Verisk Analytics Forms Crime Analytics Division

Verisk Analytics, Inc., a leading source of information about risk, announces the formation of Verisk Crime Analytics. The division reflects the company's recent growth in crime analytics as well as the market potential in this area.

As a result of recent product launches and acquisitions, Verisk now owns and operates national crime databases that provide services to the insurance, construction, retail, transportation, and manufacturing industries. Those databases also support law enforcement operations.

The assets of Verisk Crime Analytics include national databases for mobile equipment, cargo theft, organized retail crime, and bank crime incidents. Vincent Cialdella, senior vice president of Verisk Insurance Solutions, explains that "the Verisk Crime Analytics division will help us evolve our crime-related analytical tools into an integrated solution that bridges the gap between the public and private sectors. In doing so, we'll unlock further value for the industries we serve."

Verisk Crime Analytics is headed by David Shillingford, who has led the development and acquisition of the assets that make up the division. Shillingford believes "the economic downturn has both increased the motivation for certain crimes and put public safety budgets under pressure. It's therefore imperative that private industry become better at collaborating and sharing data with the public sector and creating analytical crime prevention methods through a new breed of public-private partnerships. That's the basis of our solution set."

 

Comments

Resource Center

View All »

Making Coverage Letters Work for Your Clients

If you're a broker or insurance buyer with any length of service in the commercial...

Complimentary White Paper: The Compression of Workplace Time

How brokers and carriers respond to the compression of workplace time will create significant competitive...

The Changing Insurance Consumer: 6 Ways to Create Profitable Relationships

Today’s mobile and web-savvy consumers have new expectations when it comes to interacting with your...

Contractors General Liability Coverage 102

What is a prior work exclusion? Which option is right for my client? Why do...

Sign up today to get a 50% matching credit -...

Insurance marketing sometimes seems like it's a game of swings and misses, but we're here...

Guide: 5 Steps to Selling Cyber

Cyber risk and data security is on the agenda of every business owner and executive....

Citation Correlation

Do rigger and signalperson qualifications correlate with the cause of crane and rigging accidents? ...

Complete Guide to Electronic Signatures in Property & Casualty Insurance...

In property and casualty insurance, closing new business quickly is key. Learn how to leverage...

INSTANT ACCESS: Complimentary Sales Closer Questionnaires

Help property owners or managers compare your commercial residential property insurance coverage vs. the competition....

Determining Vacant Property Perils and Valuations

Are your clients fully covered for Vacant Properties? In this economic climate, your insureds may...

Tech Digest eNewsletter

Technology related insights for insurance professionals including key developments, solution providers and news briefs from the carrier front – FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.