Verisk Analytics Inc Achieves Milestone in Risk Assessment and Decision Analytics

Verisk Analytics Inc has completed the California Department of Insurance’s review of its Wildfire Model for insurance ratemaking purposes, marking a significant achievement in the field of risk assessment and decision analytics.

This milestone underscores Verisk’s leadership in modeling and regulatory collaboration, supporting insurance-driven resilience for property owners and communities. The company’s Wildfire Model is designed to provide accurate and reliable data for insurance ratemaking purposes, enabling insurers to make informed decisions and mitigate potential risks.

Key Highlights

• Verisk Analytics Inc is the first company to complete the California Department of Insurance’s review of its Wildfire Model
• The company’s leadership in modeling and regulatory collaboration supports insurance-driven resilience for property owners and communities
• Verisk’s services, including data, statistical, and actuarial services, have been in high demand, leading to a notable increase in the value of investments made in the company over the past three years

Investment Value Increases

The company’s services have been in high demand, leading to a notable increase in the value of investments made in the company over the past three years. This growth is a testament to Verisk’s expertise and leadership in the field of risk assessment and decision analytics.