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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 Sapiens DataSuite?

Sapiens DataSuite serves as a comprehensive data and analytics platform tailored specifically for the insurance industry, designed to transform raw data into valuable insights. By aggregating information from multiple sources, it provides real-time analytics that enhance decision-making processes and increase operational efficiency. The platform boasts a vast collection of 70 pre-built reports and offers 10 customizable dashboards, allowing users to adjust their analytical tools according to their specific needs. Through the application of advanced analytics, machine learning, and AI-driven solutions, DataSuite significantly improves the entire value chain within the insurance sector, effectively incorporating AI and ML into both back-office and front-office functions. Moreover, it integrates seamlessly with third-party service providers via Sapiens' partner network, further enhancing business processes and decision-making abilities. With a robust datastore, DataSuite guarantees a cohesive view of detailed information across all insurance lines, fostering efficiency with a well-rounded data strategy. This integrated approach not only empowers insurance professionals to make informed decisions but also enables them to respond quickly to evolving market conditions, ultimately driving growth and innovation within the sector. As a result, organizations leveraging DataSuite can expect to see substantial improvements in their operational performance and strategic positioning.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
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

Sapiens

Date Founded

1982

Company Location

Israel

Company Website

sapiens.com/solutions/data-and-analytics/

Categories and Features

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

Categories and Features

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

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