Underwriting and Rating

Premium Audit Advisory Service (PAAS)

Your source of technical information and training for insurance premium auditors and underwriters.

Precisely interpret rules and classify exposures for commercial casualty insurance

Through a wide range of essential resources and services, PAAS^® helps premium auditors and underwriters properly classify exposures for commercial casualty insurance and provides a liaison between premium audit managers and regulators.

Align insurance to increase overall productivity

Meet strict guidelines with precision utilizing classification guides, bulletins, rating information, and more.

Stay current with industry changes

Respond to changes in policy language, manual rules, classifications, and insurance procedures. Subscribers can use the monthly PAAS Electronic Newsletter to get information about recent changes and events affecting the premium audit professional.

Access continuous professional development

Invest in your future with access to basic training, manuals, web seminars, among other development resources.

Features and capabilities

PAASbase

You’ll benefit from proper risk classifications resulting in more accurate premium charges. PAASbase contains a complete reference library of information and offers you many advantages including increased productivity from a one-stop reference. Subscribe to PAASbase and get access to TAP, PAAS Connect, and monthly webinars.

PAAS Explorer

Classify policies with ease using industry data from approximately 14 million general liability policies from the past five years. With PAAS Explorer, you can more accurately classify the insured’s operations by identifying other class codes which are most commonly assigned on the same policy and easily find classification assistance for operations not frequently classified by auditors or underwriters.

PAASvirtual

Collaborate with commercial lines insurers and policyholders in real-time, using an all-in-one, fully customizable, cloud-based platform empowering users to host and record meetings during the audit life cycle, invite internal collaborators to review important documents, request third party collaborators to view only permitted documents and save all calls, documents, and messages in a single place. Why use 2-3 different vendors when PAASvirtual has it all?

Training

Discover a wide array of training programs, from live webinars to a recorded library of training sessions, which are available 24 hours per day, 7 days per week, all year long. In addition, PAAS has customizable training materials we can use to provide training just for your staff – either in-person or virtually.

Educational bulletins

Information on topics ranging from clarification of the basic rules and procedures to interpretations on evolving technologies.

Legislative bulletins

Details on the latest state and federal legislation affecting the premium audit function.

Products and Services bulletins

Information on the latest publications, seminars, and other training available from PAAS.

Board and Bureau bulletins

Bulletins and circulars issued by the independent rating bureaus.

Audit information summary

Current and past payroll limitations for executive officers, sole proprietors, and partners for workers' compensation and general liability.

Summary of outstanding rate changes

Thorough summary of rate changes that affect outstanding workers' compensation policies, including those written under assigned-risk plans and those mandated by the U.S. Longshore and Harbor Workers' Compensation Act.

Chart of state exceptions

Current state exceptions to NCCI rules for standard exceptions, general inclusions, general exclusions, interchange of labor, basis of premium, uninsured subcontractor, and vehicles under contract.

Just the FAQs

A useful compilation of questions addressed to, and answered by, our PAAS consultation staff. Just the FAQs bring you the benefits of the PAAS staff’s expert answers to questions of interest to PAAS subscribers.

Classification Guides

Get detailed descriptions of all ISO general liability classifications and NCCI workers' comp classifications, as well as state exceptions for both. The guides include extensive interpretations on the intent and proper application of each classification.

PAAS Reimagined

Explore the exciting new features and enhancements designed to take your premium audit and underwriting processes to the next level. PAAS Reimagined features include:

PAAS AI: The industry’s first interactive generative AI chat, specifically developed for premium audit.
Enhanced Search: A modernized search experience with improved functionality and speed.
Expanded Content: More comprehensive information, updated more frequently, for richer insights.
User-Friendly Interface: A sleek, modern design that makes navigation easier and more efficient

Learn more about PAAS Reimagined

Related resources

Stay in the know about important industry trends and innovative solutions.

Webinar

Reimagined PAAS + AI is Here!

Join us for an exclusive unveiling of a reimagined Premium Audit Advisory Service (PAAS). The elevated online experience now includes PAAS AI, the first commercially available interactive generative-AI chat specifically developed for premium audit.

View the webinar

Trainings for PAASbase Subscribers

PAAS Technical Achievement Program (TAP)

The PAAS® Technical Achievement Program (TAP) is a convenient, cost-effective way to train and certify employees who perform physical or telephone audits or who review audit results.

Trainings for PAASbase Subscribers

PAAS Connect

PAAS Connect gives your company’s staff access to numerous interactive training courses, informational sessions, and presentations about emerging issues — on demand from any computer with an Internet connection.

General Trainings

PAAS Basic Training

Discover a wide array of training programs available 24 hours per day, 7 days per week, all year long

Seminars

PAAS Company Sponsored Training

Explore live and recorded webinars of training sessions available 24 hours per day, 7 days per week, all year long.

Do more with the Verisk ecosystem

Get a more complete understanding of risk and take your business to the next level with these solutions from Verisk.

Market intelligence

Spot trends, identify opportunities, and facilitate profitability.

Learn about MarketStance

Consulting

Get actuarial support and ISO product consulting from Verisk actuaries and product experts.

Learn about Insurance Consulting

Instructing Colleague On Desktop Computer

Product development, rating, and implementation

Lay the foundation you need to build your business.

Learn about ISO Forms, Rules, and Loss Costs

Premium and loss portfolio analytics

Join granular premium and loss experience data to guide important decisions about your portfolio. Plus, benchmark your results against an unmatched property and casualty database.

Learn about ISO DataCube and Market Landscape