JERSEY CITY, N.J., April 29, 2021 — A record number of insurers are gaining access to analytics that are critical to their operations by joining the growing and increasingly diverse roster of insurers contributing premium and loss records to Verisk (Nasdaq:VRSK), a leading global data analytics provider.
BOSTON, April 28, 2021 — Thirteen states in the United States, known as the Corn Belt, are responsible for 90 percent of the corn grain and produce in the country and almost 30 percent of the global corn crop. Using climates projected by four climate models as inputs, simulated yields across the Corn Belt during the decade 2046–2055 were 20–40% less than yields simulated during the 1991–2000 decade due to impact of climate change on weather, according to a new report. In addition to the reduction in average yield during the 2046-2055 simulation decade, the year-to-year variation in yield increased significantly with climate change, reflecting a reduction in stability of yield and an associated increase in the risk of catastrophic crop losses.
JERSEY CITY, N.J. — April 15, 2021 — Mid-Hudson Co-Operative Insurance Company (MHC) has selected Verisk’s Sequel to provide underwriting and claims solutions to underpin migration to ISO Electronic Rating Content™ (ERC) for rating support.
Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal first quarter ended March 31, 2021, on Tuesday, May 4, 2021, after the market close. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com.
Jersey City, NJ — March 18, 2021 — FAST, a Verisk (Nasdaq: VRSK) business, announced today that Pacific Life’s new variable annuity product, designed for Registered Investment Advisors (RIAs), is in production with FAST-hosted solutions. Seamlessly integrated into Pacific Life’s workflow, FAST’s solutions support Pacific Life’s new business, policy administration and distribution management capabilities. The launch marks an important milestone in Pacific Life’s digital transformation, which is focused on enabling greater product innovation, increasing speed to market for new products and processes, and expanding digital relationships with distributors and customers.
JERSEY CITY, N.J., March 16, 2021 — Group life insurance carriers can now accelerate their digital transformations with the expansion of flexible, easy-to-implement technology from FAST, a Verisk (Nasdaq:VRSK) business. FAST, a leading software provider in individual life insurance, is acquiring assets and capabilities of 4C Solutions, a software advisory firm in group life insurance, to help insurers meet the rapidly changing coverage needs of companies and their employees.
JERSEY CITY, N.J. — MARCH 3, 2021 — Verisk (Nasdaq:VRSK), a leading global data analytics provider, has introduced VeriskPay™, a digital payment solution that allows Verisk customers to rapidly receive and issue digital payments. Leveraging technology and expertise from Fiserv, Inc., a leading global provider of payments and financial services technology solutions, VeriskPay enables digital payments and payouts from within Property Preservation Wizard™, a work order management solution developed by Verisk’s Xactware business.
BOSTON, March 1, 2021 — Catastrophe modeling firm AIR Worldwide today announced that it is making its Catastrophe Exposure Data Exchange (CEDETM) database schema available as an open standard in order to facilitate accurate, efficient, and transparent data exchange throughout the insurance value chain, allowing companies to make better risk management decisions. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.
JERSEY CITY, N.J., February 23, 2021 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced results for the fourth quarter and fiscal year ended December 31, 2020.
Jersey City, N.J., February 18, 2021 — Verisk (NYSE:VRSK), a leading global data analytics provider, today announced leadership changes and expanded responsibilities for members of its executive management team. The changes reinforce Verisk’s commitment to building cohesive leadership teams that accelerate long-term growth.