Verisk Analytics (NASDAQ:VRSK) is a leading data analytics and risk assessment firm that provides decision-support solutions across a range of industries, including insurance, energy, financial services and specialized markets. The company leverages advanced analytics, predictive modelling and proprietary data sets to help organizations evaluate risk, optimize operations and improve decision-making processes. Core offerings include underwriting and claims analytics for insurers, catastrophe modelling, geospatial intelligence and software platforms designed to streamline workflow and enhance accuracy.
Verisk’s product portfolio comprises several specialized business units. In insurance, the company offers comprehensive underwriting tools, claims-estimating software and fraud detection services. The energy and natural resources segment supplies forecasting models, geological data and market analysis designed to inform exploration, production and trading decisions. Financial services clients benefit from risk scoring, compliance screening and credit analytics, while government and regulatory agencies use Verisk’s solutions for public safety, disaster preparedness and environmental monitoring.
Founded in 1971 as the Insurance Services Office (ISO), Verisk completed its initial public offering in 2009 and adopted its current name to reflect an expanded focus beyond insurance. The company has grown organically and through targeted acquisitions, including the purchase of Xactware (property claims estimating) and AIR Worldwide (catastrophe modelling), broadening its capabilities in analytics and software. Headquartered in Jersey City, New Jersey, Verisk operates in more than 30 countries and maintains regional offices across North America, Europe and the Asia‐Pacific region.
Under the leadership of President and Chief Executive Officer Scott G. Stephenson, Verisk employs a global workforce of data scientists, software engineers and industry specialists committed to innovation in risk management. The company emphasizes research and development, collaborating with academic institutions and industry partners to drive new insights and develop next-generation analytics solutions for clients worldwide.
