Verisk Analytics, Inc. engages in the provision of data analytics and technology solutions to the insurance industry in the United States and internationally. The company offers underwriting solutions, including forms, rules, and loss costs services that provide policy language, prospective loss costs, policy writing and rating rules, and underwriting solutions for risk selection and segmentation, pricing, and workflow optimization.
It also offers underwriting data and analytics solutions, which provide property and auto specific rating and underwriting information solutions; extreme event solutions, including catastrophe modeling solutions; and life insurance solutions for transforming current workflows in life insurance underwriting, claim insights, policy administration, unclaimed property/equity, compliance and fraud detection, and actuarial and portfolio modeling.
Additionally, Verisk provides specialty business solutions, which offer full end-to-end management of insurance and reinsurance business; marketing solutions, such as compliant, real-time decisioning, profitability, and risk assessment for inbound consumer interactions; and international underwriting solutions.
The company also provides claims insurance solutions, including property estimating solutions that offer data, analytics, and networking solutions for professionals involved in estimating all phases of building repair and reconstruction. It offers anti-fraud solutions that provide fraud-detection tools for the property and casualty insurance industry; casualty solutions, which focus on compliance, casualty claims decision, and workflow automation; and international claims solutions, which focus on personal injury and motor franchises with complementary offerings to the property claims sector.
The company was founded in 1971 and is headquartered in Jersey City, New Jersey.
