Tracking ISO circulars doesn’t have to be time- or labor-intensive. In fact, it can be as easy as opening an Excel file. The ISO Circular Tracking Extract is a handy compendium of important circular information in one consolidated Excel file that you can easily upload. ISO will customize your daily extract to include the specific [...]
rating service
Tracking ISO Circulars Has Never Been Easier [Video]
by Tammora Warren on May 7, 2013
in Underwriting
Algorithms and Other Enhancements Take the Struggle out of Automating
by Mark Sheehan on January 30, 2013
We’ve posted many times about the complexity of automating insurance rating: how it’s time-consuming, error-prone, and diverts resources you could be using to focus on your own deviations. And we’ve posted about our solutions to help: ISO Rating Service® and ISO Electronic Rating Content. But did you know how far in advance we now deliver [...]
Tagged as: algorithms, ERC, rating service, webinars
New Novarica Report Highlights Vendors Relationship with ISO
by Mark Sheehan on October 24, 2012
in Underwriting
Among the questions insurers should ask when choosing a rating system are whether the vendor has a formal business alliance with ISO and whether the provider offers a subscription service for maintaining ISO products, according to a report from industry analyst Novarica, as noted in Insurance Networking News. That question is critical, because remaining current with [...]
Tagged as: circulars, commercial lines, ERC, Insurance Networking News, loss costs, manuals, Novarica, rating service, rules
Predictive analytics: Changing the way insurers think about their homeowners risks
by Robert Curry on September 27, 2012
There was a time when homeowners underwriting and rating basically followed the old adage “a house is a house is a house.” But over the past ten years or so, the homeowners market has grown increasingly concentrated, leading insurers to fight for market share to create growth. In today’s market, thinking a house is a [...]
Tagged as: analytics, predictive analytics, property, public protection classification, rating, rating service, underwriting
New ISO Circular Tracking Tool Receives Great Reviews
by Mark Sheehan on July 25, 2012
in Underwriting
We’ve been listening to our customers about the challenges they encounter in handling regulatory content — loss costs, rules, forms, statistical codes, and business edits. The process of managing some 4,000 circulars issued each year is too complex and cumbersome, customers have said, and they look to ISO for help. That’s why, in early June, [...]
Tagged as: circulars, ERC, loss costs, manuals, rating service, rules, underwriting
BYOB. Now that I’ve grabbed your attention with a common abbreviation — one discussed in this web seminar, by the way — allow me to present you with some uncommon ones. In fact, I hope you’re hungry, as we offer an alphabet soup in this session on general liability rating and classification. Do you know [...]
Tagged as: classification features, lines of insurance, rating service, underwriting, webinars
