ISO-INSURANCE-SERVICES

Verisk agency for US P&C statistics and rating.

Definition

ISO/Verisk maintains ISO Forms (the contract-side counterpart to ACORD), publishes Loss Costs and computes the Industry Loss Index. Carriers transmit ISO statistical reports as flat files or via Verisk InsureTech APIs.

Origin

ISO Insurance Services founded in 1971 ; integrated into Verisk Analytics in 2009.

Example in context

A carrier submits its ISO General Liability Statistical Plan reports quarterly.

Related terms

• ISO Personal Auto — sub-segment.