The accelerators are published in the Guidewire Marketplace and are available for download by Guidewire customers at no charge.
ISO CLAIM SERACH SOFTWARE
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. Guidewire PartnerConnect™ is a global network of select partner companies that provide consulting services and solutions to enhance, extend, and complement the capabilities of Guidewire products. For more information, please visit About Guidewire PartnerConnect and Ready for Guidewire Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor's S&P 500 ® Index and part of the Nasdaq 100 Index. Around the world, Verisk helps customers protect people, property, and financial assets. 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. 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 (Nasdaq: VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services.
ISO CLAIM SERACH ISO
Guidewire is also a member of Verisk Strategic Alliances and licenses a wide variety of ISO data, information, and related products. Verisk is a member of the Guidewire PartnerConnect™ 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.
ISO CLAIM SERACH FULL
“We’re pleased that the new accelerator enables our customers that use Guidewire ClaimCenter 10 to quickly and efficiently access all the features of ISO ClaimSearch® as well as a full suite of claims solutions that can help improve efficiency and mitigate risk.”
“Fast access to loss history details and claim insights is critical to accelerating claims processes and meeting customer expectations,” said Carlos Martins, senior vice president of ISO Claims Solutions at Verisk. Customers that use Guidewire ClaimCenter 10 can now quickly access these capabilities within their claim systems, as well as other Verisk applications they subscribe to via the new accelerator. ISO ClaimSearch® is the most comprehensive source of property/casualty loss history records available to the industry and provides innovative claims intelligence, fraud detection, and compliance reporting capabilities to improve claims processing. The accelerator enables customers that use ClaimCenter v10 to seamlessly access the real-time claim analysis, valuable alerts, and actionable insights available through the ISO ClaimSearch platform. Claims with high scores that meet company-defined thresholds may be referred directly to the Special Investigations Unit (SIU).Jersey City, NJ, J(GLOBE NEWSWIRE) - Verisk (Nasdaq: VRSK), a leading data analytics provider, today announced a new ISO ClaimSearch ® accelerator for Guidewire ClaimCenter v10. Claims scoring systems can compare all of the claim’s attributes against proven fraud indicators, and provide a score based on matching claims information as well as the information on the parties involved. Further investigation of the case could reveal that the accident actually took place before the policy change was requested. The close timing of the policy change and the accident would give the claim a higher score. Take the example of a policyholder who lowers his deductible and soon after has an auto accident. Thousands of data points can be identified and captured for claims analysis. Claims scoring employs scenario-based models to assign a numerical ranking to a claim based on the likelihood of fraud. This technology provides adjusters with a more effective way to distinguish between suspicious and meritorious claims. Claims scoring was the next development in the evolution of fraud-fighting capabilities.