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22 March 2025

Verisk Nominates Two New Directors Amid Board Changes

The company looks to enhance its leadership with industry veterans Christopher Perry and Sabra Purtill as current members prepare to retire.

Verisk, a leading global data analytics and technology provider, announced on March 21, 2025, the nomination of Christopher J. Perry and Sabra R. Purtill to its Board of Directors. The nomination comes as the company prepares for its Annual Meeting, where the nominees are set to stand for election on May 20, 2025. Perry, who is the president of Broadridge Financial Solutions, brings extensive experience in financial services, while Purtill, currently an advisor at American International Group, Inc., has over 35 years in the insurance and financial services industry.

Bruce Hansen, chair of Verisk’s Board of Directors, expressed his excitement about the nomination, stating, “We look forward to welcoming Chris and Sabra to the board and benefiting from their deep operating expertise along with their unique insights into highly relevant global industries.” Lee M. Shavel, president and CEO of Verisk, added, “Sabra and Chris collectively have incredible insurance, financial, and information services industry experience, and their perspectives and leadership will be invaluable assets to Verisk’s leadership and Board of Directors.”

Perry’s career includes leading Broadridge's global go-to-market organization, overseeing corporate development and international business strategies. Prior to joining Broadridge, he held various management and commercial roles at Thomson Reuters and its predecessor, Thomson Financial. He is also on the Board of Directors for the Financial Services Institute.

Meanwhile, Purtill has held senior roles at several prominent firms including AIG, where she served as deputy chief financial officer, treasurer, and most recently, chief financial officer from January 2023 to November 2024. Her extensive background in corporate finance, capital markets, and investment strategies will be essential for Verisk. Purtill is also chair of the Advisory Board to the Center for Politics at the University of Virginia.

As Verisk announces these nominations, it also reveals that retired General Vincent Brooks and Wendy Lane will retire from the Board of Directors effective May 20, 2025. Brooks joined the board in 2020 and was active on committees concerning risk management and compensation, while Lane became a board member in 2022, contributing to finance and talent management discussions. Hansen remarked, “On behalf of my colleagues on the board and the Verisk team, I would like to express our deep gratitude for Vince and Wendy for their leadership, guidance and commitment to enhancing shareholder value during a period of significant organizational transformation for the company.”

This renewal of the board comes amid Verisk’s continued growth as a strategic partner to the global insurance industry, where it aims to improve operational efficiency and combat fraud through advanced data analytics. Operating in over 20 countries, Verisk is dedicated to enhancing its clients' decision-making regarding global risks, including climate change and extreme events.

Lee M. Shavel emphasized the importance of this strategic appointment, highlighting the prospects brought by both Perry and Purtill to execute the company's vision moving forward. Their collective experiences from highly relevant sectors align well with Verisk's objectives to maintain its competitive edge in a transformative industry.

According to Shavel, “I look forward to working closely with them as we execute on our strategy to deliver value to the insurance ecosystem and continue our growth trajectory.” This demonstrates Verisk’s commitment to not only adapt but thrive amid changing market demands.

As the world evolves, so does Verisk, by embracing a forward-thinking approach to leadership and innovation. The upcoming Annual Meeting will be pivotal, not only for the election of new board members but for the company as it navigates significant organizational shifts aimed at reinforcing its position in the global insurance market.

Verisk operates as a premier strategic data analytics and technology partner. The company’s expertise enables clients to enhance operating efficiency and improve underwriting and claims outcomes while addressing pertinent global risks. With clear objectives and an expanding influence, Verisk is well positioned to continue its trajectory of growth and resilience.

For more information on Verisk and its initiatives, visit Verisk.com.