Ron Beiderman

With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage.

Are you worried that your policy forms may be inconsistent or outdated?  Are you frustrated when you try to find and update forms, or get new products out the door? If so, you may be suffering from wording leakage.

The growth of new business opportunities and private investments are creating new risks in commercial lines.

Verisk has launched an application programming interface (API) for Mozart Form Composer™, ISO’s forms management tool and product development platform.

Insurers need to act expeditiously to update their forms that are outdated and ensure that their cancellation and nonrenewal provisions are consistent with the law.