Claims Solutions

Benchmark

Easily validate claims with critical insights about weather events in near-real-time. Get Benchmark^® reports and data in the Verisk platforms you use today.

Unleashing powerful weather insights

From precise claim assessments to streamlined workflows, insurers and adjusters use Benchmark reports for enhanced efficiency, accurate data-driven insights, and faster claim resolutions, leading to improved customer satisfaction and optimised claims management.

Increased efficiency around validating claims

Benchmark reports, let you validate claims faster with our precise weather data that shows you the actual weather events that caused the damage.

Accurate claims assessment

Get precise, location-specific data on weather events for fair and objective claim assessments, fewer disputes and happier policyholders.

Enhanced risk evaluation

See any locations history of weather events so you can better evaluate risks, right-size premiums and customise coverage by detecting pre-existing damage.

Streamlined claims process

Benchmark integrates with Verisk industry platforms such as Xactimate^® and XactAnalysis^®, streamlining the claims process.

Redefining accuracy in claims verification

Based on XactAnalysis industry data, 40% of hail-related claims have an inconsistent loss date, often leading to miss-classification. Plus, 1% of hail claims have a corrected date of loss prior to policy inception, so you might pay for another insurer’s claim.

Analyse storm impact with precision

Get a firsthand look at the capabilities of Benchmark.

Features and capabilities

Customised Benchmark access

Do even more with Benchmark data. Use the Benchmark API to integrate location-specific weather data directly into your existing applications, plugging the data into your workflow where you need it.

Flexible delivery options

Have Benchmark reports delivered to you in the way that suits your workflow best, including via Xactimate, and XactAnalysis.

Automatic, rules-based ordering

Set your own customisable rules to order reports automatically based on peril type, intensity, and location. Rules-based ordering is the industry-preferred method for increasing efficiency and saving costs.

Related resources

See the power of precise weather verification with sample Benchmark reports.

Report

Hail Sample Report

Hail reports offer a detailed view of hail event history at a specific location, including hail size and probability of severe hail. You can verify severe weather and events at and around a loss site and correct the reported loss date as needed.

View the report

Report

Lightning Sample Report

Lightning reports identify when lightning occurred at or near a loss location, including details on the number of strikes occurring within 5 miles of the property over a three-day period.

View the report