Latest Verisk Analytics Headlines

All the headlines from our Verisk Analytics Topic Page, ordered by recency.

Japan’s Powerful Earthquake Estimated to Cost Insurers $2 Billion-$4 Billion: Verisk

Mar 24 2022 // The powerful earthquake that jolted Japan’s northeast coast last week is expected to cause insured property losses between $2 billion and $4 billion, modeling firm Verisk said on Thursday.About $400 million to $820...

The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway

Mar 23 2022 // Last week, information services firm Verisk said it had taken steps that align with one investor’s call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk promised several...

Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk

Feb 25 2022 // Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2 billion-$5.6 billion), the majority of which are expected in Germany, UK, and the...

Verisk Acquires Illinois’ Infutor

Feb 24 2022 // Verisk, the global data analytics provider, has acquired Infutor, a provider of identity resolution and consumer intelligence data.Verisk plans to integrate Infutor with Jornaya, which it acquired in 2020, to form Verisk...

People Moves: At Verisk, Shavel to Succeed Stephenson as CEO, Anquillare to Become President

Feb 18 2022 // Financial data and analytics company Verisk announced that Scott G. Stephenson, chairman, president and chief executive officer, will be retiring following the company’s 2022 shareholder meeting.Stephenson will be...

Verisk’s Sequel Launches Hub to Simplify Product Distribution, Delegated Authority Biz

Dec 7 2021 // Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible solution designed to simplify the distribution of standalone products and delegated...

EagleView and Verisk Agree to End Litigation; EagleView’s Patents Affirmed

Nov 8 2021 // Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.”The companies’ accord comes two years after aerial imaging firm...

Verisk Acquires Driver Data Company

Nov 3 2021 // Verisk Analytics, the global data analytics firm, has acquired North Carolina-based Data Driven Safety to expand its automobile insurance underwriting data business, Verisk announced.Data Driven Safety, founded in 2009 and...

Verisk Using AI to Gain Underwriting Insights From Yelp Reviews of Small Businesses

Oct 8 2021 // Global data analytics provider Verisk is leveraging artificial intelligence and image analytics to generate underwriting insights for small business insurers from more than 200 million reviews on Yelp, the company...

People Moves: New Hires at Verisk, LL Global; RT Specialty Promotes Amara

Aug 24 2021 // Verisk, a global data analytics provider, appointed Sunita Holzer as executive vice president and chief human resources officer (CHRO).Bringing three decades of human resources leadership experience across relevant...

Future of the Insurance Industry and Who Owns It: 3 Scenarios From Verisk’s Anquillare

Feb 17 2021 // The question is not whether the future of the insurance industry is bright.“Few industries are better positioned for outstanding growth over the next 15 years,” insists Verisk’s Mark Anquillare....

Honda App Links Feedback on Drivers to Insurance Carriers via Verisk

Aug 11 2020 // Honda Motor Co. is offering an app that scores the safety of car owners’ driving habits and links with insurance carriers that can offer discounts to drivers who are deemed a good risk.The Driver Feedback app is...

Insurance Fraud Investigators Ramp Up During Reopening, Even as Claims Volumes Drop

Jul 7 2020 // Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once.Fraud-prevention advocates have long been warning about the coming...

Verisk Expands Insurtech Solution OneXperience into Commercial Insurance

Mar 5 2020 // Insurance data analytics and risk modeling firm Verisk announced the expansion of its new insurtech solution OneXperience into commercial insurance.This expansion will enable agents and businesses to engage and closely...

Risk Modeling Firm Verisk Cancels Live Event Over Virus, Goes Virtual for Cyber Seminar

Mar 4 2020 // Insurance data analytics and risk modeling firm Verisk has converted its Cyber and Casualty Seminar scheduled for March 10 in New York City from an in-person to a free virtual event “out of an abundance of caution...

Business Moves

Jan 27 2020 // Bold Penguin, xagentBold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for the standard and surplus...

Verisk Signs Agreement to Acquire New Jersey’s FAST

Dec 4 2019 // Verisk, a Jersey City, N.J.-headquartered data analytics provider, has signed a definitive agreement to acquire FAST, a privately held software company for the life insurance and annuity industry based in Iselin, N.J.FAST...

Verisk to Acquire Property Data Provider, BuildFax, in Austin

Oct 3 2019 // Verisk, which provides data analytics services to the insurance, energy and specialized markets, and financial services industries, has signed a definitive agreement to acquire BuildFax, an Austin, Texas-based provider of...

EagleView Wins $125M Patent Infringement Award, Sales Halt Against Verisk

Sep 30 2019 // A New Jersey jury last week ordered insurance data services firm Verisk to pay $125 million to aerial imaging firm EagleView for lost profits linked to Verisk infringing on various EagleView patents.The jury verdict in the...

Verisk Reorganizes Geomni Business to Enhance UK and Europe Solutions

May 23 2019 // Verisk’s GeoInformation Group, a provider of geospatial products, has been folded into Verisk’s Geomni business and renamed Geomni UK.The addition of Geomni UK to Verisk’s Geomni business will enhance its...