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Verisk Claims Solutions

Powering the Insurtech Revolution.

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Overview

Verisk provides a wide range of data analytics, software, and services for the P&C insurance industry's claims operations. Their offerings cover property estimating (Xactimate), auto claims (ClaimXperience), casualty and liability assessment, and fraud detection, aiming to improve accuracy, efficiency, and outcomes.

✨ Key Features

  • Property damage and repair cost estimation (Xactimate)
  • Virtual collaboration and inspection tools (ClaimXperience)
  • Claims fraud detection (ClaimSearch)
  • Bodily injury and liability evaluation
  • Catastrophe modeling and response
  • Subrogation services

🎯 Key Differentiators

  • Proprietary data sets and advanced analytics
  • Comprehensive solutions across the insurance value chain

Unique Value: Helps insurers make more informed decisions and improve outcomes by providing unique data assets, deep domain expertise, and advanced analytics.

🎯 Use Cases (4)

Property claims estimation and settlement Auto claims processing and virtual inspection Identifying fraudulent claims activity Managing catastrophe (CAT) claims events

✅ Best For

  • Industry-standard property repair cost estimation
  • Cross-carrier claims fraud database lookup

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Companies seeking a single, all-in-one claims management system
  • Insurers outside the P&C market

🏆 Alternatives

LexisNexis Risk Solutions CoreLogic

Offers a broader range of data and analytics solutions for the insurance industry compared to many point solutions.

💻 Platforms

Web Desktop Mobile API

✅ Offline Mode Available

🔌 Integrations

Guidewire Duck Creek Various other core systems via API

🛟 Support Options

  • ✓ Email Support
  • ✓ Live Chat
  • ✓ Phone Support
  • ✓ Dedicated Support (Varies by product tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ ISO 27001 ✓ SSO ✓ ISO 27001 ✓ SOC 2 Type 2

💰 Pricing

Contact for pricing
Visit Verisk Claims Solutions Website →