Verisk

Verisk is a strategic data analytics and technology partner, with a long history of serving the global insurance industry. The company uses proprietary data, advanced analytics, scientific research and deep industry knowledge to help create innovative insurance solutions.

Verisk offers a broad range of tools and services designed to improve different parts of the insurance value chain. For property and casualty insurance, it can help create new programs, automate data reporting and assess risk more quickly and accurately. The platform also can help life and annuity plans refine portfolios at the level of individual lines of business to maximize value.

In reinsurance, Verisk can help manage risk at the global, commercial and enterprise levels to improve combined ratios and profitability. It also can help with specialty markets, underwriting and rating, and claims management.

Other areas where Verisk has a presence include construction, consumer insights, sustainability and resilience, government and municipalities, real estate and mortgage servicing, and transportation.

Verisk improves its services with AI-powered risk modeling, large data sets and sophisticated analytics. That lets insurers respond to today's challenges and prepare for tomorrow's.

Verisk has been in the news lately, announcing integrations and pioneering new approaches to catastrophe risk. The company is working on sustainability issues and hosts the Verisk Insurance Conference to bring industry experts together.

Verisk's industry-leading solutions span the entire insurance lifecycle, from underwriting and rating to claims and extreme event risk management. With powerful data tools and insights, the platform empowers insurers to make better decisions and drive growth while avoiding unnecessary expenses.

Published on July 11, 2024