May 2021

The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie.

LEHI, Utah — May 26, 2021 — Property professionals can now save significant time estimating and managing water mitigation, interior, and exterior claims with SmartScopeTM, a new feature in Verisk’s Xactimate® and XactAnalysis® solutions. Verisk (Nasdaq:VRSK) is a leading global provider of predictive analytics and decision-support solutions.

JERSEY CITY, N.J., May 24, 2021 —Property/casualty insurers weathered a turbulent year in 2020, buffeted by a global pandemic that deeply disrupted economic activity and a historic catastrophe season that caused nearly $62 billion in insured losses, according to a report from Verisk (Nasdaq:VRSK), a leading global data analytics provider, and the American Property Casualty Insurance Association (APCIA).

BOSTON, May 20, 2021 — Catastrophe modeling firm AIR Worldwide announced that newly established international insurance and reinsurance companies from the “Class of 2020,” have selected AIR as their modeler of choice to help manage their catastrophe risk. The so-called Class of 2020 is a group of insurance, reinsurance and specialty companies formed in 2020, including Conduit Re, Core Specialty, Inigo Ltd, Integral ILS Ltd, and Vantage Risk. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.

JERSEY CITY, N.J., May 18, 2021 — More than 4.5 million U.S. properties are at a high-to-extreme risk of wildfire, with more than 2 million of those in California alone, according to estimates from Verisk, (Nasdaq:VRSK), a leading global data analytics provider. To help promote the importance of building resilient communities to property insurers and their customers, the National Fire Prevention Association is providing Verisk with robust data on communities engaging in wildfire mitigation efforts.

JERSEY CITY, NJ — May 17, 2021 — From data breaches and service provider outages to system failures and ransomware attacks, cyber risk is growing and intensifying, forcing many insurers to reconsider how they manage their cyber business. To help address this challenge, Verisk (Nasdaq: VRSK), a leading global data analytics provider, today launched Cyber Risk Navigator, a next-generation cyber risk modeling and aggregation platform built to help insurers, reinsurers and brokers understand the financial impact of cyber incidents.

JERSEY CITY, N.J., May 12, 2021 — Obtaining life insurance could soon become quicker and easier with the launch of an automated solution from Verisk (Nasdaq:VRSK), a leading global data analytics provider. Verisk’s new EHR Triage Engine Plus leverages natural language processing and artificial intelligence to distill critical insights from medical notes in lengthy, consumer-authorized, electronic health records (EHRs).

JERSEY CITY, N.J. – May 6, 2021 – FAST, a Verisk business and innovative software provider for life insurers and annuity providers, has been ranked best for the strength and breadth of its offering among U.S. life and retirement insurance platforms by Information Services Group Inc. (ISG).

JERSEY CITY, N.J., May 4, 2021 — Verisk (Nasdaq:VRSK), a leading global data analytics provider, today announced results for the first quarter ended March 31, 2021.

Archived Press