Bay Street News

New Verisk Report Analyzes Emerging Risks Facing Property/Casualty Insurers

JERSEY CITY, N.J., November 8, 2018 – Verisk (Nasdaq:VRSK), a leading data analytics provider, released a study today that gives property/casualty insurers unparalleled insight into today’s evolving risk landscape. The report-Insurance Perspectives on Evolving Risks-looks across geographic and disciplinary borders to examine themes ranging from climate- and weather-related events, to the perils and promises of drones, to blockchain technology. The report also examines risks associated with societal trends, such as the commercialization of marijuana and the opioid crisis.

“Anticipating and understanding new risks is essential to warding off threats and identifying new business opportunities,” said Maroun Mourad, president of commercial lines at ISO, a Verisk business. “By analyzing and reporting on these risks, we provide insurers with key insights into emerging issues and how they could affect the industry, both now and in the future.”

The report focuses on risks and trends that could profoundly impact the businesses of insurers and risk managers. The items run the gamut of risk categories, from environmental changes and technological developments to their potential effects on humans and society.

Developed by the ISO Emerging Issues team, the report draws from the expertise and research of several Verisk businesses, including AIR Worldwide, AER, 3E, Wood Mackenzie, Verisk Maplecroft, and Geomni.

To download a copy of the report, visit verisk.com/report. To gain access to in-depth information and current updates on more than 40 emerging risks and trends, subscribe to the ISO Emerging Issues website at verisk.com/ei.

About Verisk 
Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor’s S&P 500® Index. In 2018, Forbes magazine named Verisk to its World’s Best Employers list. For more information, please visit www.verisk.com.

Contact:
Eboni Thomas
Edelman (for Verisk)
212-642-7784
eboni.thomas@edelman.com