Sabra Purtill
Director at VRSK
Board
About Sabra R. Purtill
Sabra R. Purtill (age 62) is an experienced financial executive nominated as an independent director of Verisk at the 2025 Annual Meeting; she was elected on May 20, 2025 with strong shareholder support (120,175,285 votes for, 197,553 against, 70,360 abstain) . She is currently an advisor to American International Group (AIG) and previously served as AIG’s Chief Financial Officer (Jan 2023–Nov 2024), Chief Risk Officer (2021), and Deputy CFO & Treasurer (2019); she also served as Chief Investment Officer of Corebridge Financial (Apr 2022–Jan 2023) . The Board determined she will be considered independent if elected, which occurred, and committee assignments for her post-election were pending at proxy publication . Her core credentials span corporate finance, capital markets and treasury, financial reporting, communications, risk, and investment/capital allocation for large insurers and financial services companies .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| American International Group (AIG) | Advisor | Current (as of proxy) | Advisory capacity to the company |
| American International Group (AIG) | Chief Financial Officer | Jan 2023–Nov 2024 | Oversaw corporate finance, reporting, and capital management |
| American International Group (AIG) | Chief Risk Officer | 2021 | Enterprise risk oversight |
| American International Group (AIG) | Deputy CFO & Treasurer | 2019 | Corporate treasury and finance leadership |
| Corebridge Financial (CRBG) | Chief Investment Officer | Apr 2022–Jan 2023 (returned to AIG as CFO thereafter) | Led investment portfolio strategy |
| Hartford Financial Services Group | SVP, Head of Investor Relations & Treasurer | Not disclosed | Investor communications and treasury leadership |
| Assured Guaranty Ltd. | Managing Director, Investor Relations & Communications | Not disclosed | Investor relations and communications leadership |
| Chubb Limited (ACE) | SVP, Corporate Finance | Not disclosed | Corporate finance leadership |
| Sell-side/Banking | Analyst and banking/capital markets roles | Earlier career (not disclosed) | Insurance sector research and capital markets |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| University of Virginia – Center for Politics | Advisory Board Member; Chair | Member since 2018; Chair since 2022 | Provides governance oversight and strategic advice |
| College Foundation of the University of Virginia | Board of Trustees | Since 2023 | Audit Committee; Finance & Investment Committee |
Board Governance
- Independence: Determined independent upon election; she was elected at the 2025 Annual Meeting .
- Committee service: Board was still determining which committees Ms. Purtill will serve on (post-election) at time of proxy filing .
- Attendance: Board reported all directors in 2024 attended ≥75% of board/committee meetings; Ms. Purtill is new for 2025 (attendance N/A) .
- Term/structure: Directors elected annually with majority voting and resignation policy for <50% support; independent chair separate from CEO .
| Election Outcome (May 20, 2025) | Votes For | Votes Against | Abstain |
|---|---|---|---|
| Sabra R. Purtill | 120,175,285 | 197,553 | 70,360 |
Fixed Compensation (Director Program Structure)
| Component | Amount/Terms | Notes |
|---|---|---|
| Annual cash retainer (non-employee director) | $105,000 | Payable in cash, deferred cash, stock, deferred stock, or a mix; paid quarterly; stock vests immediately if elected |
| Committee chair retainer | $20,000 (Audit; Talent Management & Compensation) | Other committee chairs: $15,000 |
| Independent Board Chair retainer | $150,000 | Paid to Independent Chair in addition to base retainer |
| Proration | Pro-rated for mid-year appointment/election or chair changes | Applies to newly elected directors |
| Meeting fees | Not disclosed (no per-meeting fees in program summary) | Director fees structure outlined via retainers |
Performance Compensation (Director Equity Program)
| Equity Award Type | Grant Value | Vesting/Settlement | Notes |
|---|---|---|---|
| Annual equity award | $210,000 grant date value | Director election of DSUs (settle at separation), or RSUs (vest fully at next annual meeting or one-year from grant) | Options eliminated as director comp component as of May 2023 |
| Award limit (equity + cash) | ≤ $750,000 per calendar year | Per 2021 Equity Incentive Plan |
Other Directorships & Interlocks
| Company/Organization | Role | Public Company? | Potential Interlock/Conflict | Disclosure Status |
|---|---|---|---|---|
| AIG (NYSE: AIG) | Advisor | Yes | Advisory relationship with a major insurer; Board deemed Purtill independent; no related-party transactions with AIG disclosed in proxy | No related-party transaction reported |
| Public company boards (current) | None disclosed | — | — | None listed in proxy biography |
Verisk disclosed related-party service relationships for other directors (Vantage Group fees; Broadridge services); no transactions were disclosed involving AIG or Ms. Purtill .
Expertise & Qualifications
- 35+ years in insurance/financial services, spanning corporate finance, capital markets/treasury, financial reporting, communications, risk leadership, and investment allocation, including CFO, CRO and CIO roles at AIG/Corebridge .
- Investor relations and corporate finance leadership at Hartford, Assured Guaranty, and Chubb; earlier sell-side analyst and banking/capital markets roles in the insurance sector .
- Governance/non-profit leadership via UVA Center for Politics (Chair) and UVA College Foundation (Audit; Finance & Investment committees) .
Equity Ownership
| Metric | Value |
|---|---|
| Beneficial ownership (as of Feb 21, 2025) | — (no shares reported) |
| Stock ownership guideline (directors) | Hold stock equal to 6x annual base retainer; options’ in-the-money value excluded; compliance within 6 years for new directors |
| Hedging/pledging | Prohibited for directors and employees |
Compensation Committee Analysis (Context for Board Governance)
- Committee independence: Talent Management & Compensation (TMC) comprised solely of independent directors; uses an independent consultant (FW Cook) .
- Program design: STI metrics (Revenue 40%; Adjusted EBITDA 40%; individual 20%) with 50%/100%/150% threshold/target/maximum; LTI mix 40% Relative TSR PSUs, 20% ROIC PSUs, 20% stock options, 20% restricted stock; ROIC metric moved to 3-year average absolute ROIC for 2025 PSUs to improve transparency/capital allocation discipline .
- Risk oversight: Dedicated Risk Committee formed in early 2024, 100% independent membership; Board-wide risk oversight across committees .
- Shareholder alignment signals: 2024 Say-on-Pay approval was 94% .
Governance Assessment
- Strengths: Deep finance, risk and capital allocation expertise directly relevant to Verisk’s insurance analytics business; independence affirmed; strong initial shareholder support at election; robust director ownership guidelines and prohibition on hedging/pledging support alignment .
- Committee alignment: Board was determining her committee placement post-election; given biography, oversight skills appear suitable for Audit/Finance/Risk workstreams, though no assignment was disclosed at proxy time (no speculation) .
- Conflicts/related-party exposure: Advisory role at AIG noted; Verisk’s related-person policy mandates committee review/approval of any related transactions and recusal by interested directors; proxy disclosed no related transactions involving AIG/Purtill, mitigating conflict concerns .
- Attendance/engagement: 2024 attendance ≥75% for all then-seated directors; as a 2025 addition, future attendance will be a watchpoint; governance structure includes majority voting/resignation policy for directors failing to secure a majority .
- RED FLAGS: None disclosed specific to Ms. Purtill (no pledging, hedging, or related-party transactions reported; director options eliminated from program; strong vote support) .
Additional context: Verisk’s governance includes an independent chair, annual election of directors, proxy access, majority voting, independent executive sessions after every board and committee meeting, and robust clawback policy for executives (expanded in Dec 2024) .