Case Study: Verisk achieves better claims decisions, fraud detection, and catastrophe management with TIBCO Cloud™ Mashery

Verisk’s Insurance insights enable better claim decision, fraud detection, and catastrophe management

Verisk, a provider of predictive analytics and decision-support solutions for the insurance industry, needed a better way to present complex claims, fraud, weather, and catastrophe data so customers could understand and act on it more easily. It turned to TIBCO Cloud™ Mashery’s ecosystem as referenced in the case study, using TIBCO Spotfire software to improve data visualization and speed delivery of actionable insights.

TIBCO Cloud™ Mashery, through TIBCO Spotfire, helped Verisk build interactive dashboards and visual analytics for claims, fraud detection, weather risk, and catastrophe modeling. The result was faster decision-making, better fraud detection, and improved catastrophe planning, with measurable scale including 21 billion policy records handled, 1.2 billion insurance claims visualized, and 14 petabytes of data wrangled.

Verisk

Anthony Fiorino

Vice President of Engineering and Chief Data Officer