JERSEY CITY, N.J., September 19, 2013 — New Jersey and New York business leaders gathered at Verisk Analytics headquarters in Jersey City last week to discuss emergency management and disaster recovery. Verisk Analytics (Nasdaq:VRSK) is a leading source of information about risk.
“In a crisis, it’s imperative to determine which populations will require aid, shelter, and recovery assistance and how essential services will be impacted,” said Jared Wolovnick, assistant vice president and assistant general counsel at Verisk Analytics and a featured speaker at the event. “Authorities also have to determine which transportation and evacuation routes are going to be affected, which utilities and parcels will be affected, and which cleanup resources are needed.”
Wolovnick explained how the company’s risk management expertise and capabilities in predictive analytics can support resiliency. “Analytics provides critical information to emergency managers, risk managers, and city planners,” said Wolovnick, who listed stochastic storm modeling, hazard forecasting, real-time analytics, web-based GIS services, aerial change detection, and utility impact analysis among the services Verisk offers.
The event was the third in a series of summits coordinated by Jersey City Medical Center and its LibertyHealth Foundation to explore the future growth and needs of Jersey City. Jersey City Medical Center is the largest provider of healthcare services in Hudson County, New Jersey.
“The Jersey City Medical Center was pleased to work with Verisk to organize this event,” said Joseph F. Scott, president and CEO of Jersey City Medical Center. The event was attended by former New Jersey Congressman Frank Guarini.
Keynote speaker Ellis Stanley, executive vice president of Emergency and Disaster Management Services at Hammerman and Gainer International (HGI), discussed how to build resilient cities for the 21st century. Stanley has more than 35 years of experience in the emergency management field.
“Disaster resilience is the ability to prepare and plan for, absorb, recover from, or more successfully adapt to actual or potential adverse events,” he said. “It’s about adapting — having vision, focus, follow-through, and fortitude. Most important, it’s about embracing the ‘new normal.’ Resilient assets, infrastructure, and communities require resilient regions. And resiliency requires an understanding of which assets and services are critical in any scenario.”
“Verisk is proud to host an event that is so closely tied to our core risk management mission and expertise,” said Verisk President and CEO Scott Stephenson. “Verisk provides vital analytics and decision support tools for clients that face risk in a variety of fields. Every day, we help our customers make decisions that affect millions of people and tens of thousands of businesses around the world. Our company has a long and distinguished history of supplying solutions that help companies and communities make informed decisions, manage risk, and recover from loss.”
About Verisk Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading provider of information about risk to professionals in insurance, healthcare, financial services, government, and risk management. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry expertise and unique proprietary data sets to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and many other fields. In the United States and around the world, Verisk Analytics helps customers protect people, property, and financial assets. For more information, visit www.verisk.com.