VRSK
Verisk AnalyticsยทNASDAQ
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VRSK Profile
Verisk Analytics, Inc.
A company that provides data-driven analytic insights and solutions for the insurance and energy industries
545 Washington Boulevard , Jersey City
, NJ 07310-1686
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Verisk Analytics, Inc .'s history dates back to 1971 when the Office of Insurance Services, LLC (or ISO) began operations as a non-profit consulting and rating agency providing services to the U.S. property and casualty insurance industry. ISO was established as an association of insurance companies to collect data and other information from insurance companies and regulatory reports as required by law. The original functions of ISO also include developing plans to help insurers define; and managing insurance products and providing information to help insurers determine their own independent insurance rates. Insurers have used and continue to use the product development, underwriting and rating functions that the company primarily offers. Today, these businesses form the core of the company's risk assessment business.
Verisk Analytics Holdings and its subsidiaries are able to undertake risky businesses and better understand and manage risk. The company provides customers with proprietary data combined with analytical methods and builds embedded decision support solutions. The company is one of the largest integrators and suppliers of property insurance risk data in the United States of America. The company provides solutions for the US property and casualty insurance, financial and healthcare industries and sophisticated methods to predict and quantify losses, from natural disasters to health insurance in the supply chain to detect fraud. The company provides solutions, including data, statistical models or customized analysis, all designs that allow customers to make more rational decisions.
