Verisk Analytics

Verisk Analytics, Inc. is an American data analytics and risk assessment firm based in Jersey City, New Jersey, United States, serving customers worldwide in insurance, natural resources, financial services, government, and risk management. The company uses proprietary data sets and industry expertise to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and other fields.

Verisk Analytics Inc

Wood Mackenzie is a global energy, chemicals, renewables, metals and mining research and consultancy group with an international reputation for supplying comprehensive data, written analysis and consultancy advice. In 2015, the company was acquired by Verisk Analytics, an American data analytics and risk assessment firm, in a deal valued at $2.8 billion.

Wood Mackenzie

Verisk Analytics, Inc. engages in the provision of data, analytics, and technology services. The firm also offers predictive analytics and decision support solutions to clients in rating, underwriting, claims, catastrophe, and weather risk fields. The company was founded in 1971 and is headquartered in Jersey City, NJ.

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Verisk Analytics reports robust Q4 performance and eyes growth opportunities

Verisk Analytics showcased strong financial performance and strategic changes in Q4 2022, with a focus on margin improvement.
Despite challenges, the company's strengths in insurance, capital efficiency, and client engagement position it well for growth.
Opportunities in new areas, international expansion, and pricing strategies offer avenues for sustained growth and profitability.

Verisk Analytics reports robust Q1 results amidst industry challenges

Verisk Analytics showcased strong financial performance and strategic resilience in Q1 2023, driven by revenue growth and client engagement initiatives.
The company navigated industry challenges while capitalizing on opportunities in the insurance and analytics sectors, maintaining guidance and pursuing innovation.
Transitioning to cloud solutions and subscription models, alongside strategic acquisitions, position Verisk Analytics for sustained growth and market leadership.
Strategic pricing, client outreach, and technological advancements underscore the company's ability to adapt to industry dynamics and drive value for stakeholders.

Verisk Analytics reports robust Q2 earnings and eyes global growth

Verisk Analytics delivered a strong Q2 performance with revenue and adjusted EBITDA growth, driven by subscription and transactional revenue increases.
The company's strengths lie in innovation, client engagement, and efficiency improvements, while facing challenges in marketing solutions and revenue factors.
Opportunities for growth include strategic partnerships, international expansion, and addressing client technology challenges, positioning Verisk for continued success.
Guidance increase for 2023 reflects confidence in future prospects, supported by a focus on ethical AI, data governance, and compliance enhancements.

Verisk Analytics excels in Q3 2023, poised for innovation-driven growth

Verisk Analytics demonstrated robust performance in Q3 2023, driven by organic revenue growth and successful client partnerships.
The company's strategic focus on data insights, innovation, and cost efficiency positions them well for future growth and value creation.
Investments in generative AI, modernization projects, and international expansion underscore Verisk's commitment to driving innovation and client satisfaction.
While challenges persist in the insurance industry landscape, Verisk's proactive approach to addressing industry concerns bodes well for long-term success.

Verisk Analytics reports exceptional 2023 performance and strategic growth plans

Verisk Analytics excelled in 2023, focusing on client needs, innovation, and efficiency.
Challenges in insurance industry addressed with strategic solutions and disciplined capital management.
Guidance for 2024 emphasizes operational efficiency, growth investments, and pricing opportunities.
Company's strong performance, leadership changes, and growth strategies position it well for the future.

Verisk Analytics excels in Q1 2024, focusing on innovation

Verisk Analytics demonstrated strong financial performance and operational efficiency in Q1 2024.
Innovation through Next Generation Models and AI technology positions the company for future growth.
Challenges in transactional revenue and M&A valuations require strategic adaptation for sustained success.

Verisk Analytics reports robust Q2 results and advances innovation

Verisk Analytics showcased strong financial performance, driven by subscription growth and cost discipline.
The company's focus on innovation and strategic engagement positions it well for future growth.
While facing challenges in transactional business, Verisk's outlook remains positive with a maintained guidance.

Verisk Analytics reports strong Q3 results, eyes industry growth opportunities

Verisk Analytics demonstrated robust financial results and strategic initiatives in Q3 2024, underpinned by subscription revenue growth and client-centric approaches.
While challenges like international business dynamics and market competition persist, Verisk's focus on innovation and client engagement positions it well for future growth.
With a strong performance in Q3 and a positive outlook for the full year, Verisk is poised to leverage industry trends and drive continued success.

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By quickly and accurately summarizing bodily injury claim information, Verisk's Discovery Navigator is built to reduce settlement times, help insurers optimize resources, and improve profitability By quickly and accurately summarizing bodily injury claim information, Verisk's Discovery Navigator is built to reduce settlement times, help insurers optimize resources, and improve profitability

Verisk Launches Generative AI Tool to Support Faster Insurance Claim Processing

LOS ANGELES--(BUSINESS WIRE)--Handdii Holdings Inc. (“handdii”), a leading digital repair program, is proud to announce an innovative integration with Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider. This collaboration, which connects through Verisk's XactAnalysis, aims to automate the exchange of claim data and communications, ushering in a new era of productivity and enhanced digital experiences for property claims. handdii's proprietary software functions as a.

Managed Repair is Transformed with Handdii Holdings Inc and Verisk Property Integration

Investors looking for stocks in the Business - Information Services sector might want to consider either INTERTEK GP (IKTSY) or Verisk Analytics (VRSK). But which of these two stocks offers value investors a better bang for their buck right now?

IKTSY vs. VRSK: Which Stock Should Value Investors Buy Now?

JERSEY CITY, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, announced MSP Navigator is the latest Verisk product to be made available on Duck Creek's Content Exchange. MSP Navigator provides casualty insurers with an efficient solution for Section 111 reporting, and they can benefit from the advanced automated reporting and analytical capabilities of the platform, facilitating compliance and avoiding civil monetary penalties.

Verisk Expands Ecosystem Adding Section 111 Reporting Platform to Duck Creek Content Exchange

From accuracy to Generative AI and fraud, the insurance industry is at a pivotal point and leading claims experts will advise on Verisk's development of industry-leading products and solutions From accuracy to Generative AI and fraud, the insurance industry is at a pivotal point and leading claims experts will advise on Verisk's development of industry-leading products and solutions

Verisk Partners with Chief Claims Officers to Create Claims Advisory Board

JERSEY CITY, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has published its first formal report prepared in accordance with the framework recommended by the Task Force on Climate-related Financial Disclosures (TCFD). While the company regularly discloses information on its climate strategy, the report incorporates analyses of physical risk, transition risk and carbon pricing for the first time.

Verisk Publishes 2023 Task Force on Climate-Related Financial Disclosures (TCFD) Report

JERSEY CITY, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Doug Caccese and Saurabh Khemka will serve as co-presidents of Verisk Underwriting Solutions as Neil Spector moves into a strategic advisor role, effective January 16.

Verisk Names Doug Caccese and Saurabh Khemka Co-Presidents of Underwriting Solutions

BOSTON, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured losses to properties from the January 1 M7.5 (per the United States Geological Survey) earthquake that struck near the Noto peninsula in Ishikawa prefecture, Japan, will be between JPY 260 billion (USD 1.8 billion) and JPY 480 billion (USD 3.3 billion).

Verisk Estimates Industry Insured Losses for the Noto Peninsula Earthquake to Range from JPY 260 Billion to JPY 480 Billion (USD 1.8 Billion to 3.3 Billion)

Approved filings can help contribute to a more stable property insurance market in the state Approved filings can help contribute to a more stable property insurance market in the state

California Department of Insurance Approves Verisk's ISO Wildfire Mitigation Filings for Homeowners, Dwelling, Commercial Property, Commercial Inland Marine and Businessowners Programs

Commitment to shareholder returns makes Verisk (VRSK) a reliable way for investors to compound wealth over the long term.

Verisk (VRSK) Rises 35% in a Year: What You Should Know

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IBD list recognizes companies with superior environmental, social and governance ratings and strong stock performance IBD list recognizes companies with superior environmental, social and governance ratings and strong stock performance

Verisk Ranks No. 4 on Investor's Business Daily's 100 Best ESG Companies List

Verisk (VRSK) is gaining from its strategic collaborations and acquisitions.

Here's Why Verisk (VRSK) Should be Retained in Your Portfolio

Integration helps small business insurers bind new business in seconds Integration helps small business insurers bind new business in seconds

Verisk LightSpeed® Small Commercial Accelerator Added to Guidewire Marketplace

Fairness-as-a-service solution helps insurers address potential regulatory testing requirements Fairness-as-a-service solution helps insurers address potential regulatory testing requirements

Verisk Launches Solution for Insurers to Assess Underwriting Models and Variables for Unfair Discrimination

Annual risk reports aim to help the insurance industry navigate the changing regulatory environment Annual risk reports aim to help the insurance industry navigate the changing regulatory environment

Verisk Expands Collaboration with NFPA to Provide Risk Mitigation Insights Across Western States

BOSTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- The extreme event solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University of Berlin) will range between EUR 800 million and EUR 1.3 billion, the majority of which are expected in France.

Verisk Estimates Industry Insured Losses from Winter Storm Ciarán will Range from EUR 800 Million to EUR 1.3 Billion

JERSEY CITY, N.J., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced today that Citizens Property Insurance Corporation, a not-for-profit insurer in Florida, will adopt Verisk's Aerial Imagery Analytics solution to help provide a more comprehensive view of risks across the state.

Citizens Adopts Aerial Imagery Analytics from Verisk to Improve Underwriting In Florida Market

New Study Reveals Vulnerabilities for 14 Million Structures Across the Western U.S. RICHBURG, S.C. , Nov. 2, 2023 /PRNewswire/ -- New research shows few states and counties with the greatest wildfire risk are using sound regulatory approaches backed by consistent enforcement.

Most Western States Lack Comprehensive Wildfire Approach, Uniform Enforcement

Verisk's (VRSK) revenues decline year over year in third-quarter 2023 after the sale of the Financial Services, and Energy and Specialized Markets segments.

Verisk (VRSK) Surpasses Q3 Earnings and Revenue Estimates

Verisk Analytics, Inc. (NASDAQ:VRSK ) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ET Company Participants Stacey Brodbar - Head, IR Lee Shavel - President & CEO Elizabeth Mann - CFO Neil Spector - President, ISO Maroun Mourad - President, Global Underwriting Conference Call Participants George Tong - Goldman Sachs Manav Patnaik - Barclays Capital Alex Kramm - UBS Greg Peters - Raymond James Andrew Jeffrey - Truist Securities Jeff Meuler - Baird Toni Kaplan - Morgan Stanley Andrew Steinerman - J.P. Morgan Jeff Silber - BMO Capital Markets Andrew Nicholas - William Blair Heather Balsky - Bank of America Seth Weber - Wells Fargo Securities Surinder Thind - Jefferies Ashish Sabadra - RBC Russell Quelch - Redburn Operator Good day, everyone, and welcome to the Verisk Third Quarter 2023 Earnings Results Conference Call.

Verisk Analytics, Inc. (VRSK) Q3 2023 Earnings Call Transcript

Otis becomes strongest landfalling hurricane on record in this region and the fourth most intense in the nation's history Otis becomes strongest landfalling hurricane on record in this region and the fourth most intense in the nation's history

Verisk Estimates Industry Insured Losses from Hurricane Otis to Range from MXN 50 Billion to MXN 110 Billion (~USD 3 Billion to 6 Billion)

JERSEY CITY, N.J., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced results for the third quarter ended September 30, 2023.

Verisk Reports Third-Quarter 2023 Financial Results

Verisk's (VRSK) revenues are likely to decline after disposing the Energy and Specialized Markets and Financial Services segments.

Verisk (VRSK) to Report its Q3 Earnings: What's in the Offing?

Innovative billing and data management tools developed to improve the commercial property claims process Innovative billing and data management tools developed to improve the commercial property claims process

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