Verisk integrates analytics into Anthropic's Claude AI platform

Verisk Analytics Inc. (NASDAQ: VRSK) announced it has made its insurance analytics available within Anthropic's Claude AI platform through new Model Context Protocol connectors. The integration allows insurance professionals to access Verisk's data through conversational queries within Claude's interface.

The company launched two connectors: Verisk Underwriting Intelligence for accessing loss cost trends and filing signals from Insurance Services Office, and Verisk XactRestore for property restoration professionals to access pricing and estimating data. Both connectors enable users to interact with Verisk's proprietary data using natural language queries.

According to the company, the underwriting connector could save hundreds of hours per insurance carrier annually, while the restoration connector could reduce estimate development time by 30 minutes to two hours per estimate for experienced contractors.

"Trust is the foundation of insurance, and that doesn't change as new technologies emerge," said Lee Shavel, Verisk's president and CEO. "Our role is to bring AI into insurance in a way that reflects the realities of the industry – where data must be authoritative, decisions must be explainable, and accountability remains with people."

Mike Ram, Head of Insurance at Anthropic, stated that the collaboration demonstrates how generative AI can enhance professional decision-making while maintaining industry standards for rigor and accountability.

Verisk's analytics are used by the top 100 U.S. property and casualty insurers, along with global insurers, reinsurers and brokers. The company reports it has deployed approximately 40 AI solutions across the insurance ecosystem over more than two decades.

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