Slide 1: Investor Day
March 5, 2026 Investor Day Verisk Analytics
Slide 2: Introduction
Introduction Stacey Brodbar, SVP Finance & Investor Relations ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 3: Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures
Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures Forward-Looking Statements This release contains forward-looking statements, including those related to our three-year financial targets and guidance. These statements relate to future events or to future financial performance
Slide 4: Agenda
Agenda Approx. times 8:00 – 8:05 Introduction Stacey Brodbar, SVP Finance & IR 8:05 – 8:30 Strategic Overview Lee Shavel, President and CEO 8:30 – 8:50 Underwriting Solutions Saurabh Khemka, President, Underwriting Solutions 8:50 – 9:10 Catastrophe & Risk Solutions Rob Newbold, President, Catastroph
Slide 5: Verisk: Proprietary Data. Relentless Innovation. Compounding Growth.
Verisk: Proprietary & Connective Data. Relentless Innovation. Compounding Growth. Lee Shavel, President & CEO ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 6: Structurally Better Positioned for the Future
W H AT YO U W I L L H E A R : Structurally Better Positioned for the Future Embedded, Hard to New Sources of Deeper Client Compounding Growth Displace Core Incremental Growth Connection Invention, new and Closer and strategic Mission-critical Profitable growth, enhanced data, and client relationship
Slide 7: Agenda
Agenda Durable and compounding core Growing market, stronger differentiation Strategy to drive client and shareholder value 7 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 8: Verisk at a Glance: A Powerful Business Model
Verisk at a Glance: A Powerful Business Model Focus 2025 Revenue by Geography 100% +$3.1B Insurance 2025 Revenue Domestic 82% 18% International 83% Recurring revenue 2025 Revenue By Segment Clients include top 100 P&C 95%+ Underwriting Solutions 71% 29% Claims Solutions Insurers in the US Client Ret
Slide 9: Verisk is at the Center of the Insurance Industry
Verisk is at the Center of the Insurance Industry… Auto Catastrophe Property Risk Life & Underwriting Annuity Forms, Rules, & Loss Costs Excess & Specialty Surplus Insurance Casualty Fraud Detection Property Repair Estimating 9 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 10: Providing the Connective Data that Drives Outcomes
Providing the Connective Data that Drives Outcomes Auto ProMetrix RISK:check Catastrophe Property Location & Fireline A-Plus Auto Synergy Studio Risk LightSpeed Touchstone 360Value ILS Securitization A-PLUS Property PCS Life & LightSpeed Forms, Rules Underwriting FAST and Loss Costs Annuity SuranceB
Slide 11: Unique Data Advantage Underpins Over 90% of Revenue
Unique Data Advantage Underpins Over 90% of Verisk Revenue Contributory Data ~40% Unique to Verisk, normalized, enriched Services ~5% and activated for decision-making installation and hosting of Verisk solutions Software ~10% and workflow solutions powered by unique and proprietary data >+90% reven
Slide 12: Agenda
Agenda Durable and compounding core Growing market, stronger differentiation Strategy to drive client and shareholder value 12 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 13: U.S. P&C Insurance: A Growing and Durable End Market
U.S. P&C Insurance: A Growing and Durable End Market U.S. Net Written Premiums ~5% +5% CAGR Annually $935 B 4.3% CAGR $456 B Covid-19 Global Financial Crisis 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E 2026E 2027E 2028E Actual Projected Source: NAI
Slide 14: Market Forces Driving Demand for More Data and Analytics
Market Forces Driving Demand for More Data and Analytics Carrier Trends Market Dynamics Macro Trends • Workflow automation • Growth in Intermediaries • Affordability • AI Enablement • Migration to Excess & • Climate and Resilience Surplus market • Focus on Policyholder • Social inflation experience
Slide 15: With Multiple Advantages
With Multiple Advantages Four structural differentiators that underpin Verisk’s position… 1. Mission 2. Valued Critical & Industry Innovation Centrality Partner 4. Unique 3. Clear AI Value Strategy Proposition 15 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 16: Mission Critical, Trusted Source for Major Insurers
D I F F E R E NT I ATO R # 1 Mission Critical, Trusted Source for Major Insurers Trusted by 100% of Backbone of Integrated in Unmatched Data Decades-Long Top 100 U.S. Claims Intelligence Regulation Breadth & Quality Relationships Insurers ~95% of U.S. ~2,000 filings 39B+ records and Trusted partner
Slide 17: A Valued Innovation Partner for the Insurance Industry
D I F F E R E NT I ATO R # 2 A Valued Innovation Partner for the Insurance Industry Benefits for Insurance Industry Regulators/ InsurTech/ – Examples – Gov’t Partners Underwriting • 80% faster quotes, 3-4% pricing uplift Carriers/ INNOVATION Reinsurers Claims Insurers R&D Hub Capabilities • Accurate
Slide 18: Clear and Comprehensive AI Strategy for Growth
D I F F E R E NT I ATO R # 3 Clear and Comprehensive AI Strategy for Growth AI-Enabled Organization and Culture Deploy Internally Enhance Existing Products Adapt to Client Use Cases • Data Aggregation & Cleansing • Accelerated Product Development • Fraud Detection • Advanced Analytics • New Analytic
Slide 19: Verisk is Leveraging AI across Deep Datasets
D I F F E R E NT I ATO R # 3 Verisk is Leveraging AI across our Deep Datasets to Expand Our Competitive Strengths Proprietary Data / Deeply Embedded into Industry Benchmark Core Processes Decades of contributory data = High switching costs AI Initiatives to Expand Strengths AI Initiatives to Expand
Slide 20: Unique Value Proposition: Delivering Mission-Critical Insights
D I F F E R E NT I ATO R # 4 Unique Value Proposition: Delivering Mission-Critical Insights 2015 2024 VRSK Revenue as % of 0.25% 0.31% US NWP VRSK Revenue as a % of Industry 0.27% 0.37% Expenditures Source: NAIC, Management estimates 20 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 21: Agenda
Agenda Durable and compounding core Growing market, stronger differentiation Strategy to drive client and shareholder value 21 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 22: Three Key Pillars
CAPITALIZING ON OUR COMPETITIVE POSITION Three Key Pillars Drive 1 Compounding 2 Deliver Margin 3 Ensure Disciplined Expansion Capital Allocation Growth 1.1 Deeper industry connections 1.2 Relentless Innovation &.Invention 1.3 Expanding networks 22 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 23: Elevating the Strategic Dialogue
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL 1.1 DEEPER INDUSTRY CONECTIONS Elevating the Strategic Dialogue Avg Revenue Growth from Initiatives Top 25 Clients ✓ Elevated C-suite engagement 6.1% 5.0% ✓ Bring together Underwriting & Claims teams for more integrated workflows '19 to '22 '22 to '25 ✓ Strategic
Slide 24: Deepening Relationships Through Cross-Sell
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL 1.1 DEEPER INDUSTRY CONNECTIONS Deepening Relationships: Driving Cross Sell of Existing Products Average Number of Products (Across 38 Product Categories) Top 1 - 10 Clients 11 - 25 Clients 26 - 100 Clients 101 - 500 Clients 19.7 17.3 17.7 16.6 15.7 14.9 12.0 9.7
Slide 25: Top Innovative Initiatives 2025-2028
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL 1 . 2 R E L E NT L E S S I N N OVAT I O N & I N V E NT I O N Top Innovative Initiatives 2025-2028 Expansion to New Customer Sets Global Marketplace Aerial Imagery Synergy Studio Launch Auto Suite Expand Anti-Fraud Xactware Suite Upgrade Life Expansion Core Lines
Slide 26: One Word to Describe Verisk
1 . 2 R E L E NT L E S S I N N OVAT I O N & I N V E NT I O N One Word to Describe Verisk 2026 Elevate Client Attendee Feedback 26 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 27: Connecting Industry Participants
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL 1 . 3 E X PA N D I N G N E T W O R K S Connecting Industry Participants Whitespace Xactimate® CRS & the Model Exchange Connecting carriers and Connecting carriers, Connecting Reinsurance brokers, facilitating the full adjustors and contractors Brokers, Reinsurers
Slide 28: Case Study: Whitespace Platform Connects the Specialty Insurance Market
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL 1 . 3 E X PA N D I N G N E T W O R K S Case Study: Whitespace Platform Connects the Specialty Insurance Market Risks Bound Platform has grown to 385+ firms trading and Evaluate 16,000+ active users today participants 74,698 Es pri lity tab nciples functio nd na l
Slide 29: Dominic Samengo-Turner, Marsh
Dominic Samengo-Turner Marsh 29 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 30: Drive Continued Margin Expansion While Investing for Future Growth
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL Drive Continued Margin Expansion While Investing for Future Growth Cost Discipline Efficiency Gains Continued Margin Expansion Operating Leverage 30 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 31: Capital Allocation: Balance Growth Investment, Discipline, and Shareholder Returns
PILLARS: 1.GROWTH 2.MARGIN 3.CAPITAL Capital Allocation: Balance Growth Investment, Discipline, and Shareholder Returns Over last 5 fiscal years, $10B+ of capital deployed to enhance shareholder returns Organic Growth Acquisitions Shareholder Return ~15% ~10% ~75% Capex + R&D Insurance Industry Tuck
Slide 32: Verisk's Financial Model Delivers Durable Returns
R E S U LT S O F O U R S T R A T E G Y: Verisk’s Financial Model Delivers Durable Returns through Growth, Margins, and Disciplined Capital Returns OCC Revenue Adj EBITDA OCC Adj EBITDA Adj EPS Return on Growth Margin Expansion Growth Growth Invested Capital 6-8% 25-75bps 7-10% LDD% > WACC 32 ©2026 V
Slide 33: The Verisk Formula: Resilience, Differentiation, and Disciplined Execution
IN SUMMARY The Verisk Formula: Resilience, Differentiation, and Disciplined Execution 1 2 3 The Foundation: The Differentiation: The Strategy: Profitable Durable & compounding Data, trust, innovation growth, capital discipline 33 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 34: Underwriting Reimagined: Enhancing Our Competitive Strength
Underwriting Reimagined: Enhancing Our Competitive Strength Saurabh Khemka, President, Underwriting Solutions ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 35: Agenda
Agenda A stronger, scaled underwriting platform Positioned to excel in growing underwriting sector Multiple growth drivers for the future 35 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 36: Underwriting Solutions at a Glance
Underwriting Solutions at a Glance Underwriting Solutions Revenue Split (%) Key Characteristics Underwriting Data & Analytics Solutions records of premiums and losses in our 23% 39B industry-leading statistical database Life active policy forms across 32 lines and Forms, Rules, $1.7B Solutions 8% 16
Slide 37: Steady and Predictable Growth
Steady and Predictable Growth Revenue Growth Breakdown of $1.7B Revenues 6.5% OCC CAGR Transactional Subscription 2025 16% 84% • High recurring revenue business 2021 2022 2023 2024 2025 • Client retention rates of ~99% 37 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 38: Delivered Strong Results Since Last Investor Day
Delivered Strong Results Since Last Investor Day Stronger Value Realization Modernized Expanded Data Depth / Penetrated from Innovation Core Offering Market Reach Life & Annuities Market Achieved accelerated All content available +20M new personal Double-digit revenue OCC revenue growth on new engag
Slide 39: Agenda
Agenda A stronger, scaled underwriting platform Positioned to excel in growing underwriting sector Multiple growth drivers for the future 39 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 40: Large Addressable Market – Outgrowing a Growth Market
Large Addressable Market – Outgrowing a Growth Market Market Size Growth +200-300 Addressable Market: bps 6-7% $8B 4% Current Share: ~19% Long-term Our Industry Growth (1) Growth 1. Industry premium growth from 2001 through 2024 for markets we serve. 40 ©2026 Verisk Analytics, Inc. All rights reserv
Slide 41: Why Verisk is Uniquely Positioned as Underwriting Gets More Complex
Why Verisk is Uniquely Positioned as Underwriting Gets More Complex Market Forces Client Outcomes Increasing risk complexity Better risk selection Proprietary Growing regulatory Data Regulatory complexity confidence Actuarial & Need for better risk Regulatory segmentation Faster decisions Expertise
Slide 42: Proprietary, Regulatory-Grade and Embedded Analytics
Proprietary, Regulatory-Grade and Embedded Analytics: Our Structural Differentiation in AI Industry-scale proprietary data assets — Broad contributor base; permissioned access Standardized industry data and analytics — Fragmented data normalized using decades of expertise Regulatory-grade content —
Slide 43: One Property, Multiple Interpretations
One Property, Multiple Interpretations: We Convert Carrier Complexity into Industry-Standard Intelligence Multiple Interpretations Carrier Data Proprietary ISO Model by Insurers for same property at Industry Scale Insurer A Filed ISO Program • Full-Service Hotel • $500K Deductible ISO Classification
Slide 44: Agenda
Agenda A stronger, scaled underwriting platform Positioned to excel in growing underwriting sector Multiple growth drivers for the future 44 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 45: Three Growth Drivers Powering Sustained Growth
Three Growth Drivers Powering Sustained Growth 1 2 3 Continue to Enhance our data and Expand platforms and modernize and monetize analytics strength with networks in core platforms advanced technologies Life & Annuities sector 45 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 46: Core Lines Reimagine Evolution
GROWTH DRIVER #1 Core Lines Reimagine Evolution Then Now • Content focused • Insights focused • Mixed refresh timeliness • +100 new contributors • Dated user experience • Modern digital platform • Value perception gap • Innovative and premium 46 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 47: Core Lines Reimagine Providing Significantly More Value
GROWTH DRIVER #1 Core Lines Reimagine Providing Significantly More Value Deeper, More Frequent Insights for Homeowners Product Manager in New Jersey Loss Loss Costs 1x per year Costs Executive Insights 2x per year Experience Index 4x per year In the Spotlight 6x per year Jan Feb Mar Apr May Jun Jul
Slide 48: Case Study: Reimagine Directly Translates into Higher Value Realization
GROWTH DRIVER #1 Case Study: Reimagine Directly Translates into Higher Value Realization Opportunity Result: Pre-Reimagine • Top 20 carrier with value perception gap ~2x value Reimagine realization • Elevated executive engagement (CEO-level alignment) • Targeted, high-touch sessions to share Reimagi
Slide 49: Core Lines Reimagine: Scalable Foundation for Continuous Innovation
GROWTH DRIVER #1 Core Lines Reimagine: Scalable Foundation for Continuous Innovation Scalable Foundation: Innovation Enabled Digital Platform by the Platform New client-facing modules Unified ISO Content Enables Accelerated Personalized workflow integration Innovation Common Data Model Integrated IS
Slide 50: Differentiated Analytics and Advanced Technologies
GROWTH DRIVER #2 Differentiated Analytics and Advanced Technologies are Enhancing Verisk’s Competitive Strength The following invention examples illustrate how this plays out in practice: Aerial Auto Coverage & AI-Enabled Intelligence Policy History Analytics 50 ©2026 Verisk Analytics, Inc. All righ
Slide 51: Invention Example: High-Frequency Aerial Intelligence
GROWTH DRIVER #2 Invention Example: High-Frequency Aerial Intelligence Aerial Powers Improved Outcomes Intelligence Data Analytics Invention and Strength Product Enhancement Engine New Analytic Inventions Multi-modal Advantages Useful Wind Hail More accurate Life High- pricing frequency Faster under
Slide 52: Invention Example: Unlocking Auto Policy History Value
GROWTH DRIVER #2 Invention Example: Unlocking Auto Policy History Value Auto Coverage & Policy History Auto Differentiated Superior Risk Policy History Analytics Differentiation Better Policy, transaction, 40 new analytic Identifies risks with underwriting and behavior level objects created 2-3x hig
Slide 53: Invention Example: Advanced Technologies Like AI
GROWTH DRIVER #2 Invention Example: Advanced Technologies Like AI AI-Enabled are an Opportunity to Accelerate Our Competitive Strength Analytics AI Enhanced New Analytics and New Client Experience Decision Capabilities Business Models Boost client Invent new analytics Deepen workflow integration eng
Slide 54: Life & Annuities Sector: FAST Platform Growing Rapidly
GROWTH DRIVER #3 Life & Annuities Sector: FAST Platform Growing Rapidly FAST Market Opportunity FAST Revenue Growth Large, early-modernizing market Individual • Group • Annuities • Pension Risk Acquired in $118M 2019 23% Differentiated platform CAGR Low Code, No Code • AI • Carriers & Agents 4% $35M
Slide 55: Delivering Strong Growth into the Future
Delivering Strong Growth into the Future 6.5-7.0% Annual Growth 3 2 Life & Annuities 1 Differentiated Market $1.6B Analytics Core & Platforms Advanced Tech 2025 (1) 2028 1. Excludes Verisk Marketing Solutions (divested 4Q2025). 55 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 56: Dave Cummings, USAA
Dave Cummings USAA 56 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 57: Clear Execution, Unique Position, and Sustained Growth Visibility
Clear Execution, Unique Position, and Sustained Growth Visibility Execution delivering results: we met prior Investor Day commitments and accelerated momentum Core markets are resilient and growing, with increasing importance for Verisk’s data and analytics Uniquely positioned to enhance underwritin
Slide 58: Catastrophe and Risk Solutions: Unlocking Growth in a Volatile World
Catastrophe and Risk Solutions: Unlocking Growth in a Volatile World Rob Newbold, President, Catastrophe and Risk Solutions ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 59: Agenda
Agenda Market leader in catastrophe risk — essential in a volatile world Resilient market position in growing market Growth powered by next-generation risk intelligence platform 59 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 60: Helping the Insurance Industry Address an Increasingly Risky World
Helping the Insurance Industry Address an Increasingly Risky World Securitized Global Natural Risk Transfer Peril Modeling Sc al R ie gor Providing clarity n I nnova gi c nt i ti o o ific as traditional Te c h n o l assumptions give way Catastrophe to unprecedented & Risk uncertainty Business Soluti
Slide 61: Catastrophe and Risk Solutions at a Glance
Catastrophe and Risk Solutions at a Glance Catastrophe Risk Revenue Split (%) Key Characteristics Gov't/Other Insurers 1% 30% Corporates 4% 135+ PhDs ~$400M Global indices for business risk Brokers +190 factors 24% revenue Countries and territories covered +120 by catastrophe models Reinsurers 41% 5
Slide 62: Strong and Consistent Financial Performance
Strong and Consistent Financial Performance Revenue Growth Breakdown of $400M Revenues 9.4% OCC CAGR Transactional Subscription 10% 2025 90% • High recurring revenue business • 98%+ client retention rates • >200 insurer/reinsurer clients using latest 2021 2022 2023 2024 2025 model suite Subscription
Slide 63: Progress Since Last Investor Day
Progress Since Last Investor Day: Rebuilt the Risk Intelligence Engine to Power the Next Phase of Growth Architected Next Gen Expanded Global Risk Built Cloud-Native Developed Open Risk Model Framework Models AI-Ready Platform Ecosystem • Re-architected the • Extended leadership • Built a scalable,
Slide 64: AI Further Strengthens the Position
AI Further Strengthens the Position – Driving Efficiency and Differentiation AI-Driven Model Machine Learning Automated Loss Natural-Language Cross-Verisk Calibration Climate Models Simulations Risk Analytics Data Fusion Capture non- AI-enabled Links claims, weather, Faster model Real-time event los
Slide 65: Agenda
Agenda Market leader in catastrophe risk — essential in a volatile world Resilient market position in growing market Growth powered by next-generation risk intelligence platform 65 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 66: Structural Factors Driving Growth in Catastrophe Losses
Structural Factors Driving Growth in $150B+ of Annual Catastrophe Loss Experience Accelerated Exposure Continued Urban Increased Event Atmospheric Hazard Growth Expansion Frequency Distribution Fueled by rapid Concentration of Frequency perils Climate change is inflation & continued valuable assets
Slide 67: Global Average Annual Losses are Growing
Global Average Annual Losses (AAL) are Growing and We Have Models for All Key Loss Categories Growth in Global Insured Losses from Verisk has Global Models Natural Catastrophes for All Perils1 Severe $132B Wildfire Thunderstorm 7% 42% $118B Flood 7% Earthquake 10% Winter 10-yr average 5-yr average T
Slide 68: Large and Growing Addressable Market
Large and Growing Addressable Market Market Size Global Reinsurer Capital2 +MSD CAGR Total Addressable Market: +30% ~$3.0B1 $760B $595B Current Share: ~12% 2016 9M 2025 (1) Source: P&C Catastrophe Risk Models and External Business and Market Data and Analytics (2) Source: AON Reinsurance Market Dyna
Slide 69: Why Verisk Catastrophe Business is Insulated from Disruption
Why Verisk Catastrophe Business is Insulated from Disruption 1. Unique & Proprietary Data Advantage 2. THE Industry Standard 3. Mission-Critical Integration 4. High Switching Costs Catastrophe & Risk Solutions High Barriers to Entry 5. Complex Science 69 ©2026 Verisk Analytics, Inc. All rights reser
Slide 70: Frank Fischer, Aeolus
Frank Fischer Aeolus 70 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 71: Agenda
Agenda Market leader in catastrophe risk — essential in a volatile world Resilient market position in growing market Growth powered by next-generation risk intelligence platform 71 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 72: Three Platform-Led Initiatives To Power Next Phase of Growth
Three Platform-Led Initiatives To Power Next Phase of Growth 1 2 3 Technology Activating Verisk’s Data Extending Risk Analytics Transformation to Advantage for Smarter to Adjacent Markets Verisk Synergy Studio Risk Decisions 72 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 73: Verisk Synergy Studio: A Platform Transformation
GROWTH DRIVER #1 Verisk Synergy Studio: A Platform Transformation of the Risk Solutions Business Faster Delivery of Updated Models Expanded Market Access Launching June 2026 Streamlined Data Flow and Operational Efficiency Integration of Verisk Data Assets for Enhanced Analytics 73 ©2026 Verisk Anal
Slide 74: Connecting the Risk Ecosystem Through an Open, Integrated Platform
GROWTH DRIVER #1 Connecting the Risk Ecosystem Through an Open, Integrated Platform Open standards Fill model gaps Vendor choice Model Exchange Internal models Operate efficiently 74 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 75: Verisk Synergy Studio: A Step-Change in Speed
GROWTH DRIVER #1 Verisk Synergy Studio: A Step-Change in Speed for Portfolio Risk Analysis and Decision-Making 1-3 Hours 90% Less Time <10 Seconds Analysis of Enterprise-Wide Policy-Level Risk Complex Commercial Risk Aggregation Assessment Global Portfolios 75 ©2026 Verisk Analytics, Inc. All rights
Slide 76: Reimagining Risk Data to Deliver Smarter, Faster Loss Intelligence
GROWTH DRIVER #2 Reimagining Risk Data to Deliver Smarter, Faster Loss Intelligence Verisk Property Data Assets Decision Advantages Location (Geocode) Point of Sale Higher loss accuracy Analytics Type (Occupancy) Earlier visibility into risk patterns 360Value (Replacement cost) Faster validation of
Slide 77: Extending Verisk's Risk Intelligence to New, Adjacent Markets
GROWTH DRIVER #3 Extending Verisk’s Risk Intelligence to New, Adjacent Markets Corporations Financial Institutions Investment Management Large enterprises increasingly Banks, mortgage lenders, and asset Physical and non-financial risks conduct in-house risk assessments managers use catastrophe risk
Slide 78: A Multi-Year Revenue Growth Trajectory
A Multi-Year Revenue Growth Trajectory Powered by Three Strategic Drivers 8.5%-9.0% Annual Growth 3 2 Adjacent Market Expansion 1 Data Analytics $400M Innovation Transition to Synergy Studio 2025 2028 78 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 79: Unlocking Growth in a Volatile World
IN SUMMARY Unlocking Growth in a Volatile World Market leadership in an essential, fast-growing catastrophe risk category Platform transformation unlocking speed, scale, and operating leverage Clear line of sight to sustained growth through innovation and adjacent markets 79 ©2026 Verisk Analytics,
Slide 80: Verisk: Questions and Answers
Y= Verisk: < Q&
Slide 81: Break / Solutions Gallery
VE Verisk: Break / Solutions Gallery
Slide 82: Claims Strength: Building an Insight Driven Ecosystem
Claims Strength: Building an Insight Driven Ecosystem Steve Kauderer President, Claims Solutions ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 83: Agenda
Agenda A proven platform, now modernized Leader in large, growing, mission critical markets Multiple levers driving sustained, high quality growth 83 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 84: Claims Solutions at a Glance
Claims Solutions at a Glance Claims Solutions Revenue Split (%) Key Characteristics International 10% Property and Restoration 50+ Years of Insurer data Solutions Casualty 48% 9% $893M revenue 30+ Solutions for entire Claims cycle 1.9B+ Claims records in database Anti-Fraud 33% 2x Ecosystem revenue
Slide 85: Stable Recurring Revenue Base
Stable Recurring Revenue Base Revenue Growth Breakdown of $893M Revenues 7.5% OCC CAGR Transactional Subscription 2025 22% 78% • Growing adoption of digital claims platforms & larger and longer commitments • Client retention rate at 90%+ Recurring revenue grew from ~74% in ‘22 to ~78% in ‘25 2022 20
Slide 86: Diverse Client Base Presents Growth Opportunities
Diverse Client Base Presents Growth Opportunities Client Type (% of Revenue)1 Ecosystem / Other – 7% Ind Adjusters / TPA – 21% 54% – Insurers Contractors – 18% (1) Client Revenue Profile from 2023-2025 86 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 87: Delivered Progress Since Last Investor Day
Delivered Progress Since Last Investor Day Enhanced Go To Accelerated Expanded Leveraged Market Strategy Product Innovation Internationally Claims Ecosystem Subscription Revenue Connected and grew International Revenue Expanded to 100+ active share up 4% proprietary datasets proportion up 4% ecosyst
Slide 88: Agenda
Agenda A proven platform, now modernized Leader in large, growing, mission critical markets Multiple levers driving sustained, high quality growth 88 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 89: Expanding Addressable Market – Outpacing a Growing Market
Expanding Addressable Market – Outpacing a Growing Market Market Size Growth Total +200-300 Addressable Market: bps 6-7% $6B 4% Current Share: ~15% Long-term Our Industry Growth1 Growth Source: Verisk data, A.M. Best, Coalition Against Insurance Fraud (1) Direct written premium growth as reported by
Slide 90: Turning Market Factors Into Competitive Strengths
M ARKET FORCES PL AY TO OUR ADVANTAGE Turning Market Factors Into Competitive Strengths Market Concerns Client Outcomes Cost inflation & Enhanced fraud complexity Proprietary & detection tools Contributory Data Automated Fraud & leakage workflows & in-built pressure validations Domain Expertise Real
Slide 91: Proprietary, Connected Data/Workflows: Powerful Safeguard Against AI
Proprietary, Connected Data/Workflows: Powerful Safeguard Against AI 1.9B+ Embedded Contributory Claims In Insurer Workflows 95%+ industry coverage Powering a large proportion of Unique Claims Data Homeowner property claims Proprietary Formats Embedded Workflows Continuous Feedback Regulatio
Slide 92: Investing in AI to Accelerate Growth and Margin Expansion
Investing in AI to Accelerate Growth and Margin Expansion Expanding Revenue Improving Scale Compounding per Client Economics Platform Value with AI • Unlock high-value use cases • Lowering marginal cost • Generate new analytics from existing data • Increases product density at • Automation review an
Slide 93: Agenda
Agenda A proven platform, now modernized Leader in large, growing, mission critical markets Multiple levers driving sustained, high quality growth 93 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 94: Growth Drivers Fueling an Expanding Insight Driven Ecosystem
Growth Drivers Fueling an Expanding Insight Driven Ecosystem 1. Expanding Claim ecosystems 2. Leveraging datasets to accelerate product innovation 3. Refining Go To Market model driving deeper client relationships 94 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 95: Claims Ecosystem Evolution
GROWTH DRIVER #1 Claims Ecosystem Evolution Results Platform Partner Network AI Enabled “Many to Many” at Scale Expansion Solutions network expansion Open ecosystem driving increased platform activity Alignment to client Leverage scale of platform Tech modernization Differentiated solutions workflow
Slide 96: Case Study: ClaimSearch Evolving to Central Fraud and Investigation Ecosystem
GROWTH DRIVER #1 Case Study: ClaimSearch Evolving from Loss History Database to Central Fraud and Investigation Ecosystem From: To: A leading US P&C loss Facilitating data sharing and fraud history database services across claims life cycle Investigative Signed Partnerships Services 100+ Medical Web
Slide 97: Leveraging Proprietary Data to Support Better Claims Decisions
GROWTH DRIVER #2 Leveraging Proprietary Data to Support Better Claims Decisions Value-Adding Insights Leverage Apply Analytics Support Decision Making Data Assets and AI Large, proprietary Extract patterns, Actionable tools for claims data benchmarks, predictions better claims decisions Automate Cla
Slide 98: Case Study: Innovation in Action – Fraud Detection Capabilities
GROWTH DRIVER #2 Case Study: Innovation in Action – Fraud Detection Capabilities The Need / Verisk Solution Client Impact # of Alerts • Need: Greater reliance on photos/digital documents has introduced new fraud risks Rapid Growth ~30x • Solution: in Contributory Digital Media Forensics Image Datase
Slide 99: Case Study: Innovation in Action – Property Workflow Automation
GROWTH DRIVER #2 Case Study: Innovation in Action – Property Workflow Automation Innovation Impact Result Situation • Estimating property claims requires accuracy, consistency, and compliance with local, state and 48% reduction in Speed cycle times federal rules Our Solution 20% of alerts give 80% C
Slide 100: Ramon Lopes, Claim Assist Solutions
Ramon Lopes Claim Assist Solutions 100 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 101: Refining Go-to-Market Model Driving Deeper, More Strategic Client Relationships
GROWTH DRIVER #3 Refining Go-to-Market Model Driving Deeper, More Strategic Client Relationships Precision Client Client Centric Packages Integrated GTM Strategy Segmentation Expanding ROI to Address Whitespace Greater domain expertise to Packages that deliver cost Cohesive sales, product & address
Slide 102: Case Study: Enterprise Deal Impact at a Top 10 Carrier
GROWTH DRIVER #3 Case Study: Enterprise Deal Impact at a Top 10 Carrier Enterprise Deals Driving Client Centric Solutions and Enhancing Contract Value FROM TO Product Density Core Xact Products All PRS Products Contract Tenure 3 Years 5 Years $40M+ TCV Contract Value $20M+ Total Client Value 20% Ann
Slide 103: Delivering Strong Growth Into the Future
Delivering Strong Growth Into the Future 6.0 – 8.0% Annual Growth 3 2 $893M 1 Accelerating Refined Expanding Product Go-to-Market Claims Innovation Strategy Ecosystem 2025 2028 103 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 104: A Scaled, Insight-Driven Platform Positioned for Sustained, High-Quality Growth
IN SUMMARY A Scaled, Insight-Driven Platform Positioned for Sustained, High-Quality Growth Open Ecosystem built on Centrality, Connectivity and Configurability supporting better insurer workflows Product Innovation driving value enhancing insights by leveraging existing and new datasets Refining Go-
Slide 105: A New Dimension for Growth: Connecting the Ecosystem
A New Dimension for Growth: Connecting the Ecosystem Panel Discussion: Moderator: Lee Shavel, President and CEO • Aaron Brunko, President, Property and Restoration Solutions • Ron Beiderman, Chief Product Officer, Core Lines • Tim Rayner, President, Specialty Business Solutions
Slide 106: A New Dimension for Growth – Connecting the Ecosystem
A New Dimension for Growth – Connecting the Ecosystem 106 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 107: Property and Restoration Solutions at a Glance
Property and Restoration Solutions at a Glance PRS Revenue Split (%) Key Characteristics Ecosystem / Other 10% Insurers 40 years of industry property data 40% ~$425M 140+ integrated ecosystem partners revenue Contractors 200M+ property estimates written 29% Ind Adjusters / TPA 21% 20K pricing line i
Slide 108: Forms, Rules, Loss Costs at a Glance
Forms, Rules, Loss Costs at a Glance FRLC Revenue Split (%) Key Characteristics records of premiums and losses in our 39B industry-leading statistical database Carrier 93% annual detailed premium and loss 3.6B records processed ~$980M revenue lines supported by industry-standard policy 32 language,
Slide 109: Specialty Business Solutions at a Glance
Specialty Business Solutions at a Glance Specialty Business Solutions Revenue Split (%) Key Characteristics $20B+ premium processed annually Broker/MGA 25% 385+ clients Insurers $122M 70% Revenue Reinsurer 1% 40,000+ users Govt/Other 4% 16% ARR growth in 2025 top 5 global brokers and Used By 50/54 L
Slide 110: A New Dimension for Growth: Connecting the Ecosystem
A New Dimension for Aaron Brunko Ron Beiderman Tim Rayner Growth: President, Property and Restoration Chief Product Officer, Core Lines President, Specialty Business Solutions Connecting the Solutions Ecosystem ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 111: Break / Solutions Gallery
VE Verisk: Break / Solutions Gallery
Slide 112: Compounding Growth, Financial Discipline
Compounding Growth, Financial Discipline Elizabeth Mann, Chief Financial Officer ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 113: Agenda
Agenda Resilient, profitable growth engine Disciplined and shareholder-focused capital allocation philosophy Outlook next 3 years: A consistent algorithm 113 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 114: Verisk at a Glance: 2025 Financial Highlights
Verisk at a Glance: 2025 Financial Highlights 2025 Revenue by Geography 6.6% 56.2% OCC Revenue Growth Adj EBITDA Margin Domestic 82% 18% International 83% Recurring revenue 2025 Revenue By Segment Clients include top 100 P&C 95+% Underwriting Solutions 71% 29% Claims Solutions Insurers in the U.S. C
Slide 115: Serving the Global Insurance Industry with Mission Critical Solutions
Serving the Global Insurance Industry with Mission Critical Solutions Claims Intl. Casualty 3% 3% Anti-Fraud 10% Forms, Rules, and Claims Loss Costs 32% 29% Property and Restoration Solutions 14% $3.1B FY25 Revenue Specialty Business Solutions Underwriting 4% 71% Catastrophe and Underwriting Data Ri
Slide 116: We Serve a Diverse Set of Clients across the Insurance Ecosystem
We Serve a Diverse Set of Clients across the Insurance Ecosystem Corporate, Gov't & Other 6% Reinsurers 6% $3.1B Brokers, Insurers & Carriers FY25 Revenue MGA's & 70% MGU's 7% Contractors, Independent Adjusters & TPA's 11% 116 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 117: Verisk Today: Resilient, Predictable and Compounding
Verisk Today: Resilient, Predictable and Compounding Total Revenue Growth 8.9% 5 Year CAGR 8.5% 5 Year CAGR 7.9% 5 Year CAGR 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Annual OCC% Revenue Growth; Average = 7.0% 8.3% 8.7% 7.8% 7.9% 6.7% 6.8% 6.9% 6.5% 7.2% 7.
Slide 118: Verisk Growth Remains Resilient Across Insurance Cycles
Verisk Growth Remains Resilient Across Insurance Cycles Industry DWP Reflects Insurer Premium Growth, Which is More Cyclical 12% 10% Avg Verisk OCC growth: ~7% Verisk OCC Rev Growth 8% 6% DWP Growth Industry Direct Written 4% Premium Growth 5.3% CAGR 2% 0% -2% -4% -6% 2009 2010 2011 2012 2013 2014 2
Slide 119: Powered By Steady and Robust Subscription Revenue Growth
Powered By Steady and Robust Subscription Revenue Growth Revenue Growth 17% Transactional 2.0% OCC CAGR 19% 83% Subscription 8.4% OCC CAGR 81% 2021 2022 2023 2024 2025 119 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 120: Proven Track Record of Margin Expansion
Proven Track Record of Margin Expansion +420 bps 56.2% Key Drivers 54.7% 53.5% Operating Leverage 52.0% • Subscription revenues with high incremental margins Efficiency Gains • Focus on cost discipline • Expansion of global talent optimization Portfolio Impacts • Negative mix shift from faster growi
Slide 121: Proven Track Record for Delivering on our Commitments
Proven Track Record for Delivering on our Commitments March 2023 Results vs. Results Investor Day Targets Target OCC Revenue growth 6-8% +7.5% CAGR OCC EBITDA growth 7-10% +10.0% CAGR Adj EBITDA Margins +250-450 bps +420 bps (over 3 years) (over 3 years) Adj EPS Growth +Double-Digit +12.6% CAGR ROIC
Slide 122: Agenda
Agenda Resilient, profitable growth engine Disciplined and shareholder-focused capital allocation philosophy Outlook next 3 years: A consistent algorithm 122 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 123: Clear and Consistent Capital Allocation Priorities
Clear and Consistent Capital Allocation Priorities 1 2 3 Strong Balance Organic Selective Sheet & Capital Investment M&A Return 123 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 124: We Invest Behind our Highest Return Organic Inventions
PRIORITY #1 We Invest Behind our Highest Return Organic Inventions 8.2% 8.3% 8.4% 7.8% 7.9% New & Enhanced AI & Advanced % of Revenue Datasets Technologies $270M • Expanding data • 35 AI powered $244M sources and projects and solutions partnerships in use today $224M $224M • Creating greenfield • In
Slide 125: Top Innovative Initiatives to Drive Growth
PRIORITY #1 Top Innovative Initiatives to Drive Growth Top Projects by Investment BU 2025 2028 Core Lines Reimagine Auto Suite UWS Aerial Imagery Life expansion Extension to Adjacent Markets CRS Synergy Studio Xactware Suite Upgrade Claims Expand Anti-Fraud SBS Global Marketplace 125 ©2026 Verisk An
Slide 126: Organic Investment In Action: Core Lines Reimagine Drives High-ROI Growth
PRIORITY #1 Organic Investment In Action: Core Lines Reimagine Drives High-ROI Growth Strategy Financial Profile • Accelerated revenue growth by 250+ bps • 5+ year investment program behind core through improved value realization in a heavily franchise driving incremental revenue penetrated product
Slide 127: Record of Successfully Scaling Businesses within our Portfolio
PRIORITY #1 Record of Successfully Scaling Businesses within our Portfolio Specialty Business Solutions Life FRLC Growth Products 8% 12% 23% Revenue $100M $122M $118M CAGR Revenue Revenue CAGR CAGR $68M $77M $35M 2021 2025 2019 2025 2020 2025 127 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 128: Portfolio Actions are Upgrading Verisk's Growth and Margin Profile
PRIORITY #2 Portfolio Actions are Upgrading Verisk’s Growth and Margin Profile Divestitures Acquisitions SuranceBay Model Exchange Verisk Marketing Solutions Rocket Morning Data AER Krug Mavera Whitespace Annualized Revenues ~$85M ~$80M Revenue Growth ~(5)% 15-20% EBITDA Margin ~30% ~40% Federal Gov
Slide 129: Selective M&A Case Study: SuranceBay Expands Verisk's Life & Annuity Offering
PRIORITY #2 Selective M&A Case Study: SuranceBay Expands Verisk’s Life & Annuity Offering M&A Priorities SuranceBay + FAST: End to End Distribution & Workflow Platform 1. Proprietary Data Sets Agent Network Core Policy 2. Emerging Risks & Connectivity Systems Streamlined Expanded Customer Base Licen
Slide 130: Cash Generation Supports a Strong and Disciplined Balance Sheet
PRIORITY #3 Cash Generation Supports a Strong and Disciplined Balance Sheet Sources of Cash Balance Sheet Outcomes Incremental Source Balance Sheet Core FCF Generation Strong Credit Profile of Cash Discipline Business Working Investment– 2-3x Debt to Model: Capital Grade Credit EBITDA $1B+ in Effici
Slide 131: Shareholder Centric Return of Our Robust Free Cash Flow
PRIORITY #3 Shareholder Centric Return of Our Robust Free Cash Flow Free Cash Flow ($M) and % returned to shareholders 15% $1,192 CAGR 73% $920 $831 $784 138% 361% 237% 2022 2023 2024 2025 131 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 132: Balancing a Growing Dividend with Share Repurchase
PRIORITY #3 Balancing a Growing Dividend with Share Repurchase Dividend Per Share Share Repurchase $2,800M 12.7% CAGR $2.00 $1.80 $1.56 $1.36 $1,663M $1.24 $1,500M $1,050M $624M 2022 2023 2024 2025 2026E 2022 2023 2024 2025 2026E 1 $6.7B returned to shareholders since the beginning of 2023 (1) 2026
Slide 133: Agenda
Agenda Resilient, profitable growth engine Disciplined and shareholder-focused capital allocation philosophy Outlook next 3 years: A consistent algorithm 133 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 134: Financial Model Delivers Durable Returns
Financial Model Delivers Durable Returns OCC Revenue Margin EBITDA EPS Strong Balance Disciplined Growth Expansion Growth Growth Sheet Capital Returns 134 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 135: The Next Years: Growth Algorithm (2026–2028)
The Next 3 Years: Growth Algorithm (2026–2028) 100-200 bps 100-200 bps 100-150 bps 6-8% Growth 150-200 bps New Attrition 350-450 bps New Clients Initiatives Upsell / Cross-Sell $3.1B Pricing 2025 2028 135 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 136: All Business Units Growing Faster than Industry
All Business Units Growing Faster than Industry Revenue Contribution and Growth Outlook 15% Size of circle represents % Revenue contribution Specialty Catastrophe & Life Business Property and Risk Solutions Solutions 10% Restoration Claims Anti-Fraud International Forms, Rules, Underwriting UW Solut
Slide 137: Structural Margin Expansion Driven By Operating Leverage and Cost Discipline
Structural Margin Expansion Driven By Operating Leverage and Cost Discipline, Despite Portfolio Mix Headwinds 25-75 Operating Efficiency Portfolio bps Leverage Gains Impacts Annually 56.2% 52.0% • Advanced • Mix shift from faster • Subscription technologies growing, lower revenues drive high margin
Slide 138: Long-Term Financial Targets
R E S U LT S O F O U R S T R A T E G Y: Long-Term Financial Targets Annual OCC Revenue OCC Adj EBITDA Adj EBITDA Adj EPS Capital Growth Growth Margin Expansion Growth Return 6-8% 7-10% 25-75bps LDD% >75% of FCF 138 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 139: Compounding Growth. Financial Discipline
IN SUMMARY Compounding Growth. Financial Discipline Long track record of delivering consistent and compounding growth Continued margin expansion driven by operational efficiency and cost discipline Financial discipline powers our capital allocation philosophy Deep Commitment to returning capital to
Slide 140: Verisk: Questions and Answers
Y= Verisk: < Q&
Slide 141: Wrap-Up
Wrap-Up Lee Shavel, President & CEO ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 142: Feedback on Today's Event
Feedback on Today’s Event Thank you for joining us for our 2026 Investor Day. We hope you found it informative. Your feedback is important to us, so we would appreciate it if you could fill out a quick survey - it should take only 2-3 minutes. The answers are all anonymous. This survey will be onlin
Slide 143: The Verisk Formula: Resilience, Differentiation, and Disciplined Execution
IN SUMMARY The Verisk Formula: Resilience, Differentiation, and Disciplined Execution 1 2 3 The Foundation: The Differentiation: The Strategy: Profitable Durable & compounding Data, trust, innovation growth, capital discipline 143 ©2026 Verisk Analytics, Inc. All rights reserved.
Slide 144: Investor Day
March 5, 2026 Investor Day Verisk Analytics