Verisk

Verisk Analytics, Inc. (Nasdaq: VRSK) is a leading global data analytics provider serving the insurance industry. Founded in 1971, the company was listed on the Nasdaq stock exchange in 2009. Verisk offers predictive analytics, risk assessment tools, and decision support solutions to customers in insurance, natural resources, financial services, and other fields.

Verisk's product portfolio includes:

• Underwriting and rating solutions: Tools for assessing and pricing risks, including forms, rules, and loss cost data

• Claims solutions: Analytics for claims processing, fraud detection, and property estimation

• Extreme event modeling: Catastrophe risk models for natural and man-made disasters

• Life insurance solutions: Data and analytics for the life insurance and annuity markets

• Anti-fraud technology: Solutions to detect and prevent insurance fraud

• Geospatial analytics: Location intelligence and property characteristic data

In February 2023, Verisk completed the sale of its Energy business, Wood Mackenzie, for USD 3.1 billion, solidifying its focus on serving the insurance industry. The company has been expanding internationally through acquisitions, including purchases of ACTINEO, Krug and Rocket in Germany to strengthen its claims solutions business in Europe.

Verisk delivered strong financial performance in 2023, with organic constant currency revenue growth of 8.7% to USD 2.68 billion. The company has been investing in new technologies like generative AI and expanding its sales capabilities to drive future growth. Verisk aims to achieve consistent revenue growth, margin expansion and strong free cash flow generation going forward while maintaining its leadership position in insurance analytics.