Verisk Analytics, Inc.

Verisk Analytics, Inc. is a leading data analytics and risk assessment company serving the insurance, energy, and financial services industries. Founded in 1971 and headquartered in Jersey City, New Jersey, Verisk provides proprietary datasets, actuarial models, and software solutions that help clients quantify and manage risk. The company operates primarily through its Insurance and Energy & Specialized Markets segments, leveraging vast repositories of historical data and advanced analytics to deliver actionable insights.

Verisk generates revenue through subscription-based data services, transaction-based analytics, and software licenses. Its Insurance segment offers underwriting, rating, and claims solutions for property/casualty insurers, while the Energy & Specialized Markets segment provides risk analytics for natural resources, environmental, and supply chain clients. The company’s recurring revenue model is supported by long-term contracts and high customer retention, with gross margins around 70% and operating margins exceeding 43%.

Verisk operates in the consulting services industry within the industrials sector, competing with firms like Moody’s, S&P Global, and Dun & Bradstreet. Its competitive advantage lies in its proprietary data assets, regulatory expertise, and deep integration into client workflows. The company holds a dominant position in the U.S. property/casualty insurance analytics market, with limited direct competition due to high barriers to entry from data accumulation and regulatory compliance.

Verisk’s primary customers are insurance carriers, reinsurers, and energy companies, with a strong focus on the U.S. market (over 90% of revenue). Key clients include major property/casualty insurers and oil & gas firms. The company also serves government agencies and financial institutions. Its geographic reach is largely domestic, though it has expanding operations in Europe and Asia through acquisitions.

An auto-generated descriptive profile based on company data, for informational purposes only.