Verisk Analytics, Inc. (NASDAQ:VRSK), commonly known as Verisk, is a data analytics and technology company that helps organizations manage risk and make informed decisions. The company primarily serves the insurance industry, providing data, predictive analytics, software and decision-support tools for property and casualty insurers, life insurers and other risk-focused businesses.
Verisk’s products and services support insurance underwriting, pricing, claims management, catastrophe modeling, fraud detection, actuarial analysis and regulatory compliance. Its offerings use industry data, statistical models and advanced analytics to help insurers evaluate exposures, estimate losses, streamline claims processes and identify potentially fraudulent activity. The company also provides information and analytics for areas such as energy, financial services and specialized risk markets.
Verisk traces its roots to Insurance Services Office, which was established in 1971 to provide data and services to the property and casualty insurance industry. The company became publicly traded in 2009 and serves customers in the United States and international markets. Verisk is headquartered in Jersey City, New Jersey, and is led by President and Chief Executive Officer Lee Shavel.
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