Press Releases

London — October 28, 2020 — Innovation Group, a leading global InsurTech and specialist insurance services business, has signed an agreement with Verisk, a leading data analytics provider.

JERSEY CITY, N.J., October 27, 2020 — Net income for the private U.S. property/casualty insurance industry dropped 26% in the first half of 2020, as the effects of COVID-19 began to hurt insurer underwriting results and investment gains, according to Verisk (Nasdaq:VRSK), a leading data analytics provider, and the American Property Casualty Insurance Association (APCIA).

LONDON, October 20, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced that Davies, the leading specialist professional services and technology firm, has signed a three-year agreement to renew and broaden its use of Verisk solutions, including for remote-working operations. The new contract means the company’s Xactware solutions will now, for the first time, support Davies to accelerate loss validation, estimation, loss adjustment, and repair fulfilment as well as improve customer collaboration through a dedicated live customer portal.

BOSTON, Oct. 14, 2020 — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Delta’s winds and storm surge will range from USD 1 billion to USD 3 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.

Jersey City, NJ -- October 14, 2020 – FAST, a Verisk (Nasdaq:VRSK) business, announced today that Lincoln Heritage Life Insurance Company, a leading provider of whole life insurance, is in production with FAST’s electronic Application (eApp). The implementation is the first step in a multi-phase legacy transformation program at Lincoln Heritage, which will also include FAST’s distribution management and policy administration.

JERSEY CITY, NJ and DEARBORN, MI, October 13, 2020 – Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced that Ford Motor Company (NYSE:F) has joined the Verisk Data Exchange™. Owners of eligible Ford and Lincoln vehicles will soon have easy access to usage-based insurance programs from the many U.S. auto insurers that connect to the Exchange—including three of the ten largest U.S. carriers.

JERSEY CITY, N.J., October 7, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider, will report its financial results for the fiscal third quarter ended September 30, 2020, on Wednesday, November 4, 2020, 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, N.J. — September 30, 2020 — Verisk (Nasdaq:VRSK), a leading data analytics provider, and Duck Creek Technologies, a leading provider of core system solutions for the property/casualty insurance industry, announced today the addition of solutions from BuildFax, a Verisk business, to Duck Creek’s Content Exchange.

JERSEY CITY, N.J., Sept. 29, 2020—Verisk (Nasdaq:VRSK), a leading data analytics provider, announces the addition of Gen. Vincent Brooks to its board of directors, effective October 1.

BOSTON, September 22, 2020 — Catastrophe risk modeling firm AIR Worldwide (AIR) today announced that it released an updated Multiple Peril Crop Insurance (MPCI) Model for China to support probabilistic assessments for five newly modeled crop lines of business and a newly modeled sub-peril. This update also includes a new livestock module that adds six additional lines of business and two new sub-perils.

Archived Press