Verisk Launches Commercial GenAI Underwriting Assistant to Transform Property Underwriting Efficiency

Verisk launched a cloud-based Commercial GenAI Underwriting Assistant to enhance efficiency and decision-making in commercial property underwriting.

Quiver AI Summary

Verisk, a key player in data analytics for the global insurance sector, has launched the Commercial GenAI Underwriting Assistant, a cloud-based tool aimed at modernizing commercial property underwriting. This innovative solution leverages advanced data analytics and generative AI to enhance decision-making, enabling underwriters to assess risks more quickly and accurately while improving profitability. The assistant automates workflows and integrates seamlessly with existing systems, emphasizing collaboration between AI insights and human judgment. Addressing industry challenges such as rising costs and workforce shortages, this tool seeks to improve operational efficiency and support insurers in navigating the evolving market. Verisk is committed to ethical AI practices and aims to provide trustworthy solutions that augment the expertise of insurance professionals.

Potential Positives

Launch of the Commercial GenAI Underwriting Assistant positions Verisk as an innovator in the insurance industry, enhancing its reputation as a leader in data analytics and technology solutions.
The solution addresses critical industry challenges such as rising costs and operational efficiency, which are top priorities for insurers, likely increasing demand for Verisk's products.
Integration into existing systems and a "Human-in-the-Loop" approach demonstrate the company's commitment to responsible innovation and customer support, which may enhance client trust and retention.
By focusing on ethical AI principles and being part of the Augmented Underwriting Suite, Verisk strengthens its overall product offering and commitment to responsible technology usage in the industry.

Potential Negatives

The launch of the Commercial GenAI Underwriting Assistant highlights the pressing challenges within the insurance industry, such as rising costs and a shrinking workforce, which may exacerbate perceptions of instability in the sector.
The press release indicates that a significant portion of industry professionals (36%) view digital transformation and technology modernization as their biggest challenge, suggesting that Verisk's solution may not fully address underlying issues faced by its clients.
There is a potential risk of resistance from insurance professionals who might feel threatened by automation, despite the stated "Human-in-the-Loop" approach, impacting adoption rates of the new solution.

FAQ

What is the Commercial GenAI Underwriting Assistant?

The Commercial GenAI Underwriting Assistant is a cloud-based solution to modernize commercial property underwriting with advanced data analytics and generative AI.

How does the GenAI solution enhance underwriting efficiency?

The solution automates workflows, summarizes datasets, and provides real-time risk insights to accelerate underwriting processes and improve decision-making.

What challenges does the GenAI Assistant address for insurers?

It addresses rising costs, tighter margins, and workforce shortages by enhancing operational efficiency and automating risk submission intake.

How is the technology integrated into existing systems?

The Commercial GenAI Underwriting Assistant integrates seamlessly as an API-enabled solution within existing policy administration and underwriting systems.

What ethical principles guide the development of this AI solution?

Verisk emphasizes fairness, accountability, inclusivity, transparency, and privacy in the ethical use of AI for their Commercial GenAI Underwriting Assistant.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$VRSK Congressional Stock Trading

Members of Congress have traded $VRSK stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $VRSK stock by members of Congress over the last 6 months:

REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 08/04 and 1 sale worth up to $15,000 on 08/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$VRSK Insider Trading Activity

$VRSK insiders have traded $VRSK stock on the open market 20 times in the past 6 months. Of those trades, 1 have been purchases and 19 have been sales.

Here’s a breakdown of recent trading of $VRSK stock by insiders over the last 6 months:

NICHOLAS DAFFAN (Chief Information Officer) has made 0 purchases and 4 sales selling 21,678 shares for an estimated $6,264,846.
SAMUEL G LISS has made 0 purchases and 2 sales selling 11,656 shares for an estimated $3,648,994.
DAVID J. GROVER (Chief Accounting Officer) sold 5,705 shares for an estimated $1,755,314
LEE SHAVEL (Chief Executive Officer) has made 0 purchases and 5 sales selling 5,500 shares for an estimated $1,578,742.
ELIZABETH MANN (Chief Financial Officer) has made 0 purchases and 5 sales selling 1,500 shares for an estimated $443,499.
BRUCE EDWARD HANSEN sold 1,179 shares for an estimated $337,028
CHRISTOPHER JOHN PERRY purchased 1,000 shares for an estimated $259,800
KATHY CARD BECKLES (Chief Legal Officer) sold 326 shares for an estimated $98,080

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$VRSK Hedge Fund Activity

We have seen 505 institutional investors add shares of $VRSK stock to their portfolio, and 506 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

GAMMA INVESTING LLC removed 1,199,511 shares (-99.6%) from their portfolio in Q2 2025, for an estimated $373,647,676
FMR LLC added 846,238 shares (+17.7%) to their portfolio in Q2 2025, for an estimated $263,603,137
PRICE T ROWE ASSOCIATES INC /MD/ removed 491,567 shares (-28.8%) from their portfolio in Q2 2025, for an estimated $153,123,120
NUVEEN, LLC removed 484,684 shares (-28.4%) from their portfolio in Q2 2025, for an estimated $150,979,066
BANK JULIUS BAER & CO. LTD, ZURICH removed 370,741 shares (-48.2%) from their portfolio in Q2 2025, for an estimated $115,485,821
VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 267,020 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $83,176,730
POINT72 ASSET MANAGEMENT, L.P. added 254,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $79,121,000

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$VRSK Analyst Ratings

Wall Street analysts have issued reports on $VRSK in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Wolfe Research issued a "Outperform" rating on 09/03/2025
Baird issued a "Outperform" rating on 05/08/2025
B of A Securities issued a "Underperform" rating on 04/10/2025

To track analyst ratings and price targets for $VRSK, check out Quiver Quantitative's $VRSK forecast page.

$VRSK Price Targets

Multiple analysts have issued price targets for $VRSK recently. We have seen 6 analysts offer price targets for $VRSK in the last 6 months, with a median target of $317.0.

Here are some recent targets:

Scott Wurtzel from Wolfe Research set a target price of $320.0 on 09/03/2025
C. Gregory Peters from Raymond James set a target price of $315.0 on 08/04/2025
Toni Kaplan from Morgan Stanley set a target price of $319.0 on 07/31/2025
Alex Kramm from UBS set a target price of $300.0 on 07/31/2025
Jeffrey Meuler from Baird set a target price of $335.0 on 05/08/2025
Joshua Dennerlein from B of A Securities set a target price of $280.0 on 04/10/2025

Full Release

JERSEY CITY, N.J., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced the launch of its Commercial GenAI Underwriting Assistant, a cloud-based solution designed to modernize commercial property underwriting. Powered by Verisk’s advanced data analytics and generative AI, this solution enables underwriters to make more informed decisions with greater ease and speed, helping them improve profitability outcomes and adapt to the ever-evolving commercial property market.

Verisk’s new Commercial GenAI Underwriting Assistant:

Harnesses generative AI capabilities to automate workflows and manual tasks, summarize complex datasets via data ingestion and deliver real-time risk appetite insights to accelerate underwriting risk assessment.
Integrates into existing policy administration and underwriting systems as an API-enabled solution, ensuring flexibility, scalability and security.
Enhances decision-making via a "Human-in-the-Loop" approach by combining AI-driven insights with expert judgment, rather than replacing it.

“Automation is no longer a luxury for insurers—it’s a necessity,” said Doug Caccese, co-president of underwriting solutions at Verisk. “As strategic partners to our clients and leaders in modeling and rating support, we want to help insurers evolve their workflows in a future-proof and scalable way. Our new AI assistant offers the industry trustworthy, responsible innovation at scale that will support and augment the expertise of insurance professionals, while also increasing speed and efficiency.”

Tackling the industry’s most pressing challenges

Insurers are facing rising costs, tighter margins and a shrinking workforce—threatening institutional knowledge. Verisk’s Commercial GenAI Underwriting Assistant addresses these critical industry pain points by enhancing operational efficiency, delivering actionable insights to help improve pricing and automating risk submission intake.

According to Verisk’s 2025 State of the Industry Survey:

43 percent of respondents cited profitability as their organization’s top priority, followed by revenue and growth at 28 percent.
36 percent identified digital transformation and tech modernization as their biggest challenge.
Most notably, 69 percent believe AI and generative AI will have the most significant impact on the industry over the next five years.

These findings, based on responses from 264 Verisk Insurance Conference attendees, underscore the urgent need for intelligent automation and data-driven decision support to enhance underwriting profitability.

Verisk’s Commercial GenAI Underwriting Assistant was developed in a private and protected environment, rooted in the ethical use of AI principles—fairness, accountability, inclusivity, transparency and privacy. You can read more about Verisk’s Commitment to Responsible and Ethical AI here .

The Commercial GenAI Underwriting Assistant is part of Verisk’s Augmented Underwriting Suite. This suite integrates multiple Verisk products, such as Touchstone and Rulebook, into one seamless, modular process. To learn more about Augmented Underwriting and Verisk’s generative AI Commercial Underwriting Assistant solution, please visit Verisk’s underwriting automation hub .

Verisk’s Underwriting & Rating Solutions helps global insurers, reinsurers and other stakeholders modernize their processes, reduce operating costs and underwrite risks quickly and precisely. These solutions support (re)insurers across multiple lines of business, including personal & commercial property, personal & commercial auto, small commercial and general liability programming to streamline forms, rules, loss costs and rating-related information.

About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom .