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Corporate Social Responsibility


Agricultural workers pick green beans in a field

Our research reveals that companies are facing a “high” or “extreme” risk of association with modern slavery in 115 countries.

We’re committed to achieving a governance framework, which evolves according to stakeholder expectations and promotes: 

  • a diversity of informed opinion
  • objective assessments of risk and opportunity
  • protection of physical, financial, and intellectual assets
  • the fair treatment of employees
  • appropriate standards of conduct
  • clear responsibility and accountability for outcomes

Board of Directors

The Verisk Board currently comprises 10 directors, four of whom are women. All Verisk directors meet the Nasdaq definition of independence, except for Lee Shavel, Verisk’s CEO. The Board includes an independent Chair of the Board and five committees: Audit; Compensation; Executive; Finance and Investment; and Governance, Corporate Sustainability, and Nominating.

Risk Management

As part of our annual risk survey, each business unit identifies its most significant internal and external risks in terms of likelihood and potential impact. The exercises are facilitated by Verisk’s internal risk management department with guidance from external consultants.

Following an extensive process at the executive and board levels involving review, analysis, and prioritization, the mission-critical corporate risks are identified. Once these risks are determined, the Board periodically reviews business progress reports, with business unit commitments subject to future audit.

Verisk’s Approach to Cybersecurity

Verisk remains steadfast in our commitment to safeguarding the confidentiality, integrity, availability, and responsible use of data. Our rigorous Approach to Cybersecurity is a comprehensive framework comprising cyber risk governance, risk identification and management, risk prevention and protection, monitoring and detection, and response and recovery planning. The approach also maintains globally recognized security certifications and contains policies and procedures for all facets of the company and its workforce, including leadership, employees, and third parties conducting business with Verisk.

Business Integrity

Verisk sets a high and uniform standard of fair and ethical behavior for its management, employees, and suppliers. These standards are detailed in our Code of Business Conduct and Ethics, Anti-Bribery and Corruption Policy, Supplier Code of Conduct and credentialing process, Employee Covenants, and Statement on Modern Slavery.

Our commitment to business integrity is further supported by an extensive security and compliance framework that incorporates training for our employees.

You will soon be redirected to the 3E website. If the page has not redirected, please visit the 3E site here. Please visit our newsroom to learn more about this agreement: Verisk Announces Sale of 3E Business to New Mountain Capital.