Next Generation Verisk ISO ERC Solution
30 September 2021
Digital Access to ISO Loss Costs, Rules, and Forms
Abstract
For decades, commercial insurers’ agility, competitiveness, and profitability have depended in large part on their ability to consume current versions of Insurance Services Office, Inc.’s (ISO) Commercial Lines Manual (CLM), and to modify them as needed.
To facilitate consumption of this content, Verisk offers its ISO Electronic Rating ContentTM (ERCTM) solution. In 2021, Verisk is releasing a significant upgrade to ERC, which is the focus of this Solution Brief.
These are the ERC upgrade's value propositions addressed in the report: