Insurance Services Office (ISO)

Published: | Updated: May 23, 2017

Definition - What does Insurance Services Office (ISO) mean?

The Insurance Services Office (ISO) is an organization that helps insurance companies with crafting policies, helps them meet statutory laws, and provides information based on data it has accumulated since its inception in 1971.

Its headquarters are in Jersey City, New Jersey.

Insuranceopedia explains Insurance Services Office (ISO)

ISO's expertise is property and casualty insurance risks.

ISO boasts of an impressive database of industry-related data that ranges from actuarial projections to ratings histories. In addition to its large database, ISO also hires personnel from prestigious groups like the Casualty Actuarial Society. For this reason, insurance companies seek out its professional advice when drafting policies.

The Insurance Services Office is part of Verisk Analytics, Inc., a company also based in Jersey City, New Jersey.

How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this:

Connect with us

Email Newsletter

Join thousands receiving the latest content and insights on the insurance industry.