Company Reports

Verisk traces its history to Insurance Services Office, a nonprofit advisory firm founded in 1971 by US property-casualty insurers. As its ambitions grew, Verisk gradually changed into a for-profit entity and went public in 2009. Verisk operates primarily under a consortium business model whereby it sources its data from customers, aggregates it, and sells it back to them. As a result, Verisk’s mission-critical, proprietary data and analytics are embedded in the P&C insurance market and have proven highly sticky.

Verisk traces its history to Insurance Services Office, a nonprofit advisory firm founded in 1971 by US property-casualty insurers. As its ambitions grew, Verisk gradually changed into a for-profit entity and went public in 2009. Verisk operates primarily under a consortium business model whereby it sources its data from customers, aggregates it, and sells it back to them. As a result, Verisk’s mission-critical, proprietary data and analytics are embedded in the P&C insurance market and have proven highly sticky.

On Aug. 7, 2026, Reuters reported that a Delaware judge ordered Verisk to try and complete its planned $2.35 billion acquisition of roofing software maker AccuLynx. On Aug. 10, Verisk announced that it strongly disagreed and may appeal. Shares dropped 7% on intraday trading.

Verisk reported a decent second quarter with organic revenue growth of 5.8%, an acceleration from 4.7% growth in the first quarter. Adjusted EBITDA margins were roughly flat from last year at 57.5%. Verisk maintained its full year outlook. Shares rose 3% in intraday trading.

Verisk traces its history to Insurance Services Office, a nonprofit advisory firm founded in 1971 by US property-casualty insurers. As its ambitions grew, Verisk gradually changed into a for-profit entity and went public in 2009. Verisk operates primarily under a consortium business model whereby it sources its data from customers, aggregates it, and sells it back to them. As a result, Verisk’s mission-critical, proprietary data and analytics are embedded in the P&C insurance market and have proven highly sticky.

Verisk reported first-quarter organic revenue growth of 4.7%, modestly down from 5.2% in the fourth quarter. Adjusted EBITDA increased 6% to $438 million, and the firm maintained its 2026 financial outlook. Following a beat to consensus expectations, shares rose 4% in April 29 intraday trading.

Amid the possibility of generative AI disrupting many industries, we reviewed the moat ratings for an array of capital markets information services stocks, including Broadridge, Clearwater Analytics, FactSet, Fair Isaac, Moody’s, MSCI, S&P Global, SS&C Technologies, and Verisk.

Verisk traces its history to Insurance Services Office, a nonprofit advisory firm founded in 1971 by US property-casualty insurers. As its ambitions grew, Verisk gradually changed into a for-profit entity and went public in 2009. Verisk operates primarily under a consortium business model whereby it sources its data from customers, aggregates it, and sells it back to them. As a result, Verisk’s mission-critical, proprietary data and analytics are embedded in the P&C insurance market and have proven highly sticky.

Verisk reported fourth-quarter organic revenue growth of 5.2%, relatively steady from 5.5% in the third quarter, with adjusted EPS of $1.82, up 13% from the year-ago period. As is customary, Verisk gave its initial 2026 financial outlook. Shares traded modestly higher during the Feb. 18 session.

In intraday trading on Feb. 3, a broad group of information-services companies, such as rating agencies, data providers, index providers, credit bureaus, and others, are seeing share price declines of 5% or more.

We are transferring coverage of Verisk Analytics to a new analyst. Verisk’s data-enabled solutions are deeply embedded in the US property-casualty insurance industry.

Verisk traces its history to Insurance Services Office, a nonprofit advisory firm founded in 1971 by US property-casualty insurers. As its ambitions grew, Verisk gradually changed into a for-profit entity and went public in 2009. Verisk operates primarily under a consortium business model whereby it sources its data from customers, aggregates it, and sells it back to them. As a result, Verisk’s mission-critical, proprietary data and analytics are embedded in the P&C insurance market and have proven highly sticky.

After divesting its noncore energy and financial-services segments, Verisk Analytics has emerged as an enterprise dedicated exclusively to serving the global insurance ecosystem. This sharpened focus, combined with its integrated suite of solutions, has reinforced Verisk’s position as the premier third-party provider of data, analytics, and technology to the insurance industry. The streamlined structure has supported consistent top-line growth, margin expansion, and a stronger platform for innovation.

Verisk Analytics' third-quarter results included nearly 6% year-over-year revenue growth and organic adjusted EBITDA margin of 55.4%. The shares traded down on the release as fewer inclement weather events and a delayed acquisition reduced the company's full-year revenue outlook.

After divesting its noncore energy and financial-services segments, Verisk Analytics has emerged as an enterprise dedicated exclusively to serving the global insurance ecosystem. This sharpened focus, combined with its integrated suite of solutions, has reinforced Verisk’s position as the premier third-party provider of data, analytics, and technology to the insurance industry. The streamlined structure has supported consistent top-line growth, margin expansion, and a stronger platform for innovation.

We are initiating coverage of Verisk Analytics, the premier provider of data, analytics, and technology solutions within the property and casualty insurance industry. Verisk benefits from its central role and unique data assets to power insurance underwriting and assist in fraud detection.

After divesting its noncore energy and financial services segments, Verisk Analytics has emerged as a focused enterprise dedicated exclusively to serving the global insurance ecosystem. This sharpened focus, combined with its integrated suite of solutions, has reinforced Verisk’s position as the premier third-party provider of data, analytics, and technology to the insurance industry. The streamlined structure has supported consistent top-line growth, margin expansion, and a stronger platform for innovation.

Verisk Analytics reported second-quarter revenue of $773 million, up 7.9% year over year in organic constant currency, or OCC, due to improved pricing and renewals. Adjusted EBITDA margin grew 220 basis points year over year to 57.6% due to foreign-currency tailwinds and strict cost discipline.

Verisk Analytics is the data and analytics backbone of the US property and casualty insurance industry. The firm leverages a vast contributory database and industry relationships dating to its origin as an insurance provider consortium to derive analytical solutions that improve underwriting and claims outcomes, and operating efficiency. Alongside a contributory database with over 32 billion standardized records of insurance transactions, Verisk has established a proprietary dataset of P&C risks facing over 16 million commercial properties, environmental hazards facing every postal address in the US, and is a leader in catastrophe modeling used by insurers, financial institutions, and governments.

Wide-moat Verisk Analytics reported solid first-quarter earnings that beat our estimates for both revenue and profitability. The company benefited from ongoing macroeconomic uncertainty, which bolstered the insurance sector and led to higher premiums aligned with elevated risk levels supporting Verisk’s growth. This performance was further aided by solid product attachment and favorable pricing trends, both of which continued to drive top-line expansion. Management maintained full-year guidance, expecting strength in premium growth to be offset by weakness in discretionary spending. Adjustments to our model reflect solid performance this quarter but were otherwise minimal. As a result, we raise our fair value estimate to $245 per share, from $230 previously, and view the stock as overvalued.