Building on a legacy of trust
Data plays a critical role in fueling business and connecting society, but that data must be transparently collected, well-guarded and used responsibly. For more than 50 years, Verisk has been a champion of responsible data analytics, and we remain committed to safeguarding the integrity, confidentiality, and trustworthy use of data.
Building on a legacy of trust
Rigorous commitment to data responsibility
Our commitment to responsible data gathering and analytics is rooted in our core principles.
Safeguarding data
We protect the security and privacy of all types of data we collect with innovative technologies and sophisticated procedures.
Strong internal governance
Rigorous data governance processes include dedicated compliance officers and data governance experts, policies, procedures, standards, ongoing security improvements, employee security and compliance training, and diligent third-party vendor management.
Compliance with rules and regulations
We closely adhere to regulations and requirements enacted by federal, state, and local governments as well as international regulatory bodies.
Transparency and trust
We have a long history of working with insurers and regulators in the P&C insurance industry. We continually strive to earn the trust of our clients and the industry by showing the reliability of our data and our dedication to data stewardship.
Acting responsibly
We’re committed to responsibly collecting, managing and storing data entrusted to Verisk’s custody, care, and control. We have internal data validation processes that check for data accuracy and integrity.
Building resilience with responsible data analytics
Responsible data gathering combined with analytics results in greater resilience for the economy, consumers, and society as a whole. Verisk supports this resilience in several ways.
Assessing climate change
Our catastrophe models are instrumental in helping government and non-governmental organizations understand their community’s loss potential and vulnerability to perils, evaluate risk mitigation strategies, and inform disaster risk financing programs.
Climate risk dataset
We help insurers, corporations, banks, and investors identify exposures to current and future climate risks by assessing how risks can evolve over time across different emissions pathways.
Mitigating unfair outcomes
We help insurers evaluate their underwriting models and variables to mitigate the potential for unfair discriminatory outcomes against certain protected classes, like race, to help support equitable insurance offerings.
Providing wildfire mitigation insights
We partner with the Nation Fire Protection Association (NFPA) to analyze wildfire risk and mitigation data to provide insights that help insurers refine underwriting and support their needs for regulatory compliance resources.
Delivering insights for sustainability
Our database of buildings and their characteristics helps a range of public and private stakeholders in the UK to identify and assess their future energy demands and potential decarbonization pathways.