Company behind ClaimXperience, a collaborative claims handling platform.
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Verisk and law firm Weightmans have collaborated to launch Fraud Rely, a platform that integrates Verisk's anti-fraud technology with Weightmans' proprietary fraud data. The platform is designed to assist insurers, claims handlers, and counter-fraud teams in identifying suspicious activities and prioritizing high-risk cases by providing earlier visibility into potential fraud across the claims lifecycle.
The National Association of State Fire Marshals (NASFM) and Verisk have entered a collaboration to standardize the documentation and recognition of fire protection systems. The initiative integrates standardized inspection, testing, and maintenance (ITM) data into fire safety grading and insurer risk assessments, including Verisk’s ISO Public Protection Classification. The data will be captured via the i-Trax platform, operated by Aztek Fire Safety, to improve the accuracy of community and property-level risk evaluations.
Davies has integrated the Verisk Property Claims Carbon Calculator into its UK and Ireland property claims operations. This tool measures and manages the carbon impact of claims by utilizing claim-specific data, such as material use and contractor activity, to replace high-level estimates. The emissions model is independently assured by the Carbon Trust Assurance and allows insurers to track emissions performance across their supply chains to support ESG and sustainability objectives.