Verisk Analytics

insurtechiot (preventive insurance/telematics)

FOUNDING YEAR: 1971
LOCATION: United States
Last Update: 18/10/2019

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About

Verisk Analytics is public listed company which provides an online platform for data analytics and risk management for its customers in insurance, natural resources and financial services, etc. It offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting and many other fields.

Focus

PRODUCTS & SERVICES

Online platform for data analytics and risk assessment

REVENUE MODEL

The company generates revenue by charging a percentage of service fees.

MAIN CLIENTS

Insurance companies

Financial institutes

Government agencies

EXISTING PARTNERSHIPS

Verisk and Driveway announced a strategic alliance that will see the duo targeting auto manufacturers

their customers and insurers with a solution that will combine Driveway’s telematics platform with Verisk Data Exchange.

Traction

REVENUE COMMENT:

The company revenue was US$2.1 billion in 2015.

OTHER INFO:

The company acquired 13 companies by 2016. Recently Verisk Analytics acquires Healix Risk Rating in Feb. 2017. Palomar Specialty Launches Private Residential Flood Program in California that uses a highly advanced and granular proprietary rating system.

People

FOUNDERS

Frank J. Coyne

NUMBER OF EMPLOYEES

1000+

INVESTORS:

Mawer Investment Management Ltd

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Sep 2016

TOTAL FUNDING COMMENT

The company has received undisclosed investments from Mawer Investment Management Ltd. in 2016.

LISTED

NO

BASICS

FOUNDING YEAR:

1971

LOCATION:

United States

Views:

51 VISITORS | 56 VIEWS
TOTAL EMPLOYEES
1000+

About

Verisk Analytics is public listed company which provides an online platform for data analytics and risk management for its customers in insurance, natural resources and financial services, etc. It offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting and many other fields.

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Focus+
Momentum+
Traction+
People+
Other+

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