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About Verisk Analytics. Agenda. Who we are Our approach Our evolution and growth Our customers and brands. Understand Risk. Fraud Detection and Prevention. Data, Analytics, and Decision Support. Who We Are. Focus on Prediction.
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Agenda • Who we are • Our approach • Our evolution and growth • Our customers and brands
Understand Risk Fraud Detection and Prevention Data, Analytics, and Decision Support Who We Are Focus on Prediction Insurance Heritage, recently moved into Healthcare & Mortgage THE SCIENCE OF RISKSM
Risk Assessment Our Approach to the Market Decision Analytics Turnkey Solutions and “COGS” for P&C Insurance Embedded Analytics to Manage Risk Estimate cost to rebuild tornado-damaged homes Our policy language is standardin P&C insurance Identify fraudulent mortgage applications Proprietary engineering data on most Class AU.S. commercial buildings Catastrophe modelspredict hurricane damage monthsbefore landfall Rating of >46,000town / city fire departments Evaluate which 50 people will represent 20% of all claims dollars in10K-person health plan Prediction of loss per risk underwritten
14.5 billion records in commercial and personal lines Over 1,800 insurers provide data Almost 3 billion records submittedeach year 25 years of VIN auto information Detailed information on over 2.8 million commercial properties Risk Assessment Decision Analytics Unique and Valuable Data Assets • Insurance fraud database with about 700 million claims • Used by >93% of the P&C industry • Over 20 million annual claim assignments for property losses • Used by >75% homeowners insurers • Models covering natural hazardsin over 50 countries • Mortgage analytics based on over50 million applications, borrowersand third-parties • Healthcare analytics referencing nearly 20 million insured lives
Our People and Credentials Our Credentials • Highly skilled and disciplined team • More than 550 advanced degrees, including over 100 Ph.D.s • More than 70 Fellows and Associates • Almost 140 CPCUs • More than 45 CIDMs and AIDMs • Nearly 200 Certified Fire Protection Specialists
Our Customers • The Top 100 P&C Insurance Providers • The 10 Largest Global Reinsurers • 5 of the 6 Leading Mortgage Insurers • 14 of the 20 Leading Mortgage Lenders • Numerous Health Plans & TPA’s • Numerous Government Agencies • (DHS, NOAA, NASA, DOD)
Our Brands • Risk Analysis • Healthcare • P & C • Mortgage