Verisk Analytics, Inc. and Equifax Inc. have entered into a strategic agreement to jointly develop the Inflection Insurance Score. Inflection is a new credit-based scoring solution that combines the robust credit data of Equifax with the insurance expertise and analytics of Verisk to help personal auto and property insurers enhance underwriting and improve growth and profitability. Inflection will provide insurers with a balanced framework in which to evaluate consumers, based on two years of trended credit data.

The score will supplement traditional point-in-time snapshots, helping insurers gain a more dynamic picture of risk levels and quickly develop more precise quotes for increased profitability and customer satisfaction.