VERISK ANALYTICS in Risk Analytics Software

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VERISK ANALYTICS
Jersey City, New Jersey, US
1971
$1BN to $5BN
Enterprise
80 Likes
78 Buyers Negotiating

Summary

Verisk Analytics offers its data analytics solutions to various verticals, such as BFSI and natural resources. The company operates majorly through 2 segments, namely, risk assessment and decision analytics. The risk assessment segment provides solutions to Property and Casualty (P&C) insurance customers and primarily focuses on prediction of loss, and selection and pricing of risk. The decision analytics segment provides predictive models to forecast scenarios and produces standard and customized analytics that help customers manage their businesses, such as predicting losses, selecting and pricing risks, detecting frauds before and after a loss event, and quantifying losses.

Discussions

Strengths
  • +10
    Directly
  • +12
    Credit Risk
  • +8
    Credit Risk Management
  • +6
    Fraud Detection and Prevention
  • +7
    Liquidity Risk Analytics
  • +11
    Market Risk
  • +13
    Operations Risk
  • +7
    Remote Support
  • +14
    Complicance
  • +5
    Other Solutions
  • +9
    Per User Basis
  • +8
    Subscription / Licensing
  • +12
    Consulting services
  • +11
    Training, Support and maintanence services
  • +9
    Customer Support
  • +5
    Dedicated Account Manager (DAM)
  • +5
    Extract, transform and load (ETL) tools
  • +13
    Product Demos
  • +14
    Proof of Concept
  • +6
    Risk Calculation Engines
Cautions
  • -11
    Through Partners / Third-Party Vendors
  • -14
    Enviornment Risk
  • -10
    Industry benchmarking and validation
  • -5
    On-Premise
  • -6
    On-Site Support
  • -9
    Real-time situational awareness
  • -5
    Strategic Risk
  • -11
    Analytical Engine
  • -7
    Full Time Equivalent
  • -13
    Risk Reporting
  • -13
    Managed Services
  • -14
    Any other professional services
  • -8
    GRC Software
  • -11
    Other Support Services
  • -9
    Other Applications ( Portfolio Management, Operation Risk Analysis)
  • -13
    Energy
  • -8
    Finacial Services
  • -11
    Governmnet and Defense
  • -9
    Healthcare and Life Sciences
  • -10
    IT and Telecommunication

VERISK ANALYTICS Reviews

user-icon

Buyer, UK Company

5
May 15, 2023
- Verisk Analytics, Incs Risk Analytics offerings (4 stars) I have been using Verisk Analytics, Incs Risk Analytics offerings for quite a while now and have been very impressed with the product vision, features, and ease of use. This product takes into account different user personas and provides tailored solutions. The cost of ownership is also reasonable and I am very satisfied with their interoperability and integration capabilities. Verisk has been a reliable provider both in terms of their companys stability and maturity, as well as the overall innovations they bring in their products. Their customer service too has been incredible, and they have a team of engineers available 24/7 to help with any queries. The future-ready nature of their products is also commendable and truly stands out from the competition. They are also always looking to incorporate the use of next generation technology in their offerings. For example, their recent upgrade of incorporating artificial intelligence and contextual data analytics into their risk algorithms as well as automated reporting capabilities for improved accuracy and transparency has been well-received in our office. Overall, we would rate Verisk Analytics, Incs Risk Analytics offerings 4 stars with regards to the high value for money that it provides.
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Buyer, UK Mid Market Company

5
Feb 28, 2023
Verisk Analytics, Incs Risk Analytics offerings (4 stars) I have been using Verisk Analytics, Incs Risk Analytics offerings for quite a while now and have been very impressed with the product vision, features, and ease of use. This product takes into account different user personas and provides tailored solutions. The cost of ownership is also reasonable and I am very satisfied with their interoperability and integration capabilities. Verisk has been a reliable provider both in terms of their companys stability and maturity, as well as the overall innovations they bring in their products. Their customer service too has been incredible, and they have a team of engineers available 24/7 to help with any queries. The future-ready nature of their products is also commendable and truly stands out from the competition. They are also always looking to incorporate the use of next generation technology in their offerings. For example, their recent upgrade of incorporating artificial intelligence and contextual data analytics into their risk algorithms as well as automated reporting capabilities for improved accuracy and transparency has been well-received in our office. Overall, we would rate Verisk Analytics, Incs Risk Analytics offerings 4 stars with regards to the high value for money that it provides.
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Useful (0) Not useful (0)
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Buyer, UK SME Company

5
Dec 07, 2022
I have been using Verisk Analytics, Incs Risk Analytics offerings for quite a while now and have been very impressed with the product vision, features, and ease of use. This product takes into account different user personas and provides tailored solutions. The cost of ownership is also reasonable and I am very satisfied with their interoperability and integration capabilities. Verisk has been a reliable provider both in terms of their companys stability and maturity, as well as the overall innovations they bring in their products. Their customer service too has been incredible, and they have a team of engineers available 24/7 to help with any queries. The future-ready nature of their products is also commendable and truly stands out from the competition. They are also always looking to incorporate the use of next generation technology in their offerings. For example, their recent upgrade of incorporating artificial intelligence and contextual data analytics into their risk algorithms as well as automated reporting capabilities for improved accuracy and transparency has been well-received in our office. Overall, we would rate Verisk Analytics, Incs Risk Analytics offerings 4 stars with regards to the high value for money that it provides.
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Useful (0) Not useful (0)
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