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Verisk Analytics
Verisk Analytics supplies global insurance with proprietary data and AI, drawing on 30PB of structured insurance data.
Verisk Analytics
Verisk was taken private by a consortium led by Stone Point Capital in 2024, transitioning from a publicly traded entity to a standalone data and analytics provider. The firm’s roots trace to the insurance industry’s cooperative data pools; it now manages proprietary datasets that span decades of North American property/casualty and life insurance experience. Verisk generates revenue through subscription licenses for underwriting and rating engines, claims management software, and catastrophe risk models—including the widely used AIR Worldwide platform. The firm serves property/casualty insurers, life and annuity carriers, reinsurers, and specialty markets across North America, Europe, and Asia. Notable product lines include ISO classification and loss costs, Xactware for construction estimating, and compliance solutions like FC&S. Verisk partners directly with GPs by embedding its analytics into their underwriting workflows, not as a fund investor. The firm employs over 7,500 professionals globally, with headquarters in Jersey City and additional offices across the US, UK, and India. In late 2024, Verisk announced a partnership to make its analytics available through Anthropic's Claude via standardized MCP connectors (per Verisk press release, 2024). There are no publicly disclosed philanthropic or operating-company vehicles separate from the core analytics business. Verisk’s structural differentiator is its role as a de facto industry utility—its data and models are used by most US property/casualty insurers, creating network effects that competitors cannot replicate. The firm’s proprietary 39 billion-record database and 1.9 billion claims records provide a defensible moat in insurance analytics.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Jersey City
Corporate office
Jersey City, NJ, United States
Sector focus
Frequently asked questions
Who controls Verisk Analytics now?
Verisk was taken private in 2024 by a consortium led by Stone Point Capital, a private equity firm focused on financial services. No single family or individual holds majority control; governance follows a private-equity-owned corporate structure.
How does Verisk generate revenue?
Verisk earns most of its revenue from subscription licenses for insurance analytics software, data services, and catastrophe risk models. Clients pay annual fees for access to ISO rating information, Xactware remodeling tools, and AIR Worldwide catastrophe models. The firm also charges transaction-based fees for usage of its claims and compliance solutions.
What is the scale of Verisk’s data?
Verisk reports owning over 30 petabytes of data, including 39 billion premium and loss records and 1.9 billion claims (per Verisk website, 2024). The dataset is proprietary and built through decades of industry collaboration, giving Verisk a competitive advantage in insurance analytics.
Does Verisk operate as an asset manager?
No. Verisk is a data and analytics company serving the insurance industry, not a capital allocator. It does not manage assets for external investors and does not make equity investments. Its revenue comes entirely from data subscriptions, software licenses, and professional services.
Which sectors does Verisk explicitly avoid?
Verisk does not target investments in assets, companies, or funds. As an analytics provider, it does not have a sector-avoidance policy for allocation purposes. Its product focus is exclusively on insurance and adjacent verticals like construction, sustainability, and real estate.
How does Verisk’s partnership with Anthropic affect its positioning?
In 2024, Verisk announced that its analytics would be available through Anthropic’s Claude via Model Context Protocol connectors. The partnership allows insurers to access Verisk’s proprietary data and models directly within AI workflows, increasing the use of Verisk data without altering the firm’s capital structure.
Is there a philanthropic foundation associated with Verisk?
Verisk does not maintain a publicly disclosed philanthropic foundation or charitable arm separate from the analytics business. Any corporate giving falls under its standard CSR reporting.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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