Company profile

Future of Verisk Analytics

#
Rank
721
| Quantumrun Global 1000

Verisk Analytics, Inc. is a US-based risk assessment and data analytics firm providing services in insurance, financial services, natural resources, government and risk management. It uses industry expertise and proprietary data to provide solutions and predictive analytics in data management, fraud prevention, insurance coverages, weather and catastrophe risk, fire protection, actuarial science, and other fields.

Home Country:
Industry:
Business & Personal Services
Founded:
1942
Global employee count:
6314
Domestic employee count:
Number of domestic locations:
31

Financial Health

Revenue:
$1995200000 USD
3y average revenue:
$1729000000 USD
Operating expenses:
$1227600000 USD
3y average expenses:
$1027900000 USD
Funds in reserve:
$135100000 USD
Market country
Revenue from country
0.77

Asset Performance

  1. Product/Service/Dept. name
    Decision analytics
    Product/Service revenue
    1270900000
  2. Product/Service/Dept. name
    Risk assessment
    Product/Service revenue
    724300000

Innovation assets and Pipeline

Total patents held:
4

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the business services sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the business services world. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white and blue-collar employees.

*Blockchain technology will be co-opted and integrated into the operations of a range of business services providers, significantly reducing transaction costs and automating complex contract agreements.

COMPANY’S FUTURE PROSPECTS

Company Headlines