AI Index / Verisk Analytics, Inc.
Verisk Analytics, Inc. (VRSK)
Verisk, an analytics and data provider, leverages AI to enhance data insights and operational efficiency for clients in the insurance industry. Their AI-driven analytics solutions assist in risk assessment and decision-making processes.
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Across Verisk, we have been focused on driving innovation and leaning in on our use of generative AI, embedding new features in some of our core products to deliver greater insights and efficiencies for our clients.
- Lee Shavel
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Quotes from verisk-analytics Executives About Artificial Intelligence and Generative AI
As part of our Core Lines Reimagine initiative, we launched Premium Audit Advisory Service AI, a first-to-market AI chatbot. This invention enables insurers to research classifications and rules to ensure risks are accurately classified at underwriting, with information retrievable over 95% faster than our legacy solutions.
- Lee Shavel
Within Mozart, our forms management platform, the Mozart Compare with AI enables our customers to compare across ISO forms to quickly identify changes we have made to coverage language to reflect up-to-date market and compliance requirements.
- Lee Shavel
We are in the early stages of a commercial introduction of Underwriting Assistant, our AI-powered solution that produces transformative underwriting results with greater efficiency and data accuracy, enabling users to maximize their productivity and effectiveness.
- Lee Shavel
Our interactive chatbot provides real-time expert advice to underwriters and agents, which leverages our deep domain expertise and proprietary data.
- Lee Shavel