VRSK: A Closer Look at Some of VRSK's Non-Core Lines: Contributory Data Largely Protects It from AI Disruption

研报英文原文证据摘录

VRSK: A Closer Look at Some of VRSK's Non-Core Lines: Contributory Data Largely Protects It from AI Disruption

argin expansion beyond “growth” businesses

market since the announced sales of 3E 2025 • This case envisions slower revenue

and VFS in early '22 • This case envisions environmental growth, tech-transformation hiccups,

• We see a favorable backdrop over the conditions that supported robust and higher expenses weighing on

medium term as VRSK benefits from growth in 2024 sustain through 2026, margins

the NWP tailwind over the next few while revenues in VRSK's “growth” • Pricing comes under pressure as NWP

years, while areas of the business that businesses accelerate growth moderates

have been depressed during the hard • With stronger earnings growth, we see • In this scenario, we expect multiple

market are poised to rebound as the potential for further multiple expansion compression to 24x, suggesting a $175

industry transitions to a soft market to 37x, resulting in an upside price downside scenario

scenario of $275

Upcoming Catalysts Company Description

• 2026 hurricane season and other weather events Verisk is a leading data and analytics provider serving the insurance

• Insurance profitability trends and coinciding NWP growth market. It provides predictive analytics and decision support

• Auto insurance shopping solutions to customers in rating, underwriting, claims, catastrophe,

• Industry adoption of VRSK solutions and partnership weather risk, and other fields. Customers use its proprietary data

announcements assets, industry insight, statistical models, analytics, and software

to make better decisions about risk and opportunities. In 2026,

customers included all the top 100 P&C insurance providers in the

US.

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