Verisk Analytics is an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 financial services firm based in Jersey City

Jersey City, New Jersey

Jersey City is the seat of Hudson County, New Jersey, United States.Part of the New York metropolitan area, Jersey City lies between the Hudson River and Upper New York Bay across from Lower Manhattan and the Hackensack River and Newark Bay...

, New Jersey

New Jersey

New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

, that provides information and analytical tools for mortgage and insurance companies, to better help them identify risks and standardize procedures. The company had been privately held until its October 6, 2009, initial public offering

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

, which raised $1.9 billion for several of the large insurance companies that are its primary shareholders, making it the largest IPO in the United States for the year 2009 to date.

The firm did not raise any funds for itself in the IPO, which was designed to provide an opportunity for the firm's casualty and property insurer owners to sell some or all of their holdings and to provide a market price for those retaining their shares. The 2009 IPO, was priced at $22 per share for 85.25 million shares owned by its shareholders, including American International Group

American International Group

American International Group, Inc. or AIG is an American multinational insurance corporation. Its corporate headquarters is located in the American International Building in New York City. The British headquarters office is on Fenchurch Street in London, continental Europe operations are based in...

, The Hartford

The Hartford

The Hartford Financial Services Group, Inc. , usually known as The Hartford, is a Fortune 500 company and one of America’s largest investment and insurance companies...

 and Travelers, making it the largest since the 2008 IPO for Visa Inc. Among the firm's largest shareholders, Berkshire Hathaway

Berkshire Hathaway

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years,...

 was the only company not to sell any of its stock in the October IPO.

In the year through June 2009, the company brought in revenues of $503 million (up 15% from $437 million in the corresponding 2008 period). It saw profits jump to $90.8 million, an increase of 12% from the same period in 2008, which saw the firm reap $80.9 million in net income.

The company was created in 1971 through the combination of several small firms to provide guidance and ratings for property and casualty insurers by providing actuarial and underwriting data for companies in the industry based on summarizing and combining data the firms provide.
The firm specializes in offering its products and services to manage risks for insurance companies, mortgage lenders and government agencies, through its Insurance Services Office

Insurance Services Office

Insurance Services Office, Inc. , a subsidiary of Verisk Analytics, is a provider of data, underwriting, risk management and legal/regulatory services to property-casualty insurers and other clients...

 subsidiary and other business units.

Corporate Leadership

• Frank J. Coyne
  Frank J. Coyne
  Frank J. Coyne is Chairman, President, and Chief Executive Officer of Verisk Analytics and its subsidiary, Insurance Services Office .-Personal life:...
  
   - Chairman, President
  President
  A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
  
  , and Chief Executive Officer
  Chief executive officer
  A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
  
  
• Perry Rotella
  Perry Rotella
  Perry Francis Rotella is an American businessman and the current senior vice president and chief information officer of Verisk Analytics, a Jersey City, New Jersey-based corporation. Rotella has held multiple information technology executive positions with different large American companies...
  
   - Senior Vice President and Chief Information Officer
  Chief information officer
  Chief information officer , or information technology director, is a job title commonly given to the most senior executive in an enterprise responsible for the information technology and computer systems that support enterprise goals...
  
  
• Scott G. Stephenson - Executive Vice President and Chief Operating Officer
  Chief operating officer
  A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
  
  
• Mark V. Anquillare - Senior Vice President and Chief Financial Officer
  Chief financial officer
  The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
  
  
• Kenneth E. Thompson - Senior Vice President, General Counsel
  General Counsel
  A general counsel is the chief lawyer of a legal department, usually in a corporation or government department. The term is most used in the United States...
  
  , and Corporate Secretary
• Vince McCarthy - Senior Vice President, Corporate Development and Strategy

For list of other senior corporate executives, risk assessment executives, and decision analytics executives, visit Verisk Leadership