Verisk Analytics, Inc. Overview
Pro stress-test →Verisk is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. With a market cap of ~$32.8B and trailing twelve-month revenue of $3.03B, Verisk commands a dominant position in insurance analytics.
Strategic Profile
Pro stress-test →The company's highest-margin, most defensible business is the Insurance segment—Underwriting and Claims. Verisk offers durable, high-margin, subscription-based analytics with strong earnings visibility and cash-flow conversion, with ~84% of revenue from enterprise subscriptions featuring built-in escalators. The company's strategy continues to focus on evolving from an industry utility to a data analytics specialist and integrated technology network within the global insurance industry.
Competitive Landscape
Pro stress-test →In the broader data analytics space, Verisk competes with RELX Group's LexisNexis Risk Solutions, which offers similar risk assessment tools for insurance and financial services. S&P Global and Moody's Analytics also compete with Verisk in certain risk modeling and financial analytics segments. Verisk maintains a dominant market position through proprietary data, embedded workflows, and comprehensive suite of underwriting and claims solutions.
Industry Context
Verisk Analytics, Inc. operates in Data Analytics & Insurance Technology.
Key facts
Founded: 1971 · Headquarters: Jersey City, US · Employees: 7,800 · Revenue: $3.03B · Market cap: $32.8B