Founded in 1971 as the Insurance Services Office (ISO), Verisk Analytics has evolved into a leading provider of proprietary data and analytics for the insurance ecosystem. The company operates through two main segments: Underwriting and Claims. Its Underwriting segment offers solutions for risk selection, pricing, and policy language, while the Claims segment provides tools for property estimating, workflow automation, and anti-fraud analytics. Verisk leverages massive datasets and advanced catastrophe modeling to help insurers, reinsurers, and governments assess and manage complex risks, including extreme weather and climate change. Following the divestiture of its energy and financial services businesses in 2022, Verisk operates as a pure-play insurance analytics provider.
