Claims Coverage Identifier
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Reasons Why You Should Hold Verisk Analytics Stock in Your Portfolio
ZACKS· 2026-01-09 16:50
Core Insights - Verisk Analytics (VRSK) shares have increased by 3.1% over the past month, outperforming the industry's growth of 1.9% [1][8] - The company has a Growth Score of B, with earnings expected to rise by 4.2% in 2025 and 10.1% in 2026, while revenues are projected to grow by 6.4% in 2025 and 8.1% in 2026 [1] Revenue Growth Drivers - VRSK's revenue growth is primarily driven by its Underwriting & Rating division, with the Claims division as a secondary contributor [2] - The transition from a transaction-based model to a subscription-based model is enhancing overall business growth, supported by rising demand for Software-as-a-Service (SaaS) products [2] Technological Innovations - The introduction of the Claims Coverage Identifier tool is improving data accuracy and decision-making, attracting new customers and encouraging existing customers to adopt subscription-based solutions [3] - The launch of the Commercial GenAI Underwriting Assistant and XactA, both AI-powered tools, is modernizing underwriting and claims handling processes, thereby supporting innovative growth and market share expansion [5] Strategic Acquisitions - VRSK's growth strategy includes significant investments in global companies to enhance data and analytical capabilities, exemplified by the recent agreement to acquire SuranceBay, which will expand its Life & Annuity offerings [4][8]