Verisk alternatives

3 tools to consider instead of Verisk, shown against it.

Verisk Guidewire Predict Cotality Moody's RMS
Vendor Verisk Analytics, Inc. Guidewire Software, Inc. Cotality (formerly CoreLogic) Moody's Corporation
Pricing model Quote only Quote only Quote only Quote only
Free tier No No No No
Deployment Cloud Cloud, Self-hosted Cloud Cloud
Open source No No No No
Best for P&C insurers and reinsurers that need third-party risk data and analytics to underwrite and price policies. P&C insurers already on Guidewire's core systems who want predictive models embedded directly in underwriting and claims workflows. Insurers and lenders needing parcel-level property and hazard data for underwriting and valuation. Insurers, reinsurers and ILS investors quantifying catastrophe and climate risk across a portfolio.
Pricing

Data licensing and analytics access priced per dataset, volume and use case; not published.

Pricing has not been verified yet — see the vendor's site.

Licensed as an add-on to Guidewire InsuranceSuite; pricing not published.

Pricing has not been verified yet — see the vendor's site.

Data licensing priced by dataset, coverage area and volume; not published.

Pricing has not been verified yet — see the vendor's site.

Enterprise licensing by model peril, region and exposure volume; not published.

Pricing has not been verified yet — see the vendor's site.

Features
  • Proprietary property and casualty claims databases (ISO ClaimSearch)
  • Catastrophe and weather-risk data feeds
  • Underwriting and rating rules content (ISO lines)
  • Auto and property claims fraud and subrogation analytics
  • Predictive scoring models for underwriting risk
  • Regulatory and compliance content for insurance filings
  • Predictive scoring embedded directly into claims and underwriting screens
  • Fraud and litigation-risk scoring for claims handling
  • Submission triage and risk-appetite scoring for underwriting
  • Pre-built and custom model deployment via Guidewire Cloud
  • Model performance monitoring dashboards
  • Data science workbench for actuaries and analysts
  • Property-level parcel and ownership data across U.S. markets
  • 30-year environmental and hazard risk forecasts (Hazard HQ)
  • Automated valuation models and home-price forecasting
  • Address verification and property data quality tools
  • Underwriting and catastrophe risk data feeds for insurers
  • Real-time hurricane and disaster tracking
  • High-definition catastrophe models (hurricane, earthquake, flood, wildfire)
  • Climate change scenario and physical-risk analytics
  • Exposure management and portfolio risk aggregation
  • Casualty and cyber risk modeling modules
  • Intelligent Risk Platform for cloud-based model deployment
  • Event response services after major catastrophes

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