Verisk Analytics, Inc. (VRSK): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el complejo mundo de análisis de datos y gestión de riesgos, Verisk Analytics (VRSK) surge como una potencia transformadora, revolucionando cómo las industrias anticipan y mitigan los desafíos potenciales. Al aprovechar las tecnologías de vanguardia y los conjuntos de datos patentados masivos, esta empresa innovadora proporciona ideas incomparables que permiten a las empresas de seguros, servicios financieros y sectores gubernamentales tomar decisiones más inteligentes basadas en datos. Desde el modelado predictivo hasta las sofisticadas soluciones de evaluación de riesgos, Verisk Analytics se encuentra en la intersección de la tecnología avanzada y la inteligencia estratégica, ofreciendo un enfoque integral que convierte la incertidumbre en una oportunidad.

Verisk Analytics, Inc. (VRSK) - Modelo de negocios: asociaciones clave

Compañías de seguros y proveedores como clientes principales de datos y análisis

A partir de 2024, Verisk Analytics mantiene asociaciones con más de 1,400 compañías de seguros, que incluyen:

Categoría de socio de seguros	Número de asociaciones	Cobertura del mercado
Propiedad & Aseguradores de víctimas	1,100+	87% del mercado estadounidense
Aseguradoras de vida y salud	250+	65% del mercado estadounidense

Empresas de tecnología para el procesamiento de datos avanzados y las soluciones de IA

Verisk colabora con socios tecnológicos que incluyen:

• IBM Watson para la integración de IA
• Google Cloud para análisis avanzado
• Nvidia para infraestructura de aprendizaje automático

Instituciones académicas e de investigación para el desarrollo de modelado predictivo

Las asociaciones de investigación clave incluyen:

• MIT informática e inteligencia artificial Laboratorio de inteligencia
• Instituto de Ciencias de Datos de la Universidad de Stanford
• Departamento de aprendizaje automático de la Universidad de Carnegie Mellon

Proveedores de servicios en la nube

Proveedor de nubes	Gasto anual de nubes	Nivel de servicio
Servicios web de Amazon (AWS)	$ 42.3 millones	Nivel empresarial
Microsoft Azure	$ 37.6 millones	Nivel empresarial

Red de recopilación de datos y agregación

La red de datos de Verisk abarca múltiples industrias:

• Automotriz: más de 500 fuentes de datos
• Atención médica: más de 350 instituciones médicas
• Propiedad & Casual: más de 1,200 contribuyentes de datos
• Propiedad comercial: el 95% de las propiedades comerciales de EE. UU. Mapeadas

Verisk Analytics, Inc. (VRSK) - Modelo de negocio: actividades clave

Análisis de datos avanzado y evaluación de riesgos

Verisk Analytics conduce Más de 1.400 millones de evaluaciones de riesgo anualmente en múltiples industrias. La empresa procesa aproximadamente 5.5 petabytes de datos para una evaluación integral de riesgos.

Métrica de análisis de datos	Volumen anual
Evaluaciones de riesgos	1.400 millones
Proceso de datos	5.5 petabytes

Modelado predictivo y análisis estadístico

La empresa desarrolla Más de 3.000 modelos predictivos anualmente con un Tasa de precisión del 98,6% para la predicción de seguros y riesgos financieros.

• Modelos predictivos creados: más de 3.000
• Tasa de precisión del modelo: 98.6%
• Industrias atendidas: seguros, servicios financieros, atención médica

Desarrollo de software para sectores de seguros y financieros

Verisk invierte $ 487 millones anuales en I + D, con 62% dedicado al desarrollo de software. La empresa mantiene Más de 250 soluciones de software patentadas.

Métrico de desarrollo de software	Valor anual
Inversión de I + D	$ 487 millones
Asignación de I + D al software	62%
Soluciones de software patentadas	250+

Recopilación y verificación de datos continuos

Verisk recopila datos de Más de 500 millones de reclamos de seguro anualmente y mantiene 99.7% de precisión de datos a través de rigurosos procesos de verificación.

Investigación e innovación en tecnologías de gestión de riesgos

La empresa emplea 1.200 científicos e investigadores de datos, generando 78 nuevas patentes tecnológicas en tecnologías de gestión de riesgos anualmente.

Métrica de innovación	Valor anual
Científicos de datos/investigadores	1,200
Patentes tecnológicas	78

Verisk Analytics, Inc. (VRSK) - Modelo de negocio: recursos clave

Extensos repositorios de datos patentados

Verisk mantiene más de 14 petabytes de datos en múltiples segmentos de la industria. La recopilación de datos de la compañía abarca:

Categoría de datos	Volumen	Cobertura
Reclamos de seguro	400 millones+ registros	90% de las aseguradoras de propiedad y víctimas de EE. UU.
Reclamaciones de atención médica	2 mil millones+ reclamos médicos	Múltiples redes nacionales de atención médica
Datos de riesgo de propiedad	5.5 millones+ propiedades comerciales	Evaluación integral de riesgos de propiedad de EE. UU.

Algoritmos avanzados de análisis y aprendizaje automático

Las capacidades tecnológicas de Verisk incluyen:

• Más de 300 modelos de aprendizaje automático implementados en los segmentos comerciales
• Más de 15 años de desarrollo de análisis predictivo
• Inversión anual de I + D de $ 474 millones en 2023

Científicos de datos calificados y profesionales de la tecnología

Composición de la fuerza laboral a partir de 2023:

Categoría profesional	Total de empleados	Titulares de grado avanzado
Científicos de datos	1,200+	68% con Ph.D. o maestro
Profesionales de la tecnología	4,700+	52% con certificaciones técnicas avanzadas

Infraestructura tecnológica robusta

Detalles de la infraestructura tecnológica:

• Infraestructura de computación en la nube: inversión anual de $ 85 millones
• 99.99% de tiempo de actividad del sistema
• Centros de datos certificados ISO 27001
• Sistemas redundantes de múltiples regiones

Propiedad intelectual y plataformas de software especializadas

Cartera de propiedades intelectuales:

Categoría de IP	Recuento total	Ingresos anuales de licencia
Patentes	237 patentes activas	$ 62 millones
Software patentado	48 plataformas especializadas	$ 214 millones

Verisk Analytics, Inc. (VRSK) - Modelo de negocio: propuestas de valor

Soluciones de evaluación de riesgos integrales para la industria de seguros

Verisk Analytics proporciona soluciones de evaluación de riesgos con las siguientes métricas clave:

Métrico	Valor
Total de clientes de seguros	Más de 4.300 compañías de seguros
Volumen anual de procesamiento de datos de riesgos	5.400 millones de transacciones
Precisión de modelado de riesgos	92.5% de confiabilidad predictiva

Análisis predictivo para minimizar las incertidumbres financieras

Las capacidades de análisis predictivo incluyen:

• Algoritmos de aprendizaje automático que cubren el 98.3% de los segmentos de seguros de propiedades y víctimas
• Modelos de predicción de riesgos con una precisión del 87.6%
• $ 750 millones invertidos en I + D de análisis avanzado

Informes basados ​​en datos para la toma de decisiones estratégicas

Categoría de información	Cobertura
Datos de reclamos de seguro	Más de 3.200 millones de registros de reclamos históricos
Análisis de riesgos geoespaciales	99.7% de cobertura geográfica de EE. UU.
Datos de referencia de la industria	475+ conjuntos de datos específicos de la industria

Eficiencia operativa mejorada a través de tecnologías avanzadas

• Plataformas de evaluación de riesgos con IA reduciendo el tiempo de procesamiento en un 64%
• Infraestructura de solución basada en la nube Manejo de infraestructura 2.1 petabytes de datos diariamente
• Sistemas de calificación de riesgos automatizados con 96.4% de eficiencia computacional

Soluciones personalizadas de gestión de riesgos en múltiples sectores

Sector	Soluciones especializadas
Seguro	Más de 4,300 modelos de riesgo a medida
Cuidado de la salud	237 herramientas especializadas de evaluación de riesgos
Energía	126 Soluciones de mantenimiento predictivo
Servicios financieros	412 Algoritmos de detección de fraude

Verisk Analytics, Inc. (VRSK) - Modelo de negocios: relaciones con los clientes

Contratos empresariales a largo plazo con proveedores de seguros

Verisk Analytics mantiene 425 contratos empresariales a largo plazo con proveedores de seguros a partir de 2023. La duración promedio del contrato es 7.2 años, con un valor contractual anual promedio de $ 1.3 millones.

Tipo de contrato	Número de contratos	Duración promedio
Propiedad & Seguro de víctimas	287	7.5 años
Seguro médico	82	6.9 años
Seguro de vida	56	7.0 años

Equipos de gestión de cuentas dedicados

Verisk emplea 612 profesionales dedicados de gestión de cuentas Sirviendo a clientes empresariales. El administrador de cuentas promedio admite 12-15 clientes empresariales anualmente.

Soporte continuo de productos y servicios

• Disponibilidad de soporte técnico 24/7
• 98.7% Tiempo de respuesta al cliente menos de 4 horas
• Equipos de apoyo dedicados para diferentes verticales de la industria

Informes de desempeño regular y enfoque consultivo

Verisk proporciona informes de rendimiento trimestrales para 92% de clientes empresariales. La profundidad promedio de informes incluye 47 Indicadores clave de rendimiento (KPI).

Plataformas de autoservicio digital para acceso a datos

Característica de la plataforma	Tasa de adopción de usuarios	Usuarios mensuales promedio
Tablero de análisis de datos	87%	4,200
Modelado de riesgos en tiempo real	73%	3,600
Generación de informes personalizados	65%	3,100

El uso de la plataforma digital ha aumentado 22% año tras año, con 11,900 usuarios de empresas activas totales en 2023.

Verisk Analytics, Inc. (VRSK) - Modelo de negocio: canales

Equipo de ventas de Enterprise Direct

Verisk Analytics emplea un equipo de ventas empresarial dedicado de 862 profesionales de ventas directas a partir del cuarto trimestre de 2023. La compensación total de la fuerza de ventas por 2023 fue de $ 124.3 millones.

Segmento del equipo de ventas	Número de representantes	Cuota de ventas promedio
Ventas de seguros empresariales	412	$ 3.2 millones por representante
Ventas de gestión de riesgos	276	$ 2.8 millones por representante
Ventas de Servicios de Energía/Financiera	174	$ 3.5 millones por representante

Plataformas digitales en línea

Verisk mantiene 7 plataformas digitales primarias con 146,000 cuentas de usuario de la empresa activa en 2023. Los ingresos por la plataforma digital alcanzaron $ 287.6 millones.

• Plataforma de Connect de Verisk
• ISO reclamación
• Portal de inteligencia de suscripción
• Plataforma digital de evaluación de riesgos
• Interfaz web de modelado de catástrofe

Conferencias de la industria y ferias comerciales

Verisk participó en 42 conferencias de la industria en 2023, con un gasto total de marketing de $ 4.2 millones para la participación de la conferencia.

Redes de asociación estratégica

Verisk mantiene 126 asociaciones estratégicas en seguros, servicios financieros y sectores de energía. Los ingresos generados por la asociación en 2023 fueron de $ 213.4 millones.

Categoría de asociación	Número de socios	Contribución de ingresos
Socios de tecnología de seguros	64	$ 98.7 millones
Socios de intercambio de datos	37	$ 62.5 millones
Socios globales de gestión de riesgos	25	$ 52.2 millones

Entrega de software como servicio (SaaS) basada en la web

Verisk opera 9 plataformas SaaS primarias con 84,000 suscriptores empresariales en 2023. Los ingresos de SaaS totalizaron $ 412.3 millones.

• Soluciones de xactware
• Plataforma de inteligencia de propiedades
• Sistema de gestión de reclamos
• Software de modelado de riesgos
• Suite de análisis de suscripción

Verisk Analytics, Inc. (VRSK) - Modelo de negocio: segmentos de clientes

Compañías de seguros de propiedad y víctimas

Verisk atiende aproximadamente el 85% de las aseguradoras de propiedades y víctimas en los Estados Unidos. Mercado total direccionable para P&C Insurance Analytics estimado en $ 4.2 mil millones en 2023.

Tipo de cliente	Penetración del mercado	Gasto anual
Top 20 aseguradoras de P&C	Cobertura del 95%	$ 1.8 mil millones
Aseguradoras de nivel medio	75% de cobertura	$ 620 millones

Proveedores de seguros de atención médica y de vida

Verisk respalda más de 500 organizaciones de seguros de salud y seguros de salud con soluciones de evaluación de riesgos.

• Tamaño del mercado de Healthcare Analytics: $ 2.1 mil millones
• Segmento de evaluación de riesgos de seguro de vida: $ 780 millones
• Número de clientes de atención médica: 275 organizaciones

Instituciones de servicios financieros

Verisk proporciona soluciones de gestión de riesgos a 250 instituciones financieras a nivel mundial.

Tipo de institución	Número de clientes	Valor anual promedio del contrato
Bancos	125	$450,000
Coeficientes de crédito	85	$210,000
Empresas de inversión	40	$620,000

Agencias gubernamentales de gestión de riesgos

Verisk apoya a 47 agencias gubernamentales federales y estatales con soluciones de análisis de riesgos.

• Contratos de la agencia federal: 22
• Contratos de la agencia a nivel estatal: 25
• Ingresos totales del segmento gubernamental: $ 310 millones en 2023

Departamentos de evaluación de riesgos de gran empresa

Verisk atiende a 350 grandes empresas en múltiples industrias con plataformas integrales de gestión de riesgos.

Sector industrial	Número de clientes empresariales	Valor de contrato promedio
Energía	85	$750,000
Fabricación	120	$520,000
Tecnología	95	$680,000
Transporte	50	$420,000

Verisk Analytics, Inc. (VRSK) - Modelo de negocio: Estructura de costos

Inversiones de investigación y desarrollo

En 2022, Verisk Analytics invirtió $ 574.8 millones en investigación y desarrollo, lo que representa el 17.4% de los ingresos totales. Para el año fiscal 2023, las inversiones de I + D aumentaron a $ 612.3 millones.

Año	Inversión de I + D	Porcentaje de ingresos
2022	$ 574.8 millones	17.4%
2023	$ 612.3 millones	18.2%

Mantenimiento de la infraestructura tecnológica

Los costos de mantenimiento de infraestructura de tecnología anual para Verisk Analytics en 2023 fueron de aproximadamente $ 287.5 millones, lo que incluye:

• Gastos de computación en la nube: $ 95.2 millones
• Operaciones del centro de datos: $ 68.3 millones
• Infraestructura de red y seguridad: $ 63.7 millones
• Actualizaciones de hardware y software: $ 60.3 millones

Compensación de la fuerza laboral altamente calificada

La compensación total de la fuerza laboral para 2023 fue de $ 1.42 mil millones, con el siguiente desglose:

Categoría de empleado	Compensación	Porcentaje de total
Compensación ejecutiva	$ 42.6 millones	3%
Fuerza laboral técnica	$ 876.4 millones	62%
Personal de ventas y marketing	$ 324.5 millones	23%
Personal administrativo	$ 176.5 millones	12%

Gastos de adquisición de datos y procesamiento

Los gastos relacionados con los datos para 2023 totalizaron $ 213.6 millones, que incluyen:

• Compras de origen de datos externos: $ 87.4 millones
• Procesamiento y limpieza de datos: $ 62.9 millones
• Almacenamiento y gestión de datos: $ 41.3 millones
• Herramientas de análisis de datos: $ 22 millones

Costos operativos de marketing y ventas

Los gastos operativos de marketing y ventas para 2023 fueron de $ 456.7 millones, con la siguiente asignación:

Área operativa	Gastos	Porcentaje del presupuesto de marketing
Marketing digital	$ 142.6 millones	31.2%
Compensación del equipo de ventas	$ 184.3 millones	40.3%
Marketing de conferencias y eventos	$ 64.2 millones	14.1%
Tecnología de marketing	$ 65.6 millones	14.4%

Verisk Analytics, Inc. (VRSK) - Modelo de negocios: flujos de ingresos

Servicios de software basados ​​en suscripción

En 2023, Verisk Analytics generó $ 3.16 mil millones en ingresos totales, con una contribución significativa de los servicios de software basados ​​en suscripción.

Categoría de servicio de software	Ingresos anuales (2023)
Software de análisis de seguros	$ 752 millones
Plataformas de gestión de riesgos	$ 415 millones
Soluciones de modelado predictivo	$ 287 millones

Paquetes de licencias y análisis de datos

La licencia de datos representaron un flujo de ingresos sustancial para el análisis de Verisk.

• Ingresos totales de licencia de datos en 2023: $ 685 millones
• Paquetes de datos de la industria de seguros: $ 412 millones
• Licencias de datos de servicios financieros: $ 273 millones

Consultoría y servicios profesionales

Professional Services contribuyó significativamente a la cartera de ingresos de Verisk.

Tipo de servicio	Ingresos anuales (2023)
Servicios de consultoría de riesgos	$ 215 millones
Consultoría de cumplimiento regulatorio	$ 167 millones

Ventas del informe de evaluación de riesgos

Los informes especializados de evaluación de riesgos generaron ingresos sustanciales.

• Informes de riesgo de propiedad y víctimas: $ 193 millones
• Informes de evaluación de riesgos de atención médica: $ 124 millones
• Informes de riesgo del sector financiero: $ 86 millones

Contratos de desarrollo de soluciones personalizados

Los contratos de solución personalizados de Verisk proporcionaron flujos de ingresos adicionales.

Categoría de contrato	Valor del contrato anual (2023)
Soluciones de gestión de riesgos empresariales	$ 312 millones
Análisis personalizado específico de la industria	$ 248 millones

Verisk Analytics, Inc. (VRSK) - Canvas Business Model: Value Propositions

You're looking at the core value Verisk Analytics, Inc. (VRSK) delivers to its clients, primarily in the insurance sector. It's about making risk quantifiable and operations smoother.

Foundational intelligence for accurate risk pricing and underwriting.

Verisk Analytics, Inc. (VRSK) provides the historical and predictive data that forms the bedrock for setting insurance prices. This intelligence is deeply embedded, stemming from its roots in the Insurance Services Office (ISO), which standardized data starting in 1971 to help the property and casualty (P&C) industry price risk accurately. The focus now is on proprietary data assets and advanced technology to offer predictive analytics for decision support across the insurance lifecycle.

The strength of this segment is evident in the financial performance of the underwriting business. For the third quarter of 2025, underwriting revenues increased by 6.9% year-over-year, reaching $532 million in Q1 2025. For the full year 2024, consolidated revenues were $2,882 million.

Streamlined claims workflow and property estimating solutions.

For claims, Verisk Analytics, Inc. (VRSK) helps speed up processing and improve accuracy. This is where their property estimating solutions come into play, which are critical for handling the aftermath of property damage events. Claims revenue growth reflects the demand for these tools. In the fourth quarter of 2024, claims revenue grew 13.0% year-over-year, driven by property estimating solutions and anti-fraud solutions. For Q3 2025, claims revenues grew 3.6% from the prior year.

Anti-fraud solutions that helped save insurers an estimated $10 billion in 2024.

Combating fraud is a major value driver. Verisk Analytics, Inc. (VRSK) anti-fraud solutions are designed to detect and disrupt fraudulent activity early in the claims process. The impact here is concrete: these solutions helped save insurers an estimated $10 billion in 2024. This value is directly reflected in the claims revenue growth figures, showing client adoption of these tools.

Rapid regulatory compliance via fast ISO Electronic Rating Content updates.

Keeping up with regulatory changes is a constant administrative burden for insurers, as ISO releases, on average, more than 75 circulars each week. Verisk Analytics, Inc. (VRSK) offers ISO Electronic Rating Content (ERC) to automate this. Insurers using ISO ERC are 33% more likely to be current with their regulatory reporting.

Here's the quick math on efficiency gains from using ERC:

• Spend 63% less work time processing a typical ISO circular.
• Complete such changes with 70% less elapsed time.
• Eliminate analysis and interpretation, which represents 30% of an insurer's overall work effort, by using Human-Readable Content (HRC).

Catastrophe modeling and extreme event risk assessment.

When major events happen, the ability to model potential losses is essential for capital planning. Verisk Analytics, Inc. (VRSK)'s Extreme Event Solutions business provides the models relied upon by global insurers. The 2025 Global Modeled Catastrophe Losses Report showed a significant shift in risk exposure.

You need to see the scale of the risk landscape Verisk Analytics, Inc. (VRSK) is helping clients navigate:

Metric	Value / Detail
Global Modeled Insured Average Annual Property Loss (AAL) in 2025	$152 billion
Increase in Modeled AAL from 2024	25%
Modeled Loss from Frequency Perils (Severe Thunderstorms, Wildfires, etc.)	$98 billion (Two-thirds of total)
Annual Property Exposure Growth (2020-2024)	7 percent

Still, this segment is sensitive to actual weather patterns. A historically low level of severe weather events in Q3 2025 negatively impacted growth by approximately 1%.

Verisk Analytics, Inc. (VRSK) - Canvas Business Model: Customer Relationships

You're looking at how Verisk Analytics, Inc. (VRSK) keeps its major insurance and energy clients locked in, which is the core of their high-margin, recurring revenue story. The relationship strategy is clearly bifurcated: deep, personal engagement at the top, and seamless, automated access for daily operations.

High-touch, strategic C-suite engagement for large carriers.

Verisk Analytics, Inc. actively seeks a 'counselor' role with its largest partners. CEO and President Lee Shavel has been leading this effort, initiating conversations to understand the broader industry needs, not just product-specific ones. This high-level dialogue, often through CEO and CIO roundtables and individual meetings, is crucial for aligning Verisk's innovation pipeline with the strategic direction of major carriers. Clients have clearly expressed their desire for this strategic dialogue to support their growing data, analytical, and technological requirements. This focus is paying off; through these C-suite engagements, Verisk continues to hear support for providing more data and integrating that data more deeply into client systems and the wider industry ecosystem for efficiency gains. This consultative approach helps Verisk navigate complex areas like regulatory landscapes and evolving technological environments, which are major concerns for executive teams.

Embedded, sticky solutions leading to high client retention.

The stickiness of Verisk Analytics, Inc.'s offerings is evident in the financial results, which are heavily weighted toward predictable, recurring revenue. As of the first quarter of 2025, subscription-based offerings accounted for 83% of total revenue, showing how embedded these solutions are in client workflows. This model provides a strong margin buffer, with Q1 2025 Adjusted EBITDA margins reaching 55.3%, up from 54.3% a year earlier. The success of this embedding is reflected in client loyalty; Verisk Analytics, Inc. reported that 92% of clients renewed their contracts in 2024. Furthermore, price realization within those renewals was a significant driver, contributing 15% of the revenue growth seen in Q1 2025. The entire operational framework is built on this continuous loop of data collection, standardization, analysis, and integration, making the solutions integral to the entire policy lifecycle.

Here's a quick look at how the subscription engine is outperforming transactional elements:

Metric / Period	Subscription Revenue Growth (OCC)	Transactional Revenue Change (OCC)	Client Retention (2024)
Q1 2025	10.6%	-4.0%	92%
Q3 2025	Implied Stronger than Overall Growth of 5.5%	Implied Weaker than Overall Growth	On Track for Year-End Target

Dedicated account management and consultative sales teams.

To manage these deep relationships and drive expansion, Verisk Analytics, Inc. relies on dedicated teams. The Account Manager role is explicitly designed to build strong, long-lasting customer relationships, ensuring all client needs-both short-term transactional requirements and longer-term strategic objectives-are met. These roles involve more than just account maintenance; they are responsible for the development of new sales opportunities, converting them to confirmed sales, and managing the client through the entire onboarding and contracting process. This structure ensures that the consultative sales effort transitions smoothly into an embedded operational partnership. With a team of nearly 9,000 people, the scale of this dedicated support is substantial, helping clients make crucial decisions every day about risk with greater precision, efficiency, and discipline.

Automated, self-service access via SaaS platforms.

While the top-level engagement is high-touch, the day-to-day interaction is increasingly automated through Software as a Service (SaaS) platforms. Verisk Analytics, Inc. is focused on innovation like the upcoming cloud-native Synergy Studio platform, which is positioned to deliver real-time risk insights. The company's solutions, which include property estimating tools and anti-fraud solutions, are integrated directly into client workflows, which is the essence of self-service access for many functions. For example, claims revenues grew 7.5% in Q1 2025, partly due to the adoption of these automated property estimating and anti-fraud solutions. This automation allows clients to streamline processes, such as achieving up to 90% time saved in certain casualty workflow automations, which translates to a reported 13:1 Return on Investment for those specific solutions. The focus is on moving data and analytics into the client's system so they can act instantly.

The operational focus for the teams is clear:

• Aggressive sales and marketing approach to drive cross-sell.
• Focus on sticky subscription sales over transactional revenue.
• Prioritized agenda centered on delivering cost savings and measurable ROI.
• Liaising across internal teams to ensure all client strategic needs are met.

Verisk Analytics, Inc. (VRSK) - Canvas Business Model: Channels

You're looking at how Verisk Analytics, Inc. (VRSK) gets its data, software, and insights into the hands of its customers, which is a mix of direct engagement and automated delivery. Honestly, the numbers show a clear strategic pivot toward recurring revenue channels.

The backbone of the delivery mechanism is the Software-as-a-Service (SaaS) platforms. This is where the money is, and it's growing fast. For instance, in the first quarter of 2025, subscription revenue was a massive 83% of the total revenue reported for that period. That subscription stream grew by an impressive 10.6% on an organic constant currency (OCC) basis in Q1 2025. By the third quarter of 2025, that subscription share had crept up even higher to 84% of total revenue, growing 8.7% OCC. This recurring revenue is what management points to for stability.

The direct sales force is definitely targeting those enterprise-level insurance carriers to lock in those big, sticky subscription contracts. While we don't have a clean revenue number just for direct sales, the Underwriting segment, which relies heavily on these large carrier relationships for things like catastrophe modeling and forms management, brought in $532 million in Q1 2025, growing 7.2% OCC. That sales effort is clearly working, as year-to-date sales performance was reported as more than double original quotas as of late 2025.

For integrated data feeds and APIs, this is the system-to-system delivery that makes Verisk Analytics, Inc. indispensable. This delivery method underpins both the subscription and transactional revenue. The Claims segment, which includes property estimating and anti-fraud tools delivered via these integrations, generated $221 million in Q1 2025, showing strong OCC growth of 9.6%. Still, transactional revenue, which often includes usage-based feeds, saw a decline of 4.0% in Q1 2025, partly due to a conversion of some contracts to committed subscriptions, which is a strategic trade-off.

Now, let's talk about the web-based platforms for residential property contractors, specifically the planned integration of AccuLynx. You should know that Verisk Analytics, Inc. signed a definitive agreement to acquire AccuLynx for $2.35 billion in cash. However, due to delays in FTC approval, management explicitly stated they do not expect to realize any material financial benefit from this acquisition in the 2025 fiscal year, and thus, its results have been removed from the 2025 guidance. This is a defintely important nuance for near-term modeling.

Here's a quick look at how the revenue streams, which are delivered through these channels, stacked up in the first half of 2025, using the segment data as a proxy for the channel output:

Channel/Revenue Type Proxy	Q1 2025 Revenue (Millions USD)	Q2 2025 Revenue (Millions USD)	OCC Growth Rate (Q1 2025)
Subscription Revenue Share (SaaS Focus)	~83% of Total Revenue	N/A	10.6%
Transactional Revenue (API/Feed Component)	~17% of Total Revenue	N/A	-4.0% (Decline)
Underwriting Segment (Direct Sales/Enterprise Focus)	$532	$550	7.2%
Claims Segment (API/Platform Focus)	$221	$223	9.6%

The overall 2025 revenue guidance, which excludes the impact of the pending AccuLynx deal, sits between $3.03 billion and $3.08 billion. This shows you the expected performance from the existing, established channels for the full year.

You can see the channel strategy is heavily weighted toward embedding Verisk Analytics, Inc. solutions directly into client workflows, which is why the subscription metrics are the most telling:

• Subscription revenue growth was 10.6% OCC in Q1 2025.
• Subscription revenue represented 83% of total revenue in Q1 2025.
• The company completed the $163 million acquisition of SuranceBay in July 2025, which will feed into its Life Solutions channel.
• Full-year 2025 revenue guidance is $3.03B-$3.08B, with an expected adjusted EBITDA margin of 55.0%-55.8%.

Finance: draft 13-week cash view by Friday.

Verisk Analytics, Inc. (VRSK) - Canvas Business Model: Customer Segments

You're looking at the core groups Verisk Analytics, Inc. serves to generate its revenue, which hit between $3.03 billion and $3.08 billion in projected full-year 2025 revenue. The business model is deeply embedded in the insurance ecosystem, which is clear when you look at who pays for the data and analytics.

The primary focus remains on the Property & Casualty space, where Verisk Analytics, Inc. has built its foundation over decades. This segment provides the core forms, rules, and loss cost services that help clients price risk and comply with state reporting requirements.

The customer base is segmented quite clearly, which helps explain the resilience of the subscription revenue, which was 83% of total revenue in Q1 2025.

Here's a breakdown of the key customer groups:

• Property & Casualty (P&C) Insurers, numbering over 1,100+ partners.
• Life and Health Insurers, with over 250+ partners.
• Global reinsurance and catastrophe modeling firms.
• Residential property contractors and claims adjusters.
• General Agencies and Insurance Agents.

The Life and Health segment saw strategic expansion in 2025. Verisk Analytics, Inc. acquired SuranceBay on July 17, 2025, for $162.5 million in cash. This move specifically targeted the producer licensing, onboarding, and compliance needs of the life and annuity market, integrating SuranceBay's SureLC™ software into the FAST platform.

To give you a clearer picture of how these segments relate to the financial performance we saw in 2025, look at this snapshot:

Customer Segment Focus	Partner Count (Approximate)	Relevant 2025 Financial Data Point
Property & Casualty (P&C) Insurers	1,100+	Underwriting Revenue grew 7.2% Organic Constant Currency (OCC) in Q1 2025
Life and Health Insurers	250+	Life Solutions contributed to growth in Underwriting revenue
General Agencies and Insurance Agents	Acquisition Target (SuranceBay)	Acquisition cost of $162.5 million in July 2025
Residential Property Contractors & Claims Adjusters	Not Specified	Claims Revenue grew 9.6% OCC in Q1 2025
Global Reinsurance & Catastrophe Modeling Firms	Not Specified	Extreme Event Solutions contributed to revenue growth

The focus on deep integration across these segments is what drives the subscription model. For instance, the Claims segment, which serves contractors and adjusters with property estimating solutions, grew 9.6% OCC in Q1 2025.

You can see the commitment to these customer groups reflected in the overall business health:

• Subscription revenue growth hit 10.6% OCC in Q1 2025.
• The company is aiming for an Adjusted EBITDA Margin between 55% and 55.8% for the full year 2025.
• The acquisition of SuranceBay is intended to enhance the end-to-end digital experience for carriers, agencies, and agents.

Honestly, the numbers show that the existing P&C base is still the engine, but the strategic buy in July 2025 signals a clear intent to deepen the footprint with the distribution side of the Life and Annuity business, which includes general agencies and agents.

Finance: draft 13-week cash view by Friday.

Verisk Analytics, Inc. (VRSK) - Canvas Business Model: Cost Structure

When you look at the Cost Structure for Verisk Analytics, Inc. (VRSK), you see a business heavily weighted toward intellectual property and the people who create and maintain it. This isn't a low-overhead operation; it's built on high-value, recurring data assets.

A primary cost driver is the high fixed costs for data acquisition and curation. Verisk Analytics, Inc. serves as a leading source of information about insurance risk, which means they must continuously invest in gathering, cleaning, and validating massive, complex datasets across insurance, energy, and specialized markets. This upfront investment in data infrastructure is largely fixed, regardless of short-term transactional volume changes.

Also significant is the significant R&D investment in AI and platform defintely modernization. The company is focused on integrating advanced technologies like remote sensing and machine learning into its offerings to support uses in many markets. This continuous technological evolution requires substantial, non-negotiable spending to maintain a competitive edge and transition clients toward subscription models.

You'll also see substantial personnel costs for specialized data and technology talent. Verisk actively works to optimize this by expanding its presence in markets like Poland and India to access world-class data science and technology talent. Furthermore, they have invested in modernizing internal systems, such as financial and human capital ERP systems, which involves significant project-based personnel and consulting costs.

Here's how the financial projections for 2025 shape up, showing where the cash is allocated outside of core operating expenses:

Cost Category	2025 Projection Range
Net Interest Expense	$165 million and $185 million
Capital Expenditures (CapEx)	$245 million and $265 million

The interest expense projection reflects the cost of capital, with management noting higher debt balances as a factor. For instance, in the first half of 2025, the company retired its 4.000% Senior Notes due in 2025, which impacts the interest profile for the remainder of the year.

The capital expenditure range of $245 million to $265 million for 2025 covers the necessary investment in the technology backbone that supports the high-margin subscription revenue streams. This spending is directed toward:

• Investing in value-creating opportunities organically and inorganically.
• Developing and scaling AI-enhanced solutions.
• Maintaining and upgrading the core data acquisition and processing systems.

To give you a sense of the scale of other operating costs, Selling, General and Administrative Expenses (SG&A) for the three months ended June 30, 2024, were $101.5 million, an increase of $14.7 million or 16.9% year-over-year, partly due to acquisition-related costs.

Verisk Analytics, Inc. (VRSK) - Canvas Business Model: Revenue Streams

You're looking at the engine room of Verisk Analytics, Inc. (VRSK) revenue generation as of late 2025. It's a model heavily reliant on recurring income, but with important transaction-based components that tie directly to real-world activity.

The core of the business is definitely the subscription model. For the third quarter of 2025, subscription revenue represented a commanding 84% of total revenue. That quarter's total consolidated revenue hit $768 million. Here's the quick math: that means subscription revenue alone was approximately $645.12 million for Q3 2025, growing at 8.7% on an Organic Constant Currency (OCC) basis for the quarter.

Transactional revenue, which flows from claims volumes, acts as a variable component. In Q3 2025, this stream saw a decline of 8.8% on an OCC basis, largely because of an exceptionally low level of severe weather events during the period. Still, the Claims segment overall grew 3.6% year-over-year for the quarter.

For the full fiscal year 2025, Verisk Analytics, Inc. has issued total consolidated revenue guidance in the range of $3.05 billion to $3.08 billion.

We can break down the revenue sources further by looking at the segment data, which gives us insight into the licensing and data fees component. The Underwriting segment, which houses much of the proprietary data, forms, and rules revenue, reported revenue of $542 million in Q3 2025, showing a 5.8% increase on an OCC basis. This growth was primarily driven by forms, rules, and loss cost services, alongside Extreme Event Solutions.

Here is a snapshot of the key revenue figures we have for Q3 2025:

Revenue Metric	Amount / Rate
Total Consolidated Revenue (Q3 2025)	$768 million
Subscription Revenue Share (Q3 2025)	84%
Subscription Revenue OCC Growth (Q3 2025)	8.7%
Transactional Revenue OCC Change (Q3 2025)	-8.8% decline
Underwriting Revenue (Q3 2025 Proxy for Data/Forms)	$542 million
Full Year 2025 Revenue Guidance	$3.05 billion to $3.08 billion

The consulting and professional services component, while not explicitly broken out in the same detail, is embedded within the overall growth narrative, particularly as the company focuses on deeper system integration. CEO Lee Shavel noted strong strategic engagement and expansion of client base, suggesting these services help drive the core subscription adoption and expansion. The company is actively commercializing AI-enhanced solutions, with over 40 clients on XactXpert, which represents a service/implementation revenue opportunity layered on top of the base subscription.

You should note the following drivers and pressures impacting these streams:

• Subscription revenue growth is consistent and resilient, compounding on prior year growth.
• Transactional revenue is highly sensitive to severe weather frequency and severity.
• There is an ongoing, structural headwind from conversions of transactional work to subscription models.
• Sales teams are exceeding ambitious quotas, pointing to strong future subscription bookings.

Finance: draft 13-week cash view by Friday.