Verisk Analytics, a source of information about risk, has formed Verisk Climate to respond to growing concerns tied to managing enterprise climate and environmental risks by increasing service to customers during high-impact events and improving resilience to the growing effects of environmental extremes.

Verisk expects the new climate division’s focus on reducing risk in operational processes, such as mitigating environmental disruption across the supply chain or informing underwriting at the point of sale, to complement AIR’s focus on managing the risk of financial loss for insurers, reinsurers, brokers and insurance-linked securities investors.

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