Verisk Analytics, Inc. Stock, NASDAQ:VRSK
545 WASHINGTON BOULEVARD, JERSEY CITY, NJ 07310-1686
United States of America
Number of Employees: 7951
Verisk Analytics, Inc. provides data analytics solutions for customers in the insurance, natural resources, healthcare, financial services, and risk management markets in the United States and internationally. The company's Risk Assessment segment offers solutions to property and casualty (P&C) insurance customers and focuses on prediction of loss, and selection and pricing of risk. Its solutions include industry-standard insurance programs that help P&C insurers in defining coverage and issue policies; actuarial services to help its customers analyze and price their risks; and customized services that include assisting with the development of independent insurance programs, analysis of their own underwriting experience, development of classification systems and rating plans, and other business decisions, as well as supplies information to various customers in other markets. This segment's solutions also comprise property-specific rating and underwriting information on individual properties and communities to evaluate and price personal and commercial property insurance, as well as business owners, commercial auto and general liability insurance, and workers compensation coverages. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses. It provides fraud-detection tools for the P&C insurance industry; benchmarking, scoring solutions, analytics, and customized services to financial services institutions; data analytics for energy, chemicals, and metals and mining industries; and data and information services that enable enhanced compliance with Environmental Health and Safety, as well as helps businesses and governments to anticipate and manage climate-and weather-related risks. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.