Anthony R. O’Donnell // November 17, 2023
(Image source: Verisk FairCheck landing page.)
Global data analytics and technology provider Verisk (Jersey City, N.J.) has announced the launch of FairCheck, a solution designed to help insurers test their personal lines models and variables to respond to regulatory changes. FairCheck comprises a customizable, scalable methodology and consultative service to help evaluate and mitigate the potential for unfairly discriminatory outcomes, including in advance of regulatory filings, according to a Verisk statement.
Verisk notes that insurers face enhanced