Verisk
545 Washington Boulevard, Jersey City, NJ, 07310, United States
Overview
Verisk Analytics, Inc. (Verisk) enables risk-bearing businesses to better understand and manage their risks. Verisk serves its customers by supplying data that, combined with its analytic methods, creates embedded decision support solutions. The Company is an aggregator and provider of detailed actuarial and underwriting data pertaining to the United States property and casualty insurance risks. It offers solutions for detecting fraud in the United States property and casualty insurance, healthcare and mortgage industries. two segments: Risk Assessment and Decision Analytics. The Risk Assessment segment provides statistical, actuarial and underwriting data for the United States property and casualty insurance industry. The Decision Analytics segment provides solutions the Company's customers use to analyze the four processes of the Verisk Risk Analysis Framework: prediction of loss, selection and pricing of risk, detection and prevention of fraud, and quantification of loss.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Analytics
- Financial Services
- Health Care
- Information Services
- Insurance
- Public Relations
- Risk Management
Investment portfolio
- FirstBest
Participated · Equity · Apr 2012
FirstBest Systems provides the FirstBest Front Office Suite, a modular set of products including an underwriting workstation, agent portal and agency upload applications with capabilities for mobile insurance users. The company serves global insurers and named clients include XL Group plc, ICW Group Insurance Companies, Pacific Compensation Insurance Company and Preferred Concepts, LLC. Led by founder and CEO John Belizaire, FirstBest plans to use new capital to expand into additional segments of the insurance industry and to grow sales and marketing in the United States and new geographies. The company also intends to expand its engineering team to develop new products and support advancements such as mobile applications for the insurance enterprise. Financially, FirstBest completed a $10m funding round to support these growth and product initiatives.