Verisk Analytics News
2 articles
growth-positive
3 Momentum Stocks to Supercharge Your Portfolio in Q4
The article discusses the performance of three companies - Crane NXT, Verisk Analytics, and FleetCor Technologies - that have shown strong momentum in their stock prices. Crane NXT, an industrial technology company, has seen a year-to-date (YTD) return of 53% backed by strong financial performance. Verisk Analytics, a risk assessment and data analytics company, has a YTD return of 34.6% and is expected to grow further by the end of the year. FleetCor Technologies, a payment products company, has seen a 38% YTD return and has also raised its full-year guidance.
Investment
growth-positive
The Verisk Telematics Innovation Center: Advancing telematics
The article discusses Verisks Innovation Center and their telematics initiative. It highlights the Verisk Data Exchange, which provides a solution to the challenges faced by insurers in implementing usage-based insurance (UBI) programs. The exchange allows insurers to access pre-collected driving data, driving scores, verified mileage, and model-ready data. It also offers instant first notice of loss (FNOL) for claims management. Verisk has an exclusive agreement with GM and is in negotiations with other OEMs, TSPs, and MSPs. The article mentions that Verisk has millions of active users. Privacy is a critical concern, and Verisk requires two consents from consumers before sharing driving data. The article also mentions Verisks exploration of telematics-based insurance in the home insurance area. The date of the article is January 2, 2018.
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