Archive:Verisk Analytics: Difference between revisions

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The company's [[Insurance Services Office]] (ISO) subsidiary was created in 1971 through the consolidation of various [[Property insurance|property/casualty insurance]] bureaus.<ref name=AR />
The company's [[Insurance Services Office]] (ISO) subsidiary was created in 1971 through the consolidation of various [[Property insurance|property/casualty insurance]] bureaus.<ref name=AR />


In 2004, it entered the healthcare market by acquiring several businesses, through which it offers analytical and reporting systems for health insurers, provider organizations, and self-insured employers. Verisk later sold its healthcare services business to Veritas Capital in 2016.<ref>{{Cite web |title=Verisk Analytics signs definitive agreement to sell its healthcare services business to Veritas Capital for $820 mln |url=https://www.reuters.com/article/business/verisk-analytics-signs-definitive-agreement-to-sell-its-healthcare-services-busi-idUSFWN17S0XG/ |access-date=2025-12-28 |website=[[Reuters]]}}</ref> In 2006, the company expanded in the insurance claims sector with the acquisition of Xactware, a provider of estimating software for building repair and construction.<ref>Staff. [http://www.insurancejournal.com/news/national/2006/08/14/71425.htm "ISO Acquires Xactware"], ''Insurance Journal'', August 14, 2006. Accessed September 2, 2013. "ISO has acquired the assets of Xactware, Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries."</ref>
In 2009, Verisk completed its IPO and became a publicly traded company.<ref>via ''[[Dow Jones Newswires]]'' [https://online.wsj.com/article/BT-CO-20091006-713810.html "Verisk Analytics' 85.25M-Share IPO Priced At $22 Each"], ''[[The Wall Street Journal]]'', October 6, 2009. Accessed October 8, 2009.</ref>
 
In 2008, Verisk Analytics was established to serve as the parent holding company of ISO. In 2009, Verisk completed its IPO and became a publicly traded company.<ref>via ''[[Dow Jones Newswires]]'' [https://online.wsj.com/article/BT-CO-20091006-713810.html "Verisk Analytics' 85.25M-Share IPO Priced At $22 Each"], ''[[The Wall Street Journal]]'', October 6, 2009. Accessed October 8, 2009.</ref>


In 2010, Verisk acquired 3E Company, a provider of services that help customers comply with government-mandated environmental health and safety requirements.<ref name="Reuters2010December7ShankarArchana">{{cite news|last1=Shankar|first1=Archana|last2=Kakkrakandy|first2=Jarshad|title=Verisk to buy privately held 3E for $110 million|url=https://www.reuters.com/article/us-verisk/verisk-to-buy-privately-held-3e-for-110-million-idUSTRE6B633O20101207|access-date=30 July 2015|agency=Thomson Reuters|issue=Deals|publisher=Reuters|date=7 December 2010|location=Bangalore|language=en}}</ref>
In 2010, Verisk acquired 3E Company, a provider of services that help customers comply with government-mandated environmental health and safety requirements.<ref name="Reuters2010December7ShankarArchana">{{cite news|last1=Shankar|first1=Archana|last2=Kakkrakandy|first2=Jarshad|title=Verisk to buy privately held 3E for $110 million|url=https://www.reuters.com/article/us-verisk/verisk-to-buy-privately-held-3e-for-110-million-idUSTRE6B633O20101207|access-date=30 July 2015|agency=Thomson Reuters|issue=Deals|publisher=Reuters|date=7 December 2010|location=Bangalore|language=en}}</ref>