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Should I use Verisk?

Data analytics and proprietary industry data provider for the global insurance ecosystem - verisk.com

Depends. Buy only if you're an insurance carrier, adjuster, or contractor that needs Verisk's proprietary claims, pricing, and risk data — nothing else replicates it. Startups, small teams, and non-insurance buyers will find it opaque, sales-led, and overkill.

Confidence

Medium. Based on 20+ public sources; verisk.com itself returned only tracking-script content, so findings lean on third-party reviews, comparisons, and filings.

Ratings

  • Value for moneyNo public pricing evidence
  • Ease of useNo usable usability evidence
  • Feature depth
  • Support qualityNo direct customer support evidence
  • Security posture

Pricing

Not disclosed

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed

Best for

  • Insurance carriers needing proprietary claims and underwriting data
  • Property adjusters and restoration contractors using Xactimate
  • Enterprise supplier-risk and compliance teams (3E)
  • Large insurers fighting claims fraud

Not for

  • Startups and small businesses — no self-serve option
  • Non-insurance industries without large data budgets
  • Buyers wanting published pricing or free trials
  • Teams needing fast procurement or simple onboarding

Gotchas - check before you buy

high

Pricing is unpublished; expect RFP cycles and enterprise contracts, not self-serve trials.

medium

Xactimate estimates dominate claims but aren't binding — carrier figures can be negotiated.

medium

Recently acquired products face roadmap and integration uncertainty post-sale.

low

Employee reviews mention turnover, which risks account-team continuity.

Pros and cons

Pros

  • Decades of proprietary insurance data on claims, pricing, and catastrophe risk
  • Very broad portfolio: estimating, fraud, underwriting, cargo, and marketing analytics
  • Entrenched at major insurers; USAA uses ISO/Verisk claims data
  • Financially strong: $3.19B–$3.24B 2026 revenue target with $1.5B buyback
  • Case study: AXA Tian Ping boosted sales 30% with Verisk underwriting analytics

Cons

  • Modest 3.4/5 rating across 166 buyer reviews on comparisons
  • No transparent pricing; sales-led enterprise procurement
  • Employee reviews cite heavy turnover
  • Acquisition-driven growth fragments products and raises roadmap uncertainty

Sources & method

Analyzed 10/05/2026 - 11 sources - No known vulnerabilities found in the sources reviewed.

official x2review x5security x2news x2

Key stats

  • Feature depth: 5/5

    Rating

  • Not disclosed

    Starting price

  • 11

    Sources

  • Analyzed

  • Value for money. No public pricing evidence
  • Ease of use. No usable usability evidence
  • Feature depth: 5/5. Decades of proprietary insurance, claims, and pricing data
  • Support quality. No direct customer support evidence
  • Security posture: 4/5. No public CVEs; publishes security and privacy documentation
  • 3.4/5 RFP.wiki buyer rating 166 reviews in supplier-risk comparisons
  • $3.19B–$3.24B 2026 revenue target Company guidance, Feb 2026
  • 2009 IPO Raised $1.88B, priced above range
  • 110 Xactware references Customer reviews on FeaturedCustomers

Pricing

Not disclosed

Security

No known vulnerabilities found in the sources reviewed.

Companies that use it

  • USAA⁴
  • AXA Tian Ping
  • Emirates
Full analysis

Based on 20+ public sources; verisk.com itself returned only tracking-script content, so findings lean on third-party reviews, comparisons, and filings.

Enterprise insurance data giant, not self-serve software. Great if you're an insurer; opaque and overkill for everyone else.

Methodology

Based on 20+ public sources; verisk.com itself returned only tracking-script content, so findings lean on third-party reviews, comparisons, and filings.

Sources

  1. review
  2. review
  3. review
  4. review
  5. review
  6. news
  7. news
  8. official
  9. official
  10. security
  11. security

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