Verisk Analytics (Verisk) is a data analytics and technology company built around the global insurance industry. The firm is based in Jersey City, New Jersey, and serves carriers, reinsurers, brokers, and regulators worldwide. It built its business on decades of proprietary insurance data covering underwriting, claims, and catastrophe risk.
Website: verisk.com
Head office address: 545 Washington Boulevard, Jersey City 07310-1686
Founded: 1971
Company type: public company (Nasdaq: VRSK)
Business focus: data analytics and technology for the global insurance industry
Regions served: more than 20 countries
Verisk started out as the Insurance Services Office (ISO) in 1971. Back then, ISO worked as a not-for-profit group that pooled insurance statistics and helped carriers meet state filing rules.
The organization later reorganized for the public markets under its current name. Insurers still recognize the ISO brand within its product lineup today.
Those three deals left the firm with one reportable segment: insurance. The company has since increased its investment in artificial intelligence and machine learning, an area it links back to data gathered since 1971.
The company organizes its work around four insurance focus areas: property/casualty, life and annuities, reinsurance, and specialty markets. Its tools support the full policy lifecycle, from underwriting and rating through claims resolution.
The firm built its name on catastrophe risk modeling and still develops software in that category. Underwriting and claims data for insurers remain the core business, and the company says its data warehouse spans tens of billions of records. Some tools also extend into construction and transportation.
The company positions itself as a data partner to insurers, not a competitor selling coverage. Verisk says its client base includes the top 100 US property/casualty insurers, along with other insurers, reinsurers, and brokers. The firm designs its AI tools to be explainable and auditable, given the industry’s regulatory demands.
Insurance Business America named one of Verisk’s product sales executives to its IB America’s Hot 100 2025 list, which recognizes professionals who helped shape the industry that year. If you want a look at other industry awards and special reports, visit IBA’s Best In Insurance page.
The firm frames its purpose as helping the insurance industry make better use of data, analytics, and technology, according to its own materials. It organizes its culture around three stated values: learning, caring, and results. Verisk has earned Great Place to Work certification in the US, UK, Spain, Poland, and India.
Curious what the company has been doing lately? Check the news section below for the latest updates.
Colorado, Texas and Minnesota are among the fastest-growing E&S homeowners markets, as admitted carriers pull back
A tariff deal could ease future claims costs - but the supply chain decisions businesses made during the dispute have already changed their BI exposure and those do not unwind when duties fall
Volatile costs and energy prices are widening insurance-to-value issues
Carriers are sitting up and taking notice as potential hurricane barrels towards our second most Western state
Home values are up 50% nationally since 2019. Homeowners insurance premiums are up 62%. The gap between those two numbers is the real story behind every angry renewal-notice call a broker gets
