Release details

2019-05-20 16:00 CEST
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Verisk's ISO ClaimSearch Accelerator Receives Ready for Guidewire Designation

Customers can quickly access loss history reports in new, visualized platform

JERSEY CITY, N.J., May 20, 2019 - Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced its latest ISO ClaimSearch® accelerator. The accelerator enables ISO ClaimSearch customers that use Guidewire ClaimCenter v9 to quickly integrate the new, visualized platform of ISO ClaimSearch into their workflows.

Now, Verisk customers that use ClaimCenter v8 or v9 can instantly access the actionable insights and real-time claim analytics of the ISO ClaimSearch visualized platform directly within their claims systems. Users will be able to take advantage of graphical, interactive loss history reports that highlight relevant data to help claims handlers make quicker and better-informed decisions. The v8 accelerator was implemented in 2017.

"As insurers look for ways to improve efficiency and meet changing customer expectations, it's critical to have tools that streamline the claims process," said Carlos Martins, vice president and general manager of ISO Claims Solutions at Verisk. "The new accelerator allows our customers that use Guidewire ClaimCenter v9 to quickly access the claims intelligence and fraud detection capabilities of ISO ClaimSearch. This is another example of our commitment to help increase our customers' productivity and improve results across the industry."

The accelerator will also help insurers transition to the ISO ClaimSearch visualized platform before July 1, 2019, when ISO ClaimSearch will support loss history reports only on the new platform.

Verisk is a member of the Guidewire PartnerConnect(TM) Solution program, a network of select companies that provide complementary software, technology, data, and insurance support solutions to enhance and extend the capabilities of Guidewire products. Guidewire is also a member of Verisk Strategic Alliances and licenses a wide variety of ISO data, information, and related products.

About Verisk
Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor's S&P 500® Index. In 2018, Forbes magazine named Verisk to its World's Best Employers list. For more information, please visit www.verisk.com.

About Guidewire PartnerConnect and Ready for Guidewire
Guidewire PartnerConnect(TM) is a global network of select partner companies that provide consulting services and solutions to enhance, extend, and complement the capabilities of Guidewire products. Ready for Guidewire accelerators developed by PartnerConnect Solution members have been rigorously reviewed by Guidewire, adhere to Guidewire software design principles, and meet established criteria. The accelerators are published in the Guidewire Marketplace and are available for download by Guidewire customers at no charge.

About Guidewire Software
Guidewire delivers the industry platform that property and casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business. We are privileged to serve more than 350 companies in 32 countries. For more information, please visit www.guidewire.com. 

Contact:

Eboni Thomas
Edelman (for Verisk)
212-642-7784
eboni.thomas@edelman.com

HUG#2244632