Best Shipping Companies To Invest In 2015

Best Shipping Companies To Invest In 2015: Verisk Analytics Inc (VRSK)

Verisk Analytics, Inc. (Verisk) is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management. Verisk enable risk-bearing businesses to understand and manage their risks. The Company provides its customers by supplying data that, combined with its analytic methods, creates embedded decision support solutions. Verisk organizes its business in two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment provides statistical, actuarial and underwriting data for the United States property and casualty (P&C) insurance industry. Its Decision Analytics segment provides solutions its customers use to analyze the processes of the Verisk Risk Analysis Framework: Prediction of Loss, Detection and Prevention of Fraud, and Quantification of Loss. On June 17, 2011, it acquired the net assets of Health Risk Partners, LLC (HRP). On April 27, 2011, it acquired 100% interest of Bloodhound Techn ologies, Inc. (Bloodhound).

Risk Assessment Segment

Verisks Risk Assessment segment serves P&C insurance customers and focuses on the first two decision making processes in its Risk Analysis Framework: loss prediction, and selection and pricing of risk. The Company also provides solutions to help its insurance customers comply with their reporting requirements in each United States in which they operate. The Companys customer includes most of the P&C insurance providers in the United States. It aggregates the data and, as a licensed statistical agent in all 50 states, Puerto Rico and the District of Columbia, it reports these statistics to insurance regulators. The Company uses its technology to assemble, organize and update amounts of detailed information submitted by its customers. It supplements this data with publicly available information. Each year, P&C insurers send the Company approximately 2.9 billion detailed indivi! dual records of i nsurance transactions, such as insurance premiums collected ! or losses incurred. It maintains a database of over 15.8 billion statistical records, including approximately 6.1 billion commercial lines records and approximately 9.7 billion personal lines records. It collects unit-transaction detail of each premium and loss record, which enhances the validity, reliability and accuracy of the data sets and its actuarial analyses.

The Company provides actuarial services to help its customers price their risks as they underwrite. It projects future losses and loss expenses utilizing a range of data. It provides loss costs by coverage, class, territory, and many other categories. Its customers can use its estimates of future loss costs in making independent decisions about the prices charged for their policies. It makes a number of actuarial adjustments, including loss development and loss adjustment expenses before the data is used to estimate future loss costs. Its actuarial services are also used to create the analytics unde rlying its industry-standard insurance programs. In addition, its actuarial consultants provide customized services for its clients, which include assisting them with the development of independent insurance programs, analysis of their own underwriting experience, development of classification systems and rating plans, and a wide variety of other business decisions. It also supplies information to a range of customers in other markets, including reinsurance, government agencies and real estate.

The Company gathers information on individual properties and communities. Its property-specific rating and underwriting information allow the customers to understand, quantify, underwrite, mitigate, and avoid potential loss for residential and commercial properties. Its database contains loss costs and other vital information on over 3.3 million commercial buildings in the United States and also holds information on more than six million individua! l busines! ses occupying t hose buildings. It also provides analytic measures of the ab! ility of ! individual communities to mitigate losses from important perils. It provides field-verified and validated data on the fire protection services for more than 46,000 fire response jurisdictions. It also offers services to evaluate the effectiveness of community enforcement of building codes. It provides information on the insurance rating territories, premium taxes, crime risk, and hazards of windstorm, earthquake, wildfire, and other perils.

The Company competes with National Independent Statistical Service, the Independent Statistical Service, American Association of Insurance Services, Mutual Services Organization, Overland Solutions, Inc., Regional Reporting, Inc., CDS, Inc., Deloitte Consulting LLP, Pinnacle Consulting and EMB.

Decision Analytics Segment

In the Decision Analytics segment, the Company supports all four phases of its Risk Analysis Framework. It develops predictive models to forecast scenarios and produce both standard and customized analytics. It is a provider of fraud-detection tools for the P&C insurance industry. Its fraud solutions improve its customers profitability by both predicting the likelihood that fraud is occurring and detecting suspicious activity after it has occurred. When a claim is submitted, its system searches its database and returns information about other claims filed by the same individuals or businesses (either as claimants or insurers), which help the customers determine if fraud has occurred. Its system also includes name and address searching to perform intelligent searches and improve the overall quality of the matches.

The Company provides data, analytic and networking products for professionals involved in estimating all phases of building repair and reconstruction. It provides solutions for every phase of a buildings life, including quantifying the ultimate cost of repair or reconstruction of damaged or destr! oyed buil! dings; aiding in th e settlement of insurance claims, and tracking the process o! f repair ! or reconstruction and facilitating communication among insurers, adjusters, contractors and policyholders. It also offers customers access to wholesale and retail price lists, which include structural repair and restoration pricing for 467 separate economic areas in North America.

The Companys database contains information on nearly 800 million claims. Insurers and other participants submit new claim reports, more than 239,000 a day on average, across all categories of the United States P&C insurance industry. It also provides a service allowing insurers to report thefts of automobiles and property; a service that helps owners and insurers recover stolen heavy construction and agricultural equipment; a scoring system that helps distinguish between suspicious and meritorious claims, and products that use link-analysis technology to help visualize and fight insurance fraud. The Company is a provider of automated fraud detection, compliance and decision-support tools for the mortgage industry. Utilizing its own loan level application database combined with actual mortgage loan performance data, it has established a risk scoring system which increases its customers ability to detect fraud.

The Company provides solutions that detect fraud through each step of the mortgage lifecycle and provide regulatory compliance solutions that perform instant compliance reviews of each mortgage application. Its database contains more than 21 million current and historical loan applications collected over the past ten years. This database contains data from loan applications, as well as supplementary third-party data. It also provides forensic audit services for the mortgage origination and mortgage insurance industries. Its predictive screening tools predict, which defaulted loans are the candidates for full audits for the purpose of detecting fraud.

The Company offers solutions that hel! p healthc! are claims payors detec t fraud, abuse and overpayment. It runs its customers cla! ims throu! gh its analytic system to identify potential fraud, abuse and overpayment, and then a registered nurse, physician or other clinical specialist skilled in coding and reimbursement decisions reviews all suspect claims and billing patterns. It analyzes the patterns of claims produced by individual physicians, physicians practices, hospitals, dentists, and pharmacies to locate the sources of fraud. It also offers Web-based reporting tools that let payors take definitive action to prevent overpayments or payment of fraudulent claims. The tools provide the documentation that helps to identify, investigate and prevent abusive and fraudulent activity by providers.

The Company is a provider of healthcare business intelligence and predictive modeling. It provides analytical and reporting systems to health insurers, provider organizations and self-insured employers. Those organizations use its solutions to review their healthcare data, including information on claims, m embership, providers and utilization, and provide cost trends, forecasts and actuarial, financial and utilization analyses. It also provides its customers healthcare services using complex clinical analyses to uncover reasons behind cost and utilization increases. It provides financial and actuarial analyses, clinical, technical and implementation services and training services to help its customers manage costs and risks to their practices.

The Company competes with Risk Management Solutions, LexisNexis Risk Solutions, MSB, Solera, Computer Sciences Corporation, Fair Isaac Corporation, OptumInsight, McKesson, Medstat, MedAssurant, iHealth, CoreLogic and DataVerify Corporation.

Advisors' Opinion:

• [By WWW.GURUFOCUS.COM]

  Shares of Verisk Analytics, Inc. (VRSK), a provider of data and analytics to insurance, health care and financial end markets, declined on t! epid resu! lts for the fourth quarter 2013. Trends in its health care unit improved modestly, although this strength was offset by slightly slower growth in its core insurance units. Verisk is investing aggressively across its businesses to broaden and deepen its set of data and analytics, particularly in healthcare, where we believe the long-term opportunity is significant. While this investment weighs on near-term margins, we are confident that this strategy will lead to sustained organic growth.

• [By Lauren Pollock]

  Verisk Analytics Inc.(VRSK) agreed to acquire EagleView Technology Corp. for $637 million, a move the company expects will enhance its position in the imagery analytics market.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-shipping-companies-to-invest-in-2015.html