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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Association harnesses Verisk's solutions to facilitate efficient, effective claims processing for policyholders of insolvent insurers Association harnesses Verisk's solutions to facilitate efficient, effective claims processing for policyholders of insolvent insurers

Louisiana Insurance Guaranty Association Implements Verisk Property Estimating Solutions to Streamline Claims Handling

Verisk's (VRSK) Q2 earnings surge year over year owing to growth within the business, lower provision for income taxes, a decline in interest expenses and a fall in average share count.

Verisk's (VRSK) Q2 Earnings Beat Estimates, Increase Y/Y

Verisk Analytics, Inc. (NASDAQ:VRSK ) Q2 2022 Earnings Conference Call August 3, 2022 8:30 AM ET Company Participants Stacey Brodbar - Head of IR Lee Shavel - CEO Mark Anquillare - President and COO David Grover - Controller, CAO and Interim CFO Conference Call Participants Heather Balsky - Bank of America Alex Kramm - UBS Toni Kaplan - Morgan Stanley Manav Patnaik - Barclays Jeff Silber - BMO Capital Markets Faiza Alwy - Deutsche Bank Andrew Jeffrey - Truist Securities Jeff Meuler - Baird Andrew Nicholas - William Blair Andrew Steinerman - JPMorgan Hans Hoffman - Jefferies Operator Good day, everyone, and welcome to the Verisk Second Quarter 2022 Earnings Results Conference Call. This call is being recorded.

Verisk Analytics, Inc. (VRSK) CEO Lee Shavel on Q2 2022 Results - Earnings Call Transcript

Verisk (VRSK) delivered earnings and revenue surprises of 7.75% and 0.14%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Verisk Analytics (VRSK) Tops Q2 Earnings and Revenue Estimates

JERSEY CITY, N.J., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the second quarter ended June 30, 2022.

Verisk Reports Second-Quarter 2022 Financial Results

Easy-to-use 360Value® tool helps insurers maintain updated building costs and coverage levels in volatile times Easy-to-use 360Value® tool helps insurers maintain updated building costs and coverage levels in volatile times

Mountain West Farm Bureau Adopts Verisk's Reliable Reconstruction Cost Estimates to Refine Underwriting

JERSEY CITY, N.J., July 21, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK) today announced that Elizabeth Mann has been named executive vice president and chief financial officer for Verisk, effective September 15, 2022.

Verisk Names Elizabeth Mann Chief Financial Officer

JERSEY CITY, N.J., July 13, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics provider, will report its financial results for the fiscal second quarter ended June 30, 2022, on Tuesday, August 2, 2022, after the market close. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com.

Verisk to Announce Fiscal Second-Quarter 2022 Results on August 2, 2022

JERSEY CITY, N.J.--(BUSINESS WIRE)-- #BoardofDirectors--Buckle announces that Scott Stephenson, former chairman, president, and chief executive officer of Verisk, has joined its Board of Directors.

Scott Stephenson Joins Buckle as Chairman of the Board

Insurer harnesses Verisk's innovative full-cycle ecosystem of solutions to facilitate efficient, effective claims processing Insurer harnesses Verisk's innovative full-cycle ecosystem of solutions to facilitate efficient, effective claims processing

American Farmers & Ranchers Mutual Insurance Company to Streamline Claims Handling with Verisk's Solutions

JERSEY CITY, N.J. , July 05, 2022 (GLOBE NEWSWIRE) -- As volatile construction costs persist, a historical view of trends paired with up-to-date pricing better equips insurers, adjusters and contractors to understand the impact of these costs on losses. Verisk's 2021 Property Report for Canada provides insights into property insurance trends for benchmarking.

Insurers, Adjusters and Contractors Can Benchmark Performance Against Trends with Verisk's 2021 Property Report for Canada

JERSEY CITY, N.J. , July 05, 2022 (GLOBE NEWSWIRE) -- As volatile construction costs persist, a historical view of trends paired with up-to-date pricing better equips insurers, adjusters and contractors to understand the impact of these costs on losses. Verisk's 2021 Property Report for the United States provides insights into property insurance trends for benchmarking.

Insurers, Adjusters and Contractors Can Benchmark Performance Against Trends with Verisk's 2021 Property Report

LONDON, July 01, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that Tim Rayner has been named president of the company's Specialty Business Solutions group (formerly known as Sequel), effective immediately.

Verisk Names Tim Rayner President of Specialty Business Solutions

ClaimSearch® customers can access FNOL and telematics data with little or no insurer technology resources required to integrate ClaimSearch® customers can access FNOL and telematics data with little or no insurer technology resources required to integrate

Verisk Launches First Notice of Loss (FNOL) Service to Help Property/Casualty Insurers Improve Claims Processing Efficiencies

SINGAPORE, June 29, 2022 (GLOBE NEWSWIRE) -- Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28.

Wood Mackenzie Power & Renewables APAC Conference 2022 open for registration

New integration provides property professionals with instant access to 3-D models and property measurements within Verisk's Xactimate and XactAnalysis solutions New integration provides property professionals with instant access to 3-D models and property measurements within Verisk's Xactimate and XactAnalysis solutions

Verisk and Loveland Innovations Integration Expedites Property Claims Scoping Process

JERSEY CITY, N.J., June 27, 2022 (GLOBE NEWSWIRE) -- Fortune magazine and Great Place to Work have honored Verisk (Nasdaq: VRSK) as one of the Best Workplaces in New York for the second consecutive year. The award recognizes Verisk, a leading global data analytics provider, for its outstanding workplace culture of engagement through education and development, team collaboration and open communication.

Verisk Named One of the 2022 Best Workplaces in New York™ by Fortune Magazine and Great Place to Work® for Second Consecutive Year

Verisk's (VRSK) growth strategy focuses on organic growth, product development and acquisitions.

Reasons Why Investors Should Retain Verisk (VRSK) Stock For Now

Small Commercial Team Leader Recognized for Driving Underwriting Innovation Small Commercial Team Leader Recognized for Driving Underwriting Innovation

Verisk's Tracey Waller Wins Business Insurance 2022 Breakout Award

Verisk's underwriting intelligence on nearly all small- and mid-sized businesses in the U.S. empowers data-driven decision-making Verisk's underwriting intelligence on nearly all small- and mid-sized businesses in the U.S. empowers data-driven decision-making

West Bend Mutual Insurance Company Accelerates its Underwriting with Verisk Solution

Multi-year agreement will enhance fraud protection tools and explore new market opportunities Multi-year agreement will enhance fraud protection tools and explore new market opportunities

Verisk and LIMRA Partner to Combat Fraud, Financial Crimes in Life Insurance, Annuity and Retirement Markets

JERSEY CITY, N.J., June 02, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that company leaders will present at three upcoming investor conferences.

Verisk to Present at Three Investor Conferences Next Week

Verisk (VRSK) reported earnings 30 days ago. What's next for the stock?

Verisk (VRSK) Down 11.5% Since Last Earnings Report: Can It Rebound?

Rich Della Rocca to retire from Verisk, effective July 1 Rich Della Rocca to retire from Verisk, effective July 1

Verisk Names Maroun Mourad President of Claims Solutions

JERSEY CITY, N.J., May 31, 2022 (GLOBE NEWSWIRE) -- Industrial insurer HDI Global Insurance Company (HDI) will be leveraging the cloud-based technology and advanced analytics of Verisk (Nasdaq: VRSK), a leading global data analytics provider, to help increase efficiency and develop innovative insurance products.

News for Verisk Analytics Stock (VRSK)