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Lee Shavel

Chief Executive Officer, President & Director, Verisk Analytics

Search every verified Lee Shavel interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Lee Shavel, president and CEO of Verisk Analytics, said on the company's first-quarter 2026 earnings call that Verisk is "introducing new innovations to the market at a faster rate" and that the company won a competitive RFP to become the strategic partner of a global insurance firm for a digitally native underwriting entity. During the same call, Shavel stated that Verisk clients have "moved beyond an experimentation and an exploration phase in 2025" regarding AI and are now focused on integrating data into their functions. He characterized the sustainability of subscription growth as "strong" and noted that AI-driven enhancements were contributing to client engagement. In the prior quarter, Shavel discussed the termination of the agreement to acquire Aculinks, citing an extended FTC review as a factor, and announced a $1.5 billion accelerated share repurchase program. He highlighted that Verisk's data sets and insurance-specific expertise create a barrier for general AI companies, and that the company's wildfire model was submitted to the California Department of Insurance, with client interest in the model increasing after the Los Angeles wildfires, which Verisk estimated would result in $28 to $35 billion in industry losses.

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