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Reasons Why You Should Hold Verisk Analytics Stock in Your Portfolio
ZACKS· 2026-01-09 16:50
Key Takeaways VRSK shares rose 3.1% over the past month, outperforming the industry's 1.9% growth.VRSK's revenue growth is led by Underwriting & Rating, backed by a shift from transactions to subscriptions.VRSK is adding AI tools and acquiring SuranceBay to expand data capabilities and Life & Annuity offerings.Shares of Verisk Analytics (VRSK) have gained 3.1% over the past month, outperforming the industry’s 1.9% growth.VRSK has a Growth Score of B, which condenses key financial metrics to reflect a fair s ...
Verisk Launches Generative AI Commercial Underwriting Assistant to Revolutionize Risk Assessment and Underwriting Efficiency
Globenewswire· 2025-09-16 11:00
Core Insights - Verisk has launched the Commercial GenAI Underwriting Assistant, a cloud-based solution aimed at modernizing commercial property underwriting through advanced data analytics and generative AI [1][2] - The solution is designed to enhance operational efficiency, improve profitability outcomes, and adapt to the evolving commercial property market [1][3] Company Overview - Verisk is a leading strategic data analytics and technology partner to the global insurance industry, focusing on modernizing processes and reducing operating costs for insurers [6][9] - The company emphasizes ethical AI principles in the development of its solutions, ensuring fairness, accountability, inclusivity, transparency, and privacy [4] Industry Challenges - Insurers are currently facing rising costs, tighter margins, and a shrinking workforce, which threaten institutional knowledge [3] - According to Verisk's 2025 State of the Industry Survey, 43% of respondents cited profitability as their top priority, while 36% identified digital transformation as their biggest challenge [8] Technological Integration - The Commercial GenAI Underwriting Assistant is part of Verisk's Augmented Underwriting Suite, integrating multiple products into a seamless process [5] - The solution is API-enabled, allowing for flexibility, scalability, and security within existing policy administration and underwriting systems [7] Future Outlook - A significant 69% of industry respondents believe that AI and generative AI will have the most substantial impact on the insurance industry over the next five years [8]