Verisk CEO Lee Shavel to Assume Role as President, as Mark Anquillare Steps Down

JERSEY CITY, N.J., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics provider, announced that Mark V. Anquillare is stepping down from Verisk as of January 15, 2023. Anquillare has been serving as president and chief operating officer since May 2022. Chief Executive Officer Lee M. Shavel will assume the role of president, serving concurrent roles as president and CEO.

โ€œMark has been a terrific partner and a dedicated and accomplished leader at Verisk for more than three decades. We are grateful for his leadership and many contributions that have expanded the ways we support our customers and fostered a culture of customer-centricity, innovation and collaboration,โ€ said Lee Shavel, Verisk CEO. โ€œWe have an experienced leadership team that will continue to advance how we enable the strategic priorities of the global insurance industry.โ€

Anquillare has been instrumental in growing the companyโ€™s insurance vertical and aligning the companyโ€™s enterprise risk assessment and management with its core operations. He joined Verisk in 1992 and has held a number of leadership positions of increasing responsibility. He served as CFO during the companyโ€™s IPO in 2009 and through 2016. In 2016, Anquillare was named COO and led the companyโ€™s insurance vertical.

โ€œIt has been an immense honor to help Verisk grow from its modest, non-profit roots into a global organization that plays a crucial role in supporting and advancing the important work of the global insurance industry,โ€ Anquillare said. โ€œAs I leave Verisk, the company is uniquely positioned to address the opportunities and challenges before the industry by ushering in a new era of innovations.โ€

Biographies for Lee M. Shavel and Mark V. Anquillare can beย found here.

About Verisk
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification byย Great Place to Workย and fosters anย inclusive cultureย where all team members feel they belong. For more, visitย Verisk.comย and theย Verisk Newsroom.

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Investor Relations
Stacey Brodbar
Head of Investor Relations
Verisk
201-469-4327
IR@verisk.com

Media Relations
Alberto Canal
201-469-2618
alberto.canal@verisk.com

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