Verisk Analytics

Verisk Analytics, Inc. is a premier data analytics and risk assessment company founded in 1971 by the Insurance Services Office (ISO) and headquartered in Jersey City, New Jersey. The company specializes in delivering predictive analytics and decision-support solutions that serve key sectors such as insurance, energy, and financial services.

With a workforce of approximately 7,800 employees globally, Verisk Analytics reported annual revenues of $2.9 billion in 2023, reflecting a 7.5% growth over the prior year. The company operates in over 20 countries, including strategic locations like Miami, further cementing its role as an influential player in the data analytics industry.

When Was Verisk Analytics Established?

Founded: 1971
Founder: Insurance Services Office (ISO)
Headquarters: Jersey City, New Jersey, USA
Industry: Data Analytics and Risk Assessment
Global Locations: Operations in 20+ countries
Employees: 7,800 worldwide
Annual Revenue: $2.9 billion (2023)

Verisk Analytics Mission Statement

"To empower clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud, and make informed decisions about global risks."

What Is Verisk Analytics Known For?

Verisk Analytics is recognized for its extensive capabilities in providing predictive analytics and decision-support technology that help industries mitigate risk and optimize operations.

Proprietary Data Sets and Advanced Analytics

Utilizing proprietary data assets alongside advanced analytics, Verisk offers unparalleled insight into risk management, enabling clients to make data-driven decisions that improve outcomes and reduce costs.

Industry Expertise and Technology Integration

With deep domain expertise in insurance, energy, and financial sectors, Verisk combines scientific research with technological innovation to deliver tailored solutions that address complex business challenges.

Global Reach

The company’s global footprint spans over 20 countries, including a strong presence in Miami, where its data-driven services support local and international clients across various industries.

How Does Verisk Analytics Operate Its Business?

Verisk Analytics primarily operates through long-term agreements and annual subscriptions, offering a suite of data analytics services designed to meet the evolving needs of its client base.

This business model facilitates consistent client engagement and enables continuous enhancement of predictive tools and risk assessment methodologies.

In Which States and Regions Does Verisk Analytics Operate?

The company has a significant presence across the United States, including Florida and Miami, and maintains operations in over 20 countries worldwide, positioning it as a leader in global data analytics.

Who Owns Verisk Analytics?

Verisk Analytics, Inc. is a publicly traded company that functions as a strategic data analytics and technology partner primarily to the global insurance industry, driven by its commitment to innovation and ethical practices.

Is Verisk Analytics Currently Hiring?

You can check out the open positions that Verisk Analytics has right here on OysterLink.