From precise claim assessments to streamlined workflows, insurers and adjusters use Benchmark reports for enhanced efficiency, accurate data-driven insights, and faster claim resolutions, leading to improved customer satisfaction and optimised claims management.
Benchmark reports, let you validate claims faster with our precise weather data that shows you the actual weather events that caused the damage.
Get precise, location-specific data on weather events for fair and objective claim assessments, fewer disputes and happier policyholders.
See any locations history of weather events so you can better evaluate risks, right-size premiums and customise coverage by detecting pre-existing damage.
Benchmark integrates with Verisk industry platforms such as Xactimate® and XactAnalysis®, streamlining the claims process.
Based on XactAnalysis industry data, 40% of hail-related claims have an inconsistent loss date, often leading to miss-classification. Plus, 1% of hail claims have a corrected date of loss prior to policy inception, so you might pay for another insurer’s claim.
Get a firsthand look at the capabilities of Benchmark.
Do even more with Benchmark data. Use the Benchmark API to integrate location-specific weather data directly into your existing applications, plugging the data into your workflow where you need it.
Have Benchmark reports delivered to you in the way that suits your workflow best, including via Xactimate, and XactAnalysis.
Set your own customisable rules to order reports automatically based on peril type, intensity, and location. Rules-based ordering is the industry-preferred method for increasing efficiency and saving costs.
Unlock even more efficiencies by harnessing the full potential of the Verisk ecosystem.
Tap into the largest and only full-cycle property insurance claims management solution.
The most powerful and comprehensive solution for property claims estimating.