Pearl selects Verisk’s data, analytics to streamline insurance delivery

Pearl Holding is harnessing LightSpeed from Verisk to help improve control and save money within its agent distribution channel. PHG provides affordable auto insurance to the nonstandard market using Verisk’s LightSpeed for Personal Auto. By bringing pivotal underwriting analytics forward in a single data payload, LightSpeed can streamline workflows and help provide reliable quotes to consumers in seconds. “Delivering a robust data payload at the front end of the process is a cost-effective strategy that can help insurers to harness automated workflows, quickly segment risk, and improve the agent experience,” said Joe Wodark, vice president of auto insurance underwriting solutions at Verisk. “With Verisk’s technology and pricing flexibility, PHG is lowering its cost per acquisition while helping more consumers obtain coverage quickly and easily.”