Verisk Analytics News
Data Quality and the Commercial Property Insurance Marketplace
Although big data and disruption have become hot topics in the language of market watchers and business leaders, in commercial property insurance, the quality of data is a paramount consideration of ...
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Lloyd's of London has developed common core data requirements for cyber risks, a task achieved through collaborating with modeling firms AIR Worldwide and RMS, along with RMS' partner, the Cambridge ...
P/C Insurers Vary Widely in Catastrophe Claims Staff Compensation
Property/casualty insurers vary widely in their approach to compensating claims staff and managers as they respond to catastrophes, according to a new study from Verisk Analytics' Property Claims ...
Verisk Analytics Branches Out From P/C With $2.8B Wood Mackenzie Deal
Verisk Analytics Inc., a supplier of data to insurers and banks, agreed to buy Wood Mackenzie for about 1.85 billion pounds ($2.8 billion) in cash, gaining a business providing information to the ...Verisk Launches Next-Gen Commercial Property Data Analytics System
Verisk Insurance Solutions - Commercial Property, part of Verisk Analytics, has launched the next generation of its ProMetrix suite of data and analytics for commercial property carriers. Updates to ...
Verisk Grabs ‘Complementary’ British Rival for $31.6M
Verisk Analytics snatched up a British analytics and advisory outfit for more than $31.6 million, beefing up its research and data capacity for geopolitical and other risks in the process. The New ...
Verisk Analytics CEO Stephenson: Driving Innovation Forward
How do you encourage employees to pursue innovation at your company? "The first thing is you have to make it safe for them," says Verisk Analytics President and CEO Scott Stephenson. "You just have ...
Best Practices for Managing Emerging Issues From Nanotech to the Internet of Things
As Benjamin Franklin once cautioned: "By failing to prepare, you are preparing to fail." That said, insurers must plan today for the emerging risks of tomorrow. Emerging issues have become ubiquitous ...