Responsible Data Analytics and Innovation

Building on a legacy of trust

Data plays a critical role in fueling business and connecting society, but that data must be transparently collected, well-guarded and used responsibly. For more than 50 years, Verisk has been a champion of responsible data analytics, and we remain committed to safeguarding the integrity, confidentiality, and trustworthy use of data.

Rigorous commitment to data responsibility

Our commitment to responsible data gathering and analytics is rooted in our core principles.

Safeguarding data

We protect the security and privacy of all types of data we collect with innovative technologies and sophisticated procedures.

Strong internal governance

Rigorous data governance processes include dedicated compliance officers and data governance experts, policies, procedures, standards, ongoing security improvements, employee security and compliance training, and diligent third-party vendor management.

Compliance with rules and regulations

We closely adhere to regulations and requirements enacted by federal, state, and local governments as well as international regulatory bodies.

Transparency and trust

We have a long history of working with insurers and regulators in the P&C insurance industry. We continually strive to earn the trust of our clients and the industry by showing the reliability of our data and our dedication to data stewardship.

Acting responsibly

We’re committed to responsibly collecting, managing and storing data entrusted to Verisk’s custody, care, and control. We have internal data validation processes that check for data accuracy and integrity.

Building resilience with responsible data analytics

Responsible data gathering combined with analytics results in greater resilience for the economy, consumers, and society as a whole. Verisk supports this resilience in several ways.

Assessing climate change

Our catastrophe models are instrumental in helping government and non-governmental organizations understand their community’s loss potential and vulnerability to perils, evaluate risk mitigation strategies, and inform disaster risk financing programs.

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Office Worker Looking At Data In The Evening

Detecting insurance fraud

Insurance fraud is a global, costly economic and social problem that affects everyone—consumers, businesses, and communities. Our robust data, advanced analytics, and innovative technology help insurers and state fraud bureaus detect potential fraud faster.

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