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Verisk Analytics, Inc. (VRSK)

64.63 Down 0.14(0.22%) Sep 12, 4:00PM EDT
|After Hours : 64.63 0.00 (0.00%) Sep 12, 4:26PM EDT
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Verisk Analytics, Inc.
545 Washington Boulevard
Jersey City, NJ 07310
United States - Map
Phone: 201-469-2000
Fax: 201-748-1472

Index Membership:N/A
Industry:Business Services
Full Time Employees:6,368

Business Summary 

Verisk Analytics, Inc. provides proprietary data, analytic methods, and embedded decision support solutions for detecting fraud in property and casualty (P&C) insurance, financial, and healthcare industries in the United States. The company’s Risk Assessment segment provides solutions to P&C insurance customers and focus on decision making processes in its risk analysis framework, including prediction of loss, and selection and pricing of risk. Its solutions include industry-standard insurance programs that help P&C insurers in defining coverage and issue policies; actuarial services to help its customers analyze and price their risks; and customized services for its clients that include assisting with the development of independent insurance programs, analysis of their own underwriting experience, development of classification systems and rating plans, and various other business decisions, as well as supplies information to various customers in other markets, including reinsurance and government agencies. This segment’s solutions also comprise property-specific rating and underwriting information on individual properties and communities to evaluate and price personal and commercial property insurance, as well as commercial liability insurance. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics that help its customers in predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses. This segment offers fraud-detection tools for the P&C insurance industry; benchmarking, scoring solutions, analytics, and customized services to financial services institutions; and payment accuracy solutions to help healthcare claims payers detect fraud, abuse, and overpayment, as well as helps businesses and governments to anticipate and manage climate-and weather-related risks. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.

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Corporate Governance 
Verisk Analytics, Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 8; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Scott G. Stephenson , 57
Chief Exec. Officer, Pres and Director
Mr. Mark V. Anquillare , 48
Chief Financial Officer, Principal Accounting Officer, Exec. VP and Group Exec. of Risk Assessment
Mr. Perry F. Rotella , 50
Chief Information Officer, Sr. VP and Group Exec. of Supply Chain Risk Analytics
Mr. Kenneth E. Thompson Esq., 54
Exec. VP, Gen. Counsel and Corp. Sec.
Mr. Vincent De P. McCarthy , 49
Sr. VP of Corp. Devel. & Strategy
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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