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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Management Research Services (MRS), a technology and data provider for the life insurance industry, integrates Verisk Analytics, Inc's (NASDAQ: VRSK) proprietary voice analytics into its telephone medical interviews to help flag potential tobacco users early and streamline the underwriting workflow. MRS will implement Verisk's Tobacco Usage Propensity Model, which uses artificial intelligence and machine learning to analyze audio interviews.

MRS Integrates Verisk's Voice Analytics Into Telephone Medical Interviews

JERSEY CITY, N.J., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Many consumers may soon be able to buy life insurance more quickly without undergoing inconvenient at-home medical tests. Management Research Services (MRS), a cutting-edge technology and data provider for the life insurance industry, is integrating Verisk's groundbreaking proprietary voice analytics into its telephone medical interviews to help flag potential tobacco users early and streamline the underwriting workflow.

MRS Selects Verisk's Voice Analytics to Help Life Insurers Accelerate Underwriting

Verisk is a company that most investors have probably never heard of, yet it is an outstanding business that has been compounding returns for investors for over a decade.

Verisk: We Like This Investment Compounding Machine

Verisk (VRSK) welcomes Sunita Holzer to the position of executive vice president and chief human resources officer.

Verisk (VRSK) Appoints Sunita Holzer as CHRO and Executive VP

Access to Verisk's Ecosystem Enables Joyn to Enhance its Speed to Market and Provide Coverage to Small and Medium-Sized Businesses Access to Verisk's Ecosystem Enables Joyn to Enhance its Speed to Market and Provide Coverage to Small and Medium-Sized Businesses

Joyn Insurance Leverages Robust Analytics from Verisk to Transform Commercial Underwriting

JERSEY CITY, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, announced today the appointment of Sunita Holzer as executive vice president and Chief Human Resources Officer (CHRO). Bringing three decades of HR leadership experience across relevant industries, Holzer will oversee Verisk's global human resources operations and strategy.

Verisk Names Sunita Holzer Chief Human Resources Officer

By enabling connections across a vast network of telematics data sources, the Verisk Data Exchange™ enhances the accuracy and efficiency of insurance underwriting SANTA CLARA, Calif., Aug. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the North American telematics data exchange market, Frost & Sullivan recognizes Verisk Analytics (Nasdaq: VRSK) with the 2021 North American Company of the Year Award for pioneering connected telematics data exchange technology.

Verisk Analytics Lauded by Frost & Sullivan for Pioneering Telematics Data Exchange for Usage-Based Insurance in North America

FAST platform recognized for ability to execute and completeness of vision in North America Life Insurance Policy Administration Systems FAST platform recognized for ability to execute and completeness of vision in North America Life Insurance Policy Administration Systems

Verisk's FAST Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Fourth Consecutive Year

From claims to underwriting, new Benchmark API directly integrates with insurers' internal claims systems, streamlining workflow and risk evaluation From claims to underwriting, new Benchmark API directly integrates with insurers' internal claims systems, streamlining workflow and risk evaluation

Insurers Can Integrate Detailed Weather Analytics Into Their Systems with Verisk's New API

Verisk Analytics, Inc. (VRSK) CEO Scott Stephenson on Q2 2021 Results - Earnings Call Transcript

Verisk's (VRSK) second-quarter 2021 earnings decrease year over year while revenues increase.

Verisk (VRSK) Q2 Earnings Miss Estimates, Revenues Beat

Verisk (VRSK) delivered earnings and revenue surprises of -12.69% and 1.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Verisk Analytics (VRSK) Q2 Earnings Miss Estimates

JERSEY CITY, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) -- ﻿ Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the second quarter ended June 30, 2021.

Verisk Reports Second-Quarter 2021 Financial Results

Out-of-the-box integration allows insurers to seamlessly transmit claims data between Duck Creek Platform and Verisk claims-handling solutions Out-of-the-box integration allows insurers to seamlessly transmit claims data between Duck Creek Platform and Verisk claims-handling solutions

Verisk and Duck Creek Technologies Announce Enhanced Integration to Simplify, Streamline Insurer Workflows

BOSTON, July 28, 2021 (GLOBE NEWSWIRE) -- ﻿Extreme event modeling firm AIR Worldwide estimates insured losses in Germany from July flooding could approach EUR 5 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.﻿

Verisk's AIR Worldwide Estimates Insured Losses for July Floods in Germany Could Approach EUR 5 Billion

BOSTON, July 27, 2021 (GLOBE NEWSWIRE) -- Catastrophe risk modeling firm AIR Worldwide has announced the release of significantly updated AIR Earthquake and Typhoon Models for Japan. The past several years has reaffirmed the vulnerability of Japan to typhoons and earthquakes and prompted updates to AIR's Industry Exposure Database, earthquake hazard and both earthquake and typhoon vulnerability including building, contents and business interruption damage. These updated models provide insurance and reinsurance companies with a comprehensive view of risk and account for insurance policy conditions specific to Japan. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.

Verisk's AIR Worldwide Enhances Extreme Event Models for Japan With Release of Updated Earthquake and Typhoon Models

U.S. industry notches strong first quarter, but catastrophes hamper underwriting performance, according to Verisk and APCIA U.S. industry notches strong first quarter, but catastrophes hamper underwriting performance, according to Verisk and APCIA

Property & Casualty Insurers' Q1 Net Income Grows, Profitability Ratios Worsen

LONDON, July 19, 2021 (GLOBE NEWSWIRE) -- Leading global data analytics provider Verisk (NASDAQ: VRSK) has been honoured as one of the 2021 UK Best Workplaces™ for Women by Great Place to Work®. The award recognises Verisk as a workplace committed to ensuring employees are able to reach their full potential, no matter who they are or what they do.

Verisk Named One of UK's Best Workplaces™ for Women for 2021

JERSEY CITY, N.J., July 15, 2021 (GLOBE NEWSWIRE) -- Verisk (NASDAQ: VRSK) has been named one of the 2021 Best Workplaces in New York™ by Fortune magazine and Great Place to Work®. The award honors 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 Fortune 2021 Best Workplaces in New York™

Join executives from U.S. Department of Energy, CAISO, Goldman Sachs, Engie and other leading organizations on July 27, 28 to assess President Biden's climate ambition Join executives from U.S. Department of Energy, CAISO, Goldman Sachs, Engie and other leading organizations on July 27, 28 to assess President Biden's climate ambition

Clean Energy Leaders to Speak at Wood Mackenzie's North America Power & Renewables Conference

JERSEY CITY, N.J., July 07, 2021 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal second quarter ended June 30, 2021, on Tuesday, August 3, 2021, 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 2021 Results on August 3, 2021

Insurers, contractors, consumers used digital and virtual Verisk tools to process a record 140,000 claims as lockdown gripped the nation Insurers, contractors, consumers used digital and virtual Verisk tools to process a record 140,000 claims as lockdown gripped the nation

Property Losses Topped $68 Billion in 2020 as Extreme Events and Pandemic Drove Insurance Claims, Xactware's 2020 Property Report Found

Quality data and superior workflow drive one-rate quoting in seconds Quality data and superior workflow drive one-rate quoting in seconds

Verisk LightSpeed Accelerator Added to Guidewire Marketplace Enabling Personal Auto Insurers to Transform Customer Experiences

New telematics scoring model provides greater distinction between best- and worst-risk groups with up to 12 times difference in expected losses New telematics scoring model provides greater distinction between best- and worst-risk groups with up to 12 times difference in expected losses

Verisk Launches Next-Generation DrivingDNA® Score to Support Usage-Based Insurance Innovation

Refinery I/O combines refinery analytics with proprietary operation monitoring Refinery I/O combines refinery analytics with proprietary operation monitoring

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