NJ TECH CORNER: Verisk Analytics
Photo: Scott Stephenson, chairman, president and CEO, Verisk Photo Credit: Courtesy Verisk
Scott Stephenson, chairman, president and CEO, Verisk | Courtesy Verisk

Company Overview

Verisk Analytics Inc. (NASDAQ: VRSK) is a data analytics provider serving the insurance, natural resources and financial services sectors in the U.S. and elsewhere around the world. Customers include all of the top 100 property and casualty insurance providers in the U.S for the line of services Verisk offers, 28 of the top 30 credit card issuers in North America, UK and Australia, as well as eight  of the top 10 global energy providers and the world. The company also serves a wide range of companies, governments and institutions across the energy, and metals and mining value chains. Founded in 1971, the company has its headquarters in Jersey City, New Jersey and principal offices in New York, Massachusetts, Texas and Utah. As of Dec. 31, 2016, the company employed more than 6,300 workers.

Investment & Financial Information

Shares of common stock outstanding (as of March 20, 2017):

166,375,962

Share price of stock (as of June 23, 2017)

 $82.36

Share price of stock (one year ago)

 $79.01

Current valuation (as of June 23, 2017)

$13.703 billion

Valuation one year ago

 $13.260 billion

Stock Symbol:

NASDAQ: VRSK

Revenues from continuing

operations(12/31/16)

$1.995 billion

Revenues from continuing operations (previous year)

$1.761 billion

Net Income (12/31/16)

9999/309/30/162015vvvvmontmonths ended)

$591.2 million

Net Income (previous year)

$507.6 million

Management Team

Name

Age

Title

Scott G. Stephenson

59

Chairman, President and CEO

Eva  F. Huston

46

CFO, Senior Vice President

Mark V. Anquillare

51

  COO, Executive Vice President

Kenneth E. Thompson

57

  Executive Vice President, General Counsel and   Corporate Secretary

Vincent de P. McCarthy

52

  Senior Vice President, Corporate Development and Strategy

Nana Banerjee

47

  Group President

Board of Directors

Name

Age

Title

Frank J. Coyne

68

Former Chairman, President and CEO, Verisk Analytics; Director, Strategic CAT Holdings; Member, Board of Trustees of Underwriting Laboratories

Christopher M. Foskett

59

Member of First Data Corp.’s Management Committee and oversees its Corporate and Business Development

David B. Wright

67

Managing Partner, Innovative Capital Ventures, Inc.

Annell R. Bay

61

Former Vice President, Marathon Oil Corp.; Member of advisory boards for the Jackson School of Geology at the University of Texas, the American Association of Petroleum Geology,and the  Houston Education Center for the Independent  Petroleum Association of America; Director, Apache Corp. and Hunting PLC.

J. Hyatt Brown

79

Chairman, Brown & Brown, Inc.; Trustee, Stetson University; Director, International Speedway Corp; Former Member and Speaker of the Florida House of Representatives

Samuel G. Liss

60

Principal, WhiteGate Partners LLC; Adjunct Professor of Finance, NYU Stern School of Business

Therese M. Vaughan

60

Dean of Drake College of Business; former CEO of National Association of Insurance Commissioners; Director of Validus Holdings, Ltd., and Wellmark Blue Cross & Blue Shield

Bruce Hansen

57

Former Chairman and CEO of ID Analytics; Former President of HNC Software, Inc.; Director of Performant Financial Corp., MITEK Systems Inc. and Zyme Solutions; Member of National Association of Corporate Directors

Kathleen A. Hogenson

56

CEO and President of Zone Oil & Gas LLC and former CEO and President of Zone Energy, LLC

John F. Lehman

74

Chairman of J.F. Lehman & Co.; Director, EnerSys, Inc.; Former U.S. Secretary of the Navy

Andrew G. Mills

64

Executive Chairman and President of Archegos Capital Management; Co-Chairman of Grace & Mercy Foundation; Director of Camp of the Woods; Member of the Massachusetts State Board of the Salvation Army; Co-Chairman of the Theology of Work Project

Constantine P. Iordanou

67

President and CEO, Director of Arch Capital Group Limited

Scott G. Stephenson

59

Chairman, CEO and President of Verisk Analytics

 Noteworthy Control

Name

Shares of common stock owned

% of total common shares

The Vanguard Group

14,249,351

8.5%

  BlackRock, Inc.

9,346,539

5.6%

  GreatBanc Trust Co.

8,747,138

5.2%

[All information for NJ Tech Corner was taken from the company's annual reports and proxy statements and other company sources, with the exception of the company's stock price and valuation.]

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