If you're looking for another option to Verisk, Quanata is a contextual risk prediction and mitigation solution for the insurance industry that uses AI-assisted modeling, real-time telematics and risk-based acquisition innovations to improve underwriting, marketing and claims. The platform combines user and behavior data with telematics data to deliver a more accurate and predictive view of risk, benefiting both insurers and policyholders.
Another option is Insurity, a cloud-based insurance software company with a broad platform for policy, billing and claims. It includes AI-driven insights, an AI Assistant and advanced analytics tools to support the entire insurance life cycle. Insurity has a cloud-native architecture that's designed to be scalable and secure, with more than 500 customers, including 400 that have moved to cloud-based systems on Azure and AWS, so it's a good option for insurers that want to modernize operations and quickly scale up.
CCC Intelligent Solutions is another option with a cloud-based platform for the P&C insurance industry. It links data, advanced AI and ecosystem connections to offer personalized and efficient interactions. Among its features are Intelligent Experiences, workflow optimization and IoT data exchange that can improve claims processing, repair management and customer experience.
If you're interested in behavioral analytics, ForMotiv has a platform that predicts user intent and cuts premium leakage by monitoring hundreds of behavioral data signals. It uses machine learning to convert those signals into intent scores that can be used in a variety of insurance markets like life, auto and commercial insurance, helping carriers monitor agents and improve conversion rates.