Verisk reacts to DE Shaw criticism with new directors and insurance focus
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Verisk reacts to DE Shaw criticism with new directors and insurance focus

Samuel Casey
21 March 2022
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Data and modelling company Verisk has committed to moving towards being an insurance-focused data company and added three new directors to its board following a stinging public criticism from investor DE Shaw.

The investment company went public late last week with grievances about the underperformance of Verisk shares, and said that there was a potential $20bn of value to be created if the company followed its recommendations, including repositioning as a...

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Samuel Casey
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