One might assume that, when dealing with insurers, agents are motivated primarily by commissions. However, according to a recent Verisk agent survey, that's not true at all.

Verisk’s report provides an analysis of the causes, scope, and remedies for the problems plaguing many insurers in the commercial auto market.

$1.3 billion. According to a Verisk analysis of commercial portfolios, that’s the estimated amount of commercial property premium leakage occurring in just one year.

According to CB Insights, as of August 2016, nearly 33 companies—both start-ups and household names—are devoting resources to developing self-driving vehicles.

Underwriters today have a thirst for reliable data but often face daunting research challenges to find it.