Verisk Analytics, Inc. VRSK
Verisk Analytics, Inc. is a leading data, analytics, and technology provider that primarily serves clients within the global insurance ecosystem. The company leverages advanced technologies, including artificial intelligence and machine learning, to collect and analyze vast amounts of data, providing predictive analytics and decision support solutions. These solutions are integrated into client workflows to assist with rating, underwriting, claims, catastrophe modeling, weather risk assessment, and fraud detection. Verisk operates primarily through a subscription-based business model, with approximately 81% of its revenue coming from annual subscriptions or long-term agreements, which are typically prepaid. The company serves a broad client base, including all of the top 100 property and casualty insurance providers in the United States for the lines of services it offers, and has expanded into international markets, life insurance, annuities, and insurance marketing.
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