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| ==History== | | ==History== |
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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 /> |
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| 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 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> |
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| 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>
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| In 2012, Verisk acquired Argus & Advisory Services, a provider of competitive benchmarking, analytics, and customized services to financial institutions and regulators in North America, Latin America, and Europe.<ref name="BloombergBusinessweek2012August8BuhayarNoah">{{cite news|last1=Buhayar|first1=Noah|last2=Norton|first2=Steven|title=Verisk Says Build It Once, Sell It Many Times After Deal|url=https://www.bloomberg.com/news/articles/2012-08-08/verisk-says-build-it-once-sell-it-many-times-after-deal|access-date=30 July 2015|agency=Bloomberg L.P.|issue=Deals|publisher=Bloomberg Businessweek|date=8 August 2012|location=United States|language=en}}</ref> Also in 2012, Verisk acquired Aspect Loss Prevention, a loss prevention software developer for retail, entertainment, and food industries;<ref>Staff. [https://finance.yahoo.com/news/verisk-analytics-acquires-aspect-loss-140216970.html "Verisk Analytics acquires Aspect Loss Prevention for $8M"], [[Yahoo! Finance]], June 15, 2012. Accessed July 30, 2015.</ref> and MediConnect Global, Inc., which develops software for medical records aggregation and analysis.<ref name="MarketWatch2012March24FitzgeraldDrew">{{cite news|last1=Fitzgerald|first1=Drew|title=Verisk Analytics to buy MediConnect for $348.6M|url=https://www.marketwatch.com/story/verisk-analytics-to-buy-mediconnect-for-3486m-2012-03-24|access-date=30 July 2015|agency=Dow Jones & Company Inc|issue=Stocks|publisher=MarketWatch|date=24 March 2012|location=United States|language=en}}</ref>
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| In 2014, Verisk acquired [[Maplecroft]], a provider of global risk analytics and advisory services,<ref name="BloombergBusinessweek2014December8CaoJing">{{cite news|last1=Cao|first1=Jing|title=Verisk Buys U.K.'s Maplecroft for Geopolitical Risk Analytics|url=https://www.bloomberg.com/news/articles/2014-12-08/verisk-buys-u-k-s-maplecroft-for-geopolitical-risk-analytics|access-date=30 July 2015|agency=Bloomberg L.P.|publisher=Bloomberg Businessweek|date=8 December 2014|location=United States|language=en}}</ref> and Dart, a provider of benchmarking financial services for companies operating in Australia, New Zealand, and other Asia-Pacific markets.<ref>{{Cite web|url=https://www.sec.gov/Archives/edgar/data/1442145/000144214516000057/vrsk10k12312015.htm|title=Verisk Analytics FORM 10-K for End of 2015 Fiscal Year|website=SEC|access-date=2020-04-26}}</ref> Then in 2015, Verisk acquired [[Wood Mackenzie]], a data analytics and commercial intelligence company for energy, chemicals, metals, and mining industries, in a deal valued at $2.8 billion.<ref>Kent, Sarah. [https://www.wsj.com/articles/verisk-analytics-to-buy-wood-mackenzie-for-2-8-billion-1425981462 "Verisk Analytics to Buy Wood Mackenzie for $2.8 Billion; Acquisition of energy consultancy boosts U.S. company’s international exposure"], ''[[The Wall Street Journal]]'', March 10, 2015. Accessed July 30, 2015.</ref>
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| Verisk acquired PowerAdvocate, a provider of data analytics and consulting services for the utilities and oil & gas industries, in 2017 for approximately $280 million.<ref>Zacks Equity Research. [https://www.nasdaq.com/article/verisk-buys-poweradvocate-to-boost-energy-sector-presence-cm885341 "Verisk Buys PowerAdvocate to Boost Energy Sector Presence"], ''[[Nasdaq]]'', December 01, 2017.</ref> In August 2017, Verisk acquired Sequel, an insurance and [[reinsurance]] software specialist based in London.<ref>{{Cite web |last=Evans |first=Steve |date=2017-08-21 |title=Verisk acquires re/insurance software specialist Sequel - Reinsurance News |url=http://www.reinsurancene.ws/verisk-acquires-reinsurance-software-specialist-sequel/ |access-date=2025-12-28 |website=ReinsuranceNe.ws |language=en}}</ref> Verisk also currently owns and operates Atmospheric and Environmental Research (AER), a research agency headquartered in [[Lexington, Massachusetts]].<ref>[http://www.verisk.com/insurance/products/atmospheric-and-environmental-research.html "Atmospheric and Environmental Research"] {{Webarchive|url=https://web.archive.org/web/20170818012742/http://www.verisk.com/insurance/products/atmospheric-and-environmental-research.html |date=2017-08-18 }}, ''Verisk Analytics''. Accessed August 17, 2017.</ref> AER conducts environmental studies with a focus on weather and climate research in order to provide risk assessment and analysis for various clients such as [[National Oceanic and Atmospheric Administration|NOAA]], [[National Aeronautics and Space Administration|NASA]], and the [[United States Armed Forces]].<ref>[http://www.aer.com/about-us "About Us"], Atmospheric and Environmental Research. Accessed August 17, 2017.</ref>
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| In 2020, Verisk acquired Jornaya,<ref>{{Cite web |title=Verisk to Acquire Behavioral Data and Intelligence Vendor Jornaya |url=https://iireporter.com/verisk-to-acquire-behavioral-data-and-intelligence-vendor-jornaya/ |access-date=2025-12-28 |website=Insurance Innovation Reporter }}</ref> a consumer behavioral data provider, Infutor,<ref>{{Cite web |last=Hercher |first=James |date=2022-02-24 |title=Verisk Buys Infutor For $225 Million To Add Marketing Services To Consumer Data Business |url=https://www.adexchanger.com/ad-exchange-news/verisk-buys-infutor-for-225-million-to-add-marketing-services-to-consumer-data-business/ |access-date=2025-12-28 |website=AdExchanger |language=en-US}}</ref> an identity resolution and consumer data company, and Contact State, a lead generation platform, to form Verisk Marketing Solutions.<ref>{{Cite web |title=Contact State acquired by Verisk |url=https://www.mpamag.com/uk/mortgage-types/residential/contact-state-acquired-by-verisk/390306 |access-date=2025-12-28 |website=MPA Magazine |language=en}}</ref>
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| In November 2021, Verisk acquired Data Driven Safety, a public record data aggregation firm that specializes in driver risk assessment in the United States.<ref>{{Cite web |date=2021-11-03 |title=Verisk Acquires Driver Data Company |url=https://www.insurancejournal.com/news/southeast/2021/11/03/640342.htm |access-date=2025-12-28 |website=Insurance Journal |language=en-US}}</ref>
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| In December 2022, Verisk announced that it had entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform.<ref>Lindner, Linda. [https://www.roi-nj.com/2022/12/27/tech/verisk-to-acquire-sweden-based-insurtech-firm-mavera/ "Verisk to acquire Sweden-based insurtech firm Mavera"], ROI-NJ.com, December 27, 2022. Accessed December 28, 2022. "Verisk said Friday it will acquire Mavera, a Sweden-based insurtech firm with a strong regional presence and established customer base for its personal injury claims management platform."</ref> In the same year, Verisk also acquired Opta, a Canadian provider of property intelligence and innovative technology solutions,<ref>{{Cite web |title=Verisk Acquires Canadian Property Intelligence Provider Opta |url=https://iireporter.com/verisk-acquires-canadian-property-intelligence-provider-opta/ |access-date=2025-12-28 |website=Insurance Innovation Reporter }}</ref> and Pruvan, a provider of field-to-office management solutions for property preservation and construction professionals.<ref>{{Cite web |date=2022-05-18 |title=Verisk Analytics, Inc. acquired Pruvan, Inc. |url=https://www.marketscreener.com/quote/stock/VERISK-ANALYTICS-INC-5628469/news/Verisk-Analytics-Inc-acquired-Pruvan-Inc-40496056/ |access-date=2025-12-28 |website=MarketScreener |language=en-US}}</ref> Verisk also sold its financial services business to TransUnion for $515 million USD and<ref>{{Cite web |title=Verisk to sell financial services business |url=https://www.insurancebusinessmag.com/us/news/technology/verisk-to-sell-financial-services-business-326390.aspx |access-date=2025-12-21 |website=Insurance Business Magazine |language=en}}</ref> sold Wood Mackenzie to [[Veritas Capital]] for $3.1 billion USD in the same year.<ref>{{Cite news |last=Thomas |first=Lauren |date=2022-10-31 |title=Verisk to Sell Energy-Analytics Unit in $3.1 Billion Deal |url=https://www.wsj.com/articles/verisk-nears-deal-to-sell-energy-analytics-unit-11667190317 |access-date=2025-12-21 |work=Wall Street Journal |language=en-US |issn=0099-9660}}</ref><ref>{{Cite news |title=Verisk to sell Wood Mackenzie unit to PE firm for $3.1 bln |url=https://www.reuters.com/markets/commodities/verisk-sell-wood-mackenzie-unit-pe-firm-31-bln-2022-10-31/ |archive-url=https://web.archive.org/web/20221229034209/https://www.reuters.com/markets/commodities/verisk-sell-wood-mackenzie-unit-pe-firm-31-bln-2022-10-31/ |archive-date=2022-12-29 |access-date=2025-12-21 |work=Reuters |language=en-US}}</ref>
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| In 2025, Verisk acquired Nasdaq Risk Modelling for Catastrophes, a [[Software as a service|SaaS]] platform where specialized model partners make their models, hazard data and analytics available to the industry to help assess and address the global insurance protection gap,<ref>{{Cite web |date=2025-04-02 |title=Verisk Buy of Nasdaq Subsidiary Gains Access to Hundreds of Catastrophe Models |url=https://www.insurancejournal.com/news/national/2025/04/02/818050.htm |access-date=2025-12-28 |website=Insurance Journal |language=en-US}}</ref> and SuranceBay, a provider of producer licensing, onboarding, appointment and compliance solutions for the life and annuity industry.<ref>{{Cite web |title=Verisk to Acquire SuranceBay for $162.5 Million |url=https://iireporter.com/verisk-to-acquire-surancebay-for-162-5-million/ |access-date=2025-12-28 |website=Insurance Innovation Reporter }}</ref>
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| ==References== | | ==References== |