JERSEY CITY, N.J., February 26, 2019 - ISO, a Verisk (VRSK) business, has launched Growth & Profitability Analytics(TM) (GPA(TM)), a new platform that helps insurers find the data they need to benchmark their performance, identify growth opportunities, and develop new products. Verisk is a leading data analytics provider.
The new platform brings together several ISO solutions and is designed to help the growing number of insurance professionals seeking data-driven insights to enhance their decisions. Users simply select a specific objective, such as identify growth opportunities or acquire new business, and the platform identifies the tools they can use to help achieve their goals.
"To succeed in today`s rapidly changing and competitive marketplace, insurers are looking for tools to help them grow profitably," said Deborah Morris, senior vice president of ISO Commercial Lines. "Our new platform makes it easy to access our vast profit- and growth-enhancing analytic solutions and make critical decisions based on robust and relevant information."
Growth & Profitability Analytics leverages Vai (Verisk artificial intelligence and automation) and is powered by one of the largest property/casualty insurance databases in the world, which incorporates a wealth of geographic, industry, and size-of-business information. Users of the platform can easily distill and synthesize the data they need and share their insights with others through interactive visualizations and reports.
To learn more, visit the Growth & Profitability Analytics platform at gpa.iso.com.
ISO, a Verisk (VRSK) business, is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing on unique data assets and deep domain expertise, ISO products and services help insurers underwrite and price risks with greater precision and efficiency and manage claims more effectively across the spectrum of commercial and personal lines of insurance. For nearly 50 years, ISO has been a leader in developing innovative solutions and working with multiple stakeholders in the property/casualty insurance marketplace, including insurers, reinsurers, third-party administrators, agents and brokers, insurance regulators, and risk managers. For more information, please visit www.verisk.com/iso.
Edelman (for ISO)
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Source: Verisk Analytics Inc. via GlobeNewswire