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Verisk Analytics - VRSK STOCK NEWS

Welcome to our dedicated page for Verisk Analytics news (Ticker: VRSK), a resource for investors and traders seeking the latest updates and insights on Verisk Analytics stock.

Overview of Verisk Analytics (VRSK)

Verisk Analytics is a globally recognized data analytics and technology provider, renowned for its highly specialized expertise in risk management, predictive analytics, and actuarial science. With a robust subscription-based business model and deep sector-specific knowledge, Verisk harnesses advanced technologies and vast proprietary datasets to deliver actionable insights that empower industry players in insurance, energy, healthcare, financial services, and government sectors. By collecting and analyzing billions of records, the company enables its clients to enhance operational efficiency, improve underwriting and claims processes, and make informed decisions in the face of complex global risks.

Core Business Areas

Verisk Analytics operates across multiple strategic domains, offering comprehensive solutions that address various critical aspects of risk assessment and decision support. Its core business areas include:

  • Insurance Analytics: Providing state-of-the-art data and analytical tools for property and casualty underwriting, claims management, actuarial science and fraud detection.
  • Risk Management: Offering advanced predictive models and analytical frameworks to assess catastrophe risk, fire protection, and weather-related hazards.
  • Data Management Solutions: Leveraging proprietary data sets to support regulatory compliance, statistical reporting, and enhanced decision making across industries.
  • Technology Integration: Developing innovative software platforms that automate complex processes, streamline workflows and enable real-time collaboration across the risk management lifecycle.

Technological Capabilities and Innovation

At the heart of Verisk Analytics is a commitment to leveraging cutting-edge technology. The company employs advanced analytics, machine learning, and intelligent automation to process and interpret high-volume data. Its platforms are designed to transform raw data into clear, actionable insight, helping clients to:

  • Identify emerging risks and fraudulent activity.
  • Refine underwriting practices and streamline claims settlement.
  • Ensure consistency in regulatory reporting and statistical analysis.

Verisk’s technology not only enhances operational efficiency but also integrates complex data into intuitive, user-friendly interfaces that drive decision effectiveness and foster informed strategic planning.

Market Position and Competitive Landscape

Verisk Analytics stands out in a competitive global marketplace by consistently emphasizing accuracy and depth of analysis. Its extensive database, combined with years of industry insight, positions it as a trusted partner for critical decision support. Verisk's differentiated approach, built on a blend of statistical rigor and technological innovation, has cemented its reputation as a dependable resource among insurance providers and other high-stakes sectors.

Industry Expertise and Value Proposition

Underpinned by decades of specialized experience in the analytics space, Verisk leverages its unique blend of expertise to mitigate risks and unlock value for its clients. Its solutions are deeply embedded in the daily operations of insurers and risk managers, enabling them to:

  • Improve pricing accuracy and operational efficiency.
  • Enhance the detection of fraudulent claims and manage complex data reporting requirements.
  • Adapt to evolving risk factors driven by natural catastrophes, emerging technologies, and shifting regulatory landscapes.

Integration and Operational Efficiency

Beyond providing data, Verisk Analytics excels in integrating its solutions into the operational frameworks of its clients. By automating manual processes through intelligent software and cloud-based platforms, the company simplifies the complexities of risk assessment and supports continuous operational improvements. This commitment to innovation enables clients to focus on value-added activities, ensuring that advanced analytics remain at the forefront of business strategy and execution.

Commitment to Expertise and Reliability

Verisk Analytics embodies the principles of expertise, experience, authoritativeness, and trustworthiness (E-E-A-T) through its deep industry knowledge and ongoing dedication to innovation. Its solutions are not only designed to address today’s risk management challenges but are also structured to remain reliable and relevant in an ever-evolving global landscape. Investors and industry professionals can count on Verisk’s unbiased approach and its thorough, data-driven insights to guide complex decision-making processes.

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Verisk (VRSK) Receives Approval for ISO Wildfire Mitigation Filings from California Department of Insurance
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Verisk (Nasdaq: VRSK) ranked fourth out of the 100 Best ESG Companies in 2023 by Investor’s Business Daily for superior environmental, social and governance ratings and strong stock performance.
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Verisk (VRSK) Integrates LightSpeed® Small Commercial Solution onto Guidewire Marketplace, Allowing Small Business Insurers to Automate Underwriting Workflows and Bind New Business in Seconds
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Verisk (Nasdaq: VRSK) Launches FairCheck Solution to Help Insurers Address Regulatory Testing Requirements and Mitigate Unfair Discrimination in Pricing Models
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Verisk (Nasdaq: VRSK) expands collaboration with NFPA to provide wildfire risk and mitigation data to 12 additional states in the western U.S. The data from NFPA's Firewise USA Program will be used for property-level analytics by insurers to refine underwriting and support regulatory compliance. This extended agreement includes states such as Arizona, Colorado, Idaho, Nevada, and Texas, among others.
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Verisk (Nasdaq: VRSK) estimates industry insured losses due to wind from Winter Storm Ciarán to range between EUR 800 million and EUR 1.3 billion, with the majority expected in France. The storm caused significant damage in northwest France and the Channel Islands, with the worst damage in Brest and Jersey. Verisk's modeled insured loss estimates include insured physical damage from wind to property and exclude losses due to flooding, tornadoes, hail, and other factors.
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Verisk (Nasdaq: VRSK) has secured a contract with Citizens Property Insurance Corporation in Florida to implement its Aerial Imagery Analytics solution, enhancing risk assessment capabilities in the state.
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A new study reveals vulnerabilities for 14 million structures across the Western U.S. Few states and counties with the greatest wildfire risk are using sound regulatory approaches backed by consistent enforcement. California and Utah are the only Western states with uniformly enforced statewide codes specifically addressing wildfire exposures to residential and commercial properties. Despite a federal mandate, one in four high-risk counties lack adequate Community Wildfire Protection Plans. There is no correlation between the amount counties spend on wildfire-related activities and the use of WUI codes or community wildfire preparedness plans.
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Hurricane Otis has become the strongest landfalling hurricane on record in the region and the fourth most intense in the nation's history. Verisk estimates industry insured losses to onshore property for Hurricane Otis to range from MXN 50 billion to MXN 110 billion (~USD 3 billion to 6 billion), with most of the loss attributable to wind damage.
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Verisk reports strong financial results for Q3 2023 with consolidated revenues of $677.6 million, up 11.1% YoY. Income from continuing operations increased by 13.1% to $187.4 million. Adjusted EBITDA grew by 12.5% to $366.0 million. Diluted GAAP earnings per share were $1.29, up 22.9%, while diluted adjusted EPS reached $1.52, up 26.7%. Net cash provided by operating activities was $250.1 million, down 10.7%, and free cash flow was $195.8 million, down 8.7%. A cash dividend of 34 cents per share was paid on September 30, 2023, and another dividend of the same amount is payable on December 29, 2023.
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FAQ

What is the current stock price of Verisk Analytics (VRSK)?

The current stock price of Verisk Analytics (VRSK) is $288.58 as of March 14, 2025.

What is the market cap of Verisk Analytics (VRSK)?

The market cap of Verisk Analytics (VRSK) is approximately 40.4B.

What is the core business of Verisk Analytics?

Verisk Analytics specializes in advanced data analytics and technology solutions, providing risk management, actuarial science, and underwriting solutions primarily for the insurance industry.

How does Verisk Analytics generate revenue?

The company operates a subscription-based business model, supplemented by licensing fees for its proprietary analytical tools and data services across various industries.

Which industries are served by Verisk Analytics?

Verisk Analytics caters to a diverse clientele, including sectors such as insurance, energy, healthcare, financial services, and government, among others.

What distinguishes Verisk Analytics from its competitors?

Its unique competitive edge lies in its extensive proprietary datasets, deep industry expertise, and the integration of advanced technologies that deliver precise, actionable insights.

How does Verisk support risk management and underwriting processes?

Verisk provides predictive analytics, automated reporting, and data-driven tools that enable risk assessment, streamlined claims processing, and enhanced underwriting decisions.

What technological innovations does Verisk Analytics offer?

The company uses cutting-edge technologies such as machine learning and intelligent automation to process vast amounts of data, providing real-time insights and improving operational efficiency.

How does Verisk ensure the accuracy and reliability of its data?

Verisk leverages a deep reservoir of proprietary data combined with rigorous statistical methods and advanced analytical techniques, ensuring high accuracy and reliability in its outputs.

What types of solutions does Verisk Analytics provide for regulatory compliance?

Verisk offers robust data management and statistical reporting solutions designed to meet complex regulatory requirements, aiding insurers in maintaining compliance and optimizing reporting processes.
Verisk Analytics

Nasdaq:VRSK

VRSK Rankings

VRSK Stock Data

40.41B
139.97M
0.21%
95.4%
1.64%
Consulting Services
Services-computer Processing & Data Preparation
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United States
JERSEY CITY