Verisk Analytics Inc - Company Profile
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Verisk Analytics Inc (Verisk) is a data, analytics, and technology provider primarily serving the insurance industry. The company focuses on offering predictive analytics and decision support solutions, which include services in rating, underwriting, claims, catastrophe, and weather risk management. Verisk also offers customized analytic services, decisioning algorithms, competitive benchmarking and business intelligence to the financial services sector. Its solutions are integrated into client workflows, allowing for improved risk assessment and operational efficiency. The company's clients include property and casualty insurance providers, utilizing Verisk's offerings to enhance decision-making and cost management. Verisk operates through a network of long-term agreements and annual subscriptions. The company has a presence across the Americas, Europe, Asia, Africa, and Oceania. Verisk is headquartered in Jersey City, New Jersey, the US.
Headquarters
United States of America
Address
545 Washington Boulevard, Jersey City, New Jersey, 07310-1686
Website
www.verisk.com
Telephone
1 201 4693000
No of Employees
8,000
Industry
Technology and Communications
Ticker Symbol & Exchange
VRSK (NASD)
Revenue (2024)
$3.1B
6.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-5.2%
(2024 vs 2023)
Market Cap*
$24.1B
Net Profit Margin (2024)
XYZ
-11.1%
(2024 vs 2023)
* As of and is in US$
Verisk Analytics Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Insurance Products | Data and Statistical Services |
| Networking Products | Actuarial Services |
| Banking and Retail Products | Standardized Insurance Policy Programs |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company entered into an agreement with KatRisk to expand the open catastrophe risk modeling ecosystem. |
| 2026 | Contracts/Agreements | In April, the company and Roofr partnered to help roofing contractors generate faster, more accurate insurance estimates by combining aerial roof measurement data with streamlined estimating workflows. |
| 2026 | New Products/Services | In March, the company launched Rocket Repair, a configurable, mobile and collaborative software platform. |
Competitor Comparison
| Key Parameters | Verisk Analytics Inc | S&P Global Inc | Willis Towers Watson PLC | Moody's Corp | Majesco |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United Kingdom | United States of America | United States of America |
| City | Jersey City | New York | London | New York City | Morristown |
| State/Province | New Jersey | New York | England | New York | New Jersey |
| No. of Employees | 8,000 | 44,500 | 47,000 | 16,050 | 2,403 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lee M. Shavel | Director; President; Chief Executive Officer | Executive Board | 2023 | 58 |
| Elizabeth Mann | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 50 |
| David J. Grover | Chief Accounting Officer; Controller | Senior Management | 2017 | - |
| Nicholas Daffan | Chief Information Officer; Executive Vice President | Senior Management | 2018 | 55 |
| Melissa Hendricks | Chief Marketing Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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