Verisk Analytics (VRSK) Company Report

Verisk has delivered 6–8% organic constant-currency revenue growth annually since 2009, driven by ~3–4% pricing, 1.5–2% cross-sell/upsell, 1.5–2% new products, and net new customers (~50–150 bps) offset by attrition (~50–150 bps).
The company refocused on its core P&C insurance vertical, elevating engagement to the C-suite to accelerate product innovation and capture the faster-growing technology spend within the industry.
Near-term outlook: Q4 2025 growth is expected to remain soft due to lighter weather-related transaction volumes, persisting into early 2026, while subscription revenue has outpaced overall growth and sales are at record levels this year.
Verisk is embedding GenAI across its portfolio—enabling natural-language interaction with forms, claim photo tagging in property estimating, document summarization for workers’ comp, and physics-based enhancements in catastrophe modeling—to strengthen product differentiation.

2 days ago

Transcript

Verisk outlines growth strategy and AI integration at UBS Tech Conference

VRSK

New Projects/Investments

Verisk targets 6-8% organic constant currency revenue growth, driven ~3-4% from pricing, 1.5-2% from cross-sell/upsell, 1.5-2% from new products, +50–150 bps from new customers and offset by 50–150 bps attrition each year.
The company has refocused solely on the P&C insurance vertical, elevating engagement to the C-suite and modernizing its core Forms, Rules & Loss Costs (“Core Lines Reimagined”) business for improved usability and faster innovation.
Near-term, lighter weather events have led to softer 4Q growth, but management remains confident in meeting its medium-term targets for 2026 despite tougher year-over-year comps.
Verisk’s moat is reinforced by proprietary and contributory data sets (30 bps of U.S. P&C premiums) and ongoing GenAI integration across its product suite, spanning claims, underwriting and catastrophe modeling.

2 days ago

Transcript

Verisk Analytics outlines growth drivers and AI strategy at UBS 2025 Global Technology and AI Conference

VRSK

Verisk reiterated its 6%–8% constant-currency organic revenue growth target, attributing 3%–4% to pricing, 1.5%–2% to cross-sell/upsell, 1.5%–2% to new products, offset by 50–150 bps of attrition.
Growth in 4Q 2025 is expected to be soft, driven by lighter weather-related activity, in line with trends observed in Q3 2025.
The company has refocused exclusively on the insurance industry, divesting non-core verticals and investing in Core Lines Reimagined, a multi-year modernization of its contributory forms, rules, and loss costs suite on a cloud-based platform.
Verisk is embedding GenAI across its product portfolio—ranging from natural language interfaces for forms to AI-powered property estimation (XactAI) and enhanced catastrophe modeling—as clients build AI governance and appetite for these solutions grows.
Acknowledging competitive pressures (notably in auto data), Verisk cites its proprietary and contributory data moat, deep subject-matter expertise, and trusted carrier relationships as key barriers to disintermediation.

2 days ago

Transcript

Verisk previews Core Lines Reimagined rollout and AI enhancements

VRSK

Product Launch

New Projects/Investments

At J.P. Morgan’s Ultimate Services Investor Conference, Verisk’s President of Underwriting Solutions confirmed Core Lines Reimagined—a multi-year overhaul of ISO forms, loss costs, analytics, and technology—is in its final quarter, with digital modules live on core.verisk.com, >50% customer adoption, and 2–3× engagement on mature analytics.
Verisk is embedding Gen AI layers into its proprietary content for natural-language querying, automated metadata tagging, and rapid ingestion of unstructured submissions, boosting internal development efficiencies and customer workflows.
Underwriting Solutions maintains value-based pricing, leveraging Core Lines Reimagined to sustain past price realization improvements, while addressing headwinds from personal auto competitive parity and a reduction in certain government contract spend.
The full migration of all content to the new digital platform is expected within 12–18 months, with a voluntary transition to avoid forced cutovers and to let customers adopt at their own pace.

Nov 18, 2025, 7:00 PM

Transcript

Verisk details underwriting solutions transformation at investor conference

VRSK

Product Launch

M&A

Underwriting Solutions President Saurabh Khemka said Verisk is in the final phase of its five-year Core Lines Reimagined overhaul; over 50% of customers now use the new digital platform (core.verisk.com), with 2–3× higher engagement on mature analytics modules, and Gen AI layers enable natural-language querying and summaries of proprietary forms, rules, and loss costs data.
Verisk is building new contributory underwriting databases, notably an excess & surplus lines consortium, allowing customers to benchmark their E&S performance against admitted market data and benefit from network effects as they contribute data.
The company will continue value-based pricing under its existing methodology; Core Lines Reimagined delivers enhanced analytics that support improved price realization and ongoing margin expansion, particularly through long-term contracts.
In personal lines auto, competitive pressure is concentrated in non-differentiated products, though Verisk’s LightSpeed bindable-quote solution remains uniquely differentiated, prompting a renewed focus on product innovation.
Verisk maintains an appetite for M&A on the underwriting side—seeking acquisitions that bolster proprietary data and workflow synergies—and plans to migrate all core content to core.verisk.com within 12–18 months via voluntary customer transition.

Nov 18, 2025, 7:00 PM

Transcript

Verisk outlines Core Lines Reimagined progress at J.P. Morgan 2025 Investor Conference

VRSK

New Projects/Investments

M&A

Verisk’s Core Lines Reimagined program is in its final phase of a five-year overhaul, with over 50% of customers using new digital modules and digitized analytics driving 2–3× higher engagement on migrated content.
The company is layering Gen AI on proprietary forms, rules, and loss-cost content to enable natural-language queries and faster summarization, further boosting customer interaction.
Verisk is building a contributory Excess & Surplus (E&S) line database by aggregating customer data to benchmark E&S performance against admitted markets, creating a network effect for participants.
Underwriting Solutions will maintain value-based pricing and pursue margin expansion by leveraging AI-driven efficiencies in content digitization and internal workflows.
All core underwriting content will be available on core.verisk.com within 12–18 months without forced migration, with customers expected to transition fully as they realize platform efficiencies.

Nov 18, 2025, 7:00 PM

Transcript

Verisk estimates USD 2.2–4.2 B insured losses from Hurricane Melissa

VRSK

The Extreme Event Solutions group at Verisk forecasts industry insured losses of USD 2.2 billion to USD 4.2 billion to onshore property in Jamaica from Hurricane Melissa.
Melissa made landfall as a Category 5 hurricane with 185 mph maximum sustained winds and a minimum central pressure of 892 mb near New Hope, Jamaica on October 28.
Residential building inventory in Jamaica is ~70% masonry and ~30% wood framed with informal construction practices; significant damage occurred where winds exceeded local design codes (130 mph in Black River, 125 mph in Montego Bay).
Insurance take-up rates are under 20% for residential properties, with many underinsured and a significant portion of commercial and auto lines uninsured; Verisk’s estimates exclude uninsured properties, storm surge, infrastructure, and other categories.

Nov 3, 2025, 11:53 AM

Press Release

Verisk reports Q3 2025 results

VRSK

Earnings

M&A

Guidance Update

Consolidated GAAP revenue in Q3 was $768 million (+5.9% YoY); net income $226 million (+2.5%) and EPS $1.61 (+5%).
On an OCC basis, revenues grew 5.5%, driven by subscription growth of 8.7% (84% of revenues), while transactional revenues declined 8.8% due to low weather activity.
OCC adjusted EBITDA increased 8.8%, expanding margins to 55.8%, and free cash flow rose 40% to $336 million aided by improved collections and tax benefits.
FTC issued a second request delaying the AccuLynx acquisition; Verisk removed any deal benefits from its 2025 guidance.
Revised 2025 guidance forecasts revenue of $3.05–3.08 billion, adjusted EBITDA of $1.69–1.72 billion, and adjusted EPS of $6.80–7.00.

Oct 29, 2025, 12:30 PM

Transcript

Verisk reports Q3 2025 earnings results

VRSK

Earnings

Guidance Update

GAAP revenue was $768 million (+5.9% YoY) and net income was $226 million (+2.5%), driving diluted EPS of $1.61 (+5%) in Q3 2025.
Organic constant-currency revenue grew 5.5%, led by subscription revenue up 8.7%, while OCC adjusted EBITDA rose 8.8% with margins expanding to 55.8%.
Transactional revenue declined 8.8% due to exceptionally low weather activity (~1% drag on OCC revenue); NOAA-tracked events were down 18% YoY and 31% below the five-year average.
Updated 2025 guidance excludes AccuLynx benefits, now forecasting revenue of $3.05–3.08 billion, adjusted EBITDA of $1.69–1.72 billion, margins of 55–55.8%, and adj EPS of $6.80–7.00.

Oct 29, 2025, 12:30 PM

Transcript

Verisk announces Q3 2025 results

VRSK

Earnings

Guidance Update

Share Buyback

Verisk reported 3Q25 revenue of $768 M, up 5.9% YoY (OCC +5.5%), and adjusted EBITDA of $429 M, up 7.2% YoY (OCC +8.8%).
Achieved diluted adjusted EPS of $1.72, up 3.0% YoY, and generated $336 M of free cash flow (39.6% YoY), with YTD FCF of $916 M.
Returned $163 M to shareholders in 3Q25, including $100 M share repurchases and $63 M dividends ($0.45/share).
Reaffirmed 2025 guidance: revenue of $3.05–3.08 B, adjusted EBITDA of $1.69–1.72 B, and diluted adj. EPS of $6.80–7.00.

Oct 29, 2025, 12:30 PM

Presentation

Earnings Transcripts

Quarterly earnings call transcripts for Verisk Analytics.