Verisk Analytics, Inc. (VRSK)

Verisk is a data, analytics, and technology provider serving the insurance ecosystem. It collects and analyzes billions of records, drawing on proprietary and contributory data assets, insurance expertise, and technology to deliver predictive analytics and decision-support solutions for rating, underwriting, claims, catastrophe and weather risk, and other fields. Its solutions take the form of proprietary data, statistical models, analytic objects, and software platforms that clients can buy as components or as a package. The company traces its history to 1971, when Insurance Services Office (ISO) began as a not-for-profit advisory and rating organization for the U.S. property and casualty (P&C) industry. Verisk was formed as the holding company in 2008 and has traded on NASDAQ under "VRSK" since its October 2009 IPO. It sold its Energy business on February 1, 2023, and its Marketing Solutions business on December 31, 2025, for $80.0 million in net cash.

Verisk operates in one segment, Insurance. Its offerings include: - Forms, rules, and loss costs: industry-standard policy language, prospective loss costs, and rating rules across 32 lines of insurance, plus statistical agent and actuarial services. - Underwriting data and analytics: property, auto, and community-risk data and tools, including fire-protection evaluations. - Catastrophe and risk solutions: probabilistic catastrophe models covering more than 120 countries and territories, plus sustainability and resilience intelligence. - Life insurance solutions: the FAST platform, acquired in 2019, for life insurance and annuities. - Specialty solutions: software for the global specialty market, especially London. - International underwriting solutions. - Property estimating solutions: repair-cost estimating, pricing data, and virtual claims-adjusting tools. - Anti-fraud solutions: a claims database of more than 1.9 billion records, plus fraud analytics.

Customers are primarily P&C insurers. In 2025 they included all of the top 100 U.S. P&C providers for the lines Verisk offers. Other customers include reinsurers, brokers, managing general agents, intermediaries, financial institutions, governments and regulators, commercial real estate lenders, contractors, and adjusters. Beyond the U.S., it serves Canada, the U.K., Ireland, Lloyd's of London, Continental Europe, Singapore, China, Australia, and New Zealand, and has expanded into life insurance and annuities. Solutions are sold mainly through annual subscriptions or long-term agreements, typically prepaid, which made up over 80% of 2025 revenues.

Verisk maintains one of the largest private databases in the world. In 2025 insurers sent it about 3.6 billion records, and its underwriting database holds more than 38.9 billion statistical records. Its data comes from insurer submissions, public information, and third-party sources, and passes through about 3,000 quality checks. It is a licensed or appointed statistical agent in all 50 states, Puerto Rico, and the District of Columbia, and processes about 2,000 regulatory filings a year. Operations include more than 250 insurance experts and lawyers tracking legislative, regulatory, and court changes, and about 500 field representatives who survey properties and fire-protection capabilities. The text does not describe suppliers, manufacturing, competitors, or headquarters.