Verisk Attracts Steady Demand for Data and Analytics Tools Amid Industry Profitability Woes

Verisk Analytics is the data and analytics backbone of the U.S. property and casualty insurance industry. The firm leverages a vast contributory database and industry relationships dating to its origin as an insurance provider consortium to derive analytical solutions that improve underwriting and claims outcomes, and operating efficiency. Alongside a contributory database with over 32 billion standardized records of insurance transactions, Verisk has established a proprietary database of P&C risks facing over 16 million commercial properties, environmental hazards facing every postal address in the U.S., and is a leader in catastrophe modelling used by insurers, financial institutions, and governments.