Verisk Claims Solutions
Powering the Insurtech Revolution.
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 datasets, including the ClaimSearch database
- Market-leading position in property damage estimation (Xactware)
- Deep domain expertise and analytics in P&C risk
Unique Value: Provides indispensable data and tools that are deeply embedded in the P&C claims ecosystem, enabling insurers to estimate costs accurately, fight fraud, and manage risk.
🎯 Use Cases (4)
✅ 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
Offers industry-standard tools like Xactimate and the ClaimSearch database, which have network effects and data assets that are difficult for competitors to replicate.
💻 Platforms
✅ Offline Mode Available
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Varies by product tier)
🔒 Compliance & Security
💰 Pricing
🔄 Similar Tools in Claims Analytics
Guidewire ClaimCenter
An end-to-end claims management system for P&C insurers, covering intake to closure....
Duck Creek Claims
A SaaS-based claims management solution for P&C insurers, focusing on automation and low-code config...
Origami Risk
A unified platform for risk, safety, and claims management, offering extensive analytics and automat...
Sapiens ClaimsPro for P&C
A comprehensive claims management solution for P&C insurers, part of the Sapiens IDITSuite....
Snapsheet Claims
A cloud-native claims management platform focused on virtual appraisals and digital customer experie...
LexisNexis Claims Analytics
A suite of data and analytics solutions to improve claims decisions, from FNOL to settlement....