Comparison of key demand surge frameworks

Comparison of the demand surge frameworks available in Verisk Synergy Studio v1.0.0.

Table 1. Comparison of Verisk's three demand surge frameworks

Verisk component	Verisk standard demand surge	Verisk enhanced U.S. demand surge	Verisk enhanced European demand surge
Factor derived based on	Industry loss per model	Cost inflation and labor disruption per state	Cost inflation and labor disruption per country
Applies by coverage?	Yes – factors for coverage A/B, others for coverage D	Yes – factors for coverage A/B, others for coverage D	No - factor applies to all coverages
Applies per event or year?	Each event has its own factor	Each stochastic year has its own factor	Each stochastic year has its own factor
Granularity	Same factor applies to all locations	Factors derived and applied per state	Factors derived and applied per country