📋 Tender Overview
The number of electric vehicles sold in the UK and Ireland continues to rise. The risk profile of cars on the road is changing making access to technical electric vehicle data critical for insurers and brokers. To help support strategic underwriting and pricing decision making Verisk a leading global data analytics provider announced the launch of its Electric Vehicle Database for the UK and Ireland.Verisks Electric Vehicle Database is a proprietary technical dataset for all new and existing models of battery electric vehicles BEVs and plug-in hybrid electric vehicles PHEVs. The Database provides insurers brokers and MGAs with a pivotal advantage in the electric vehicle space with access to over 175 technical attributes. These attributes include an EVs battery efficiency and performance as well as information on each vehicles acceleration top speed range of a single charge in different conditions battery capacity charger location and warranty period.Weve entered the electric motor age and Verisk is uniquely equipped to help insurers to create new rating attributes for prediction of risk associated with EVs said Jonathan Guard commercial director Ireland Verisk. Verisk is working with its customers to bring new datasets and services that help them to continue to make well-informed decisions as technologies and regulations change.All of the electric vehicle datasets are available via batch append services or through Verisks Data Insight Hub a continuously expanding source of insurance data and analytics accessible at any part of the customer journey including the point of quote.Verisk is a leading provider of motor vehicle data and services to insurers MGAs and brokers in the UK and Irish market. Such services include matching vehicle registrations to rating code groups claims alerts technical data and new datasets such as windscreen data. The Verisk Data Insights Hub provides these datasets and services including the Electric Vehicle Database in a fast automated API service that meets the needs of the markets point of quote services.
