Do you have blind spots in your portfolio?
Without adequate understanding of all the relevant perils at the postcode or address level, UK property insurers may struggle to mitigate their exposure, tailor pricing, and improve profitability. Whatever the peril, what if you could access such insight without any hassle?
Get more precise risk estimates at the postcode unit and address level
The Perils Insight product suite is a set of data models that predict the relative risk and variation of claims for major perils for both household and commercial property insurance.
Simplify underwriting
Easily segment postcodes and addresses to refine rating and boost underwriting results, powered by high-resolution property, natural hazard, and demographic data.
Inform your decisions with the best available data
Use data models regularly recalibrated with the latest available perils and claims data and adjusted for changing risk patterns.
Gain new perspectives on risk aggregation
Understand and improve the management of your aggregate exposures to help reduce reinsurance costs.
Features and capabilities
Accidental Damage
Gain invaluable perspectives into the distribution of accidental damage risk across the UK through our model, which combines detailed property, lifestyle, and demographic descriptors.
Escape of Water
Our model uses historic claims patterns for burst pipes and non-weather-related escape of water incidents, with more than 100 million data records across 26 million properties and 1.7 million postcodes.
Flood
We reliably assess risk for fluvial and coastal flooding, combining factors such as the built environment and local terrain to estimate the risk down to the individual property level.
Fire
We use detailed postcode-level predictors of fire risk, supported by deliberate and accidental fire incident data and the drive times to the nearest fire station.
Freeze
We combine comprehensive temperature information with highly detailed property, environment, and demographic factors to estimate the risk of a burst pipe claim during freezing spells.
Theft
Our model looks at developing crime patterns and underlying economic trends to quantify the relative risk and variation of theft, with detailed, postcode-level theft risk estimates.
Storm
Our model predicts the relative risk and variation of windstorm damage with more than 72 million wind speed recordings across the UK, factoring in rainfall, topography, and urban density.
Subsidence
We supply greater insight into ground movement-related risk through our model, which uses unique data sources for rainfall, vegetation, and geology and cross-references them with property characteristics and historical claims data.
Do more with the Verisk ecosystem
Our suite of underwriting tools and data sets provide granular and accurate insight into the risk associated with any building and the people who live there, along with previous claims information and relevant perils exposure at a postcode or address level.
Escape of water risk assessment
Use machine-learning algorithms to model the risk of escape of water claims due to non-freeze events in residential properties across the UK.
Freeze risk assessment
Use advanced analytics to model the relative risk of escape of water claims due to burst pipes following localised frost events across the UK.
Automated rapid property characteristics
Underwrite more accurately and efficiently with near-instant building characteristics of residential properties using high-resolution aerial images, street-level mapping, and high-quality proprietary data sources.
Interactive property risk mapping
Develop a more comprehensive view of property risk with interactive mapping technology to visualise all the different risk accumulations at an individual address or postcode level.
Customer demographic and risk data
Make sense of large geodemographic classifications and track insurance uptake trends across your client base for product builds and marketing offers. Generate risk assessments of customers based on their claim frequency and average claim value.
Property address verification
Identify any address of the 30 million addressable properties in the UK. Ensure your addresses are accurate when making use of any address-level risk model.
Contact us to learn more
Please contact us for questions, technical support, or to reach a salesperson. We are available Monday through Friday, 9 a.m. — 5 p.m. BST:
Global toll-free:
International Access code, then 800 48977489.
Main toll-free:
1-800-888-4476