Underwriting and Rating

ISO Electronic Rating Content

Digitize ISO advisory loss costs, rules, and forms-attachment logic for commercial lines. Simplify updates and focus more on the work that grows your business.

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Are you manually implementing ISO Circular changes?

How much time and money go into your current form development and approval process? How often do you update your ISO rating content and data? Are there limitations to how you receive this data? Manual processes could be diverting valuable resources.

Discover how ISO Electronic Rating Content™ can help promote speed and efficacy

With multiple, easy-to-use options, however you receive and consume ERC™, you get the same robust rating content directly from the actuarial and insurance line experts who write the ISO Commercial Lines Manual. Gain timely, automated access to:

Reduce effort

With 75 or more ISO circulars issued each week, ERC can help you keep up with changes to forms, rules, and advisory loss costs.

Reduce work time

Process ISO changes faster with ERC when you spend less time implementing changes—so you can focus on analysis and testing.

Reduce overall cost

Decrease overall cost by spending less time interpreting and implementing changes, making IT modifications, and laboring through long cycle times.

Reduce lag

Stay on top of rating updates and avoid manual processes. Insurers using ERC are 33% more likely to be current on ISO releases and process ISO circulars more often.

Reduce errors

ERC minimizes the risk of manual errors in premium calculations by ensuring the accurate and consistent implementation and maintenance of ISO rating content.

Save time, money, and resources while accurately updating your ISO rating content

You can spend 63% less time on a typical change with Verisk’s ISO ERC electronic content delivery—and decrease overall costs as much as 35%.

Want to learn more about the advantages?

Save time, money, and resources while accurately updating your ISO rating content

A fresh way to think about ISO ERC with Rating-as-a-Service

Commercial lines insurance is less complicated when your rating data comes from the experts who wrote the book on it. Discover how cloud-based rating content can help you write policies faster and more accurately.

Learn about ISO ERC vendor partners

A fresh way to think about ISO ERC with Rating-as-a-Service

ERC’s multiple deployment options simplify your information

Verisk’s ISO Rating-as-a-Service (RaaS)

Get a cloud-based solution that helps you make a rating call and receive the results—without installing or maintaining our rating content. Our smart API connects with your user interface.

Human-readable content (HRC)

Save 30% of the work effort without spending time on systems integration. With HRC, implementation-level details come in intuitive HTML files for easy viewing and navigation. Streamline the analysis and interpretation steps of development.

Machine‑readable content (MRC)

Get easy-to-consume files via MRC. Rating data is delivered in comma‑separated values (CSV) files, and rules are delivered in XML for direct consumption by your rating engine.

Related resources

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

Article

Switch to the leading source for delivering ISO rating information

Automate rating process and save time, money and resources with ISO Electronic Rating Content™ (ERC™) and Rating-as-a-Service (RaaS)

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Article

Cloud-based rating can free commercial insurers to focus on growth

Rating-as-a-Service (RaaS) allows insurers to receive Verisk’s ISO Electronic Rating Content (ERC) with a cloud-based API.

Read the article

Webinar

Deliver Speed and Value with the Latest in ISO Rating Tech

Through Dais Technology, an ERC vendor partner, RaaS capabilities can be extended to customize ISO insurance programs for client-specific deviations.

View the webinar on demand

Webinar

Save Time and Resources: How to Rate Policies in Real-Time

Insurance carriers and their vendors spend countless hours updating their rating data to stay current with industry changes. But what if there was a better way?

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Report

ISO Electronic Rating Content is expanding

Explore findings of a new Celent report detailing how ERC is expanding deployment options to provide greater agility, flexibility, and efficiency for ISO rating content.

Download the report