(Lee M. Shavel, CEO, Verisk. Image source: Verisk.)
Verisk (Jersey City, N.J.), a global data analytics provider, has announced leadership appointments, with Lee M. Shavel elevated to the CEO role and Mark V. Anquillare to President, following the company’s annual shareholder meeting. Shavel was also elected to the Verisk Board of Directors. Verisk also elected three new independent directors to its Board of Directors: Jeffrey Dailey, Wendy Lane and Kimberly S. Stevenson.
“Verisk has a profound opportunity to help the insurance industry evolve in a new digital environment, integrate and activate rapidly growing data sets and achieve new levels of efficiency,” comments Shavel. “With our industry knowledge, technical expertise and established client relationships, we are uniquely positioned to address their needs as an essential technology partner. I’m humbled to assume the role of Verisk CEO, and I will be focused on value creation for our customers, colleagues and shareholders. This is a great responsibility and one I truly cherish.”
Most recently, Shavel served as CFO and group president for Verisk. Anquillare served as COO and group president. Verisk describes Shavel and Anquillare as architects and drivers of of the firm’s growth, increased efficiency and an innovation agenda that has helped the insurance industry successfully turn data into actionable insights and accelerate its digital transformation.
“With a sharpened focus on serving the insurance industry, we’ve optimized our path toward continued growth and enhanced value creation,” comments Anquillare. “At such a pivotal moment for the industry, Verisk is poised to empower new opportunities for our customers and colleagues around the globe.”
Verisk says Shavel’s replacement as CFO will be named at a later date.