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What is Verisk A-PLUS?

Verisk's A-PLUSâ„¢ Personal Lines Loss History Solutions provide insurers with customized tools that allow access to claims and loss data spanning up to seven years, enabling more accurate underwriting and rating decisions. These solutions feature flexible options, including detailed reports that adhere to the Fair Credit Reporting Act (FCRA) and the Claims Activity Profiler (CAP), which emphasizes claims activity during the quoting phase. By integrating A-PLUS into their processes, insurers can enhance the precision of initial quotes, reduce unexpected premium variations at the binding stage, and improve the overall customer journey. The system's unique algorithm ensures comprehensive claim documentation is achieved with minimal input, streamlining the underwriting process. In addition, A-PLUS offers essential features like access to over 300 million crash records, which help fill in any gaps in loss history reports, thereby providing a more complete view of an applicant's risk profile. This all-encompassing strategy not only supports improved decision-making but also cultivates stronger relationships between insurers and their clients, ultimately leading to better service and satisfaction. Such advancements in technology and data utilization are setting new standards in the insurance industry.

What is IQX Platform?

Global IQX equips employee benefits providers with cutting-edge automation solutions powered by artificial intelligence, enabling sales and underwriting teams to focus on their most impactful tasks. As the organization gears up to introduce more AI and machine learning initiatives this year, it remains dedicated to improving its automation and predictive analytics capabilities, adapting to the rapidly shifting needs of customers. Celebrated as the leading provider of AI-augmented employee benefits software, Global IQX distinguishes itself through its inventive sales and underwriting workbench, which features flexible components for a variety of activities such as quoting, rating, proposals, enrollment, and renewals across an extensive array of benefit products. This platform is built to be robust and forward-looking, serving as a foundation for digital transformation in the insurance industry. By offering a rich suite of agile AI tools, customizable modules, and microservices, Global IQX aids insurers worldwide in digitizing and optimizing processes associated with new business acquisition and renewals for both employee and voluntary benefits, ultimately enhancing operational efficiency. As the insurance industry undergoes continuous changes, Global IQX is strategically positioned to spearhead advancements with innovative solutions designed to address the evolving demands of the market, ensuring that clients remain competitive. In doing so, they not only improve their own operations but also contribute to the overall evolution of the insurance landscape.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Webinars
On-Site Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Verisk

Date Founded

1971

Company Location

United States

Company Website

www.verisk.com/products/a-plus-personal-lines-loss-history-solutions/

Company Facts

Organization Name

Global IQX

Date Founded

1999

Company Location

United States

Company Website

www.globaliqx.com

Categories and Features

Categories and Features

AI Insurance

Not specified

Insurance Underwriting and Rating

Broker / Agent Portal
Comparative Insurance Rating
Customer Portal
For Health / Medical Insurance
For Life Insurance
Multi-State
Multiple Line Rating

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