Verisk names Saurabh Khemka as president of Underwriting Solutions

JERSEY CITY, N.J. - Verisk (NASDAQ:VRSK), a $34.76 billion market cap data analytics company currently trading at $248.78, announced Tuesday that Saurabh Khemka has been appointed president of Underwriting Solutions, effective immediately.

Khemka, who has been with the data analytics company for over 12 years, previously served as co-president of Underwriting Solutions since 2024, where he led Core Lines and Life Solutions. In his new role, he will oversee all of Verisk’s Underwriting Solutions business. According to InvestingPro data, Verisk maintains impressive gross profit margins of 69.39% and has demonstrated solid revenue growth of 7.6% over the last twelve months.

"Saurabh has been a great partner to our underwriting clients and has repeatedly used their needs to shape how his team innovates and invents solutions that drive greater accuracy, efficiency and value," said Lee Shavel, president and CEO of Verisk.

Khemka is credited as the principal architect behind the Core Lines Reimagine initiative, a multi-year project to modernize core insurance services. Before joining Verisk, he was a principal at Bain & Company.

Doug Caccese, who has been serving as co-president of Underwriting Solutions alongside Khemka, will transition to a strategic advisor role before departing the company in January 2026. Caccese has held several leadership positions during his nearly 11-year career at Verisk.

Verisk provides strategic data analytics and technology services to the global insurance industry, with teams operating in more than 20 countries.

The announcement was made in a company press release.

In other recent news, Verisk Analytics reported its Q2 2025 earnings, surpassing analyst expectations with an earnings per share of $1.88, compared to the forecasted $1.77. The company’s revenue for the quarter reached $773 million, slightly above the anticipated $768.74 million. Additionally, Verisk launched XactAI, a new suite of artificial intelligence capabilities integrated into its Xactware property claims software, aiming to streamline claims processing. Wolfe Research initiated coverage on Verisk Analytics with an Outperform rating and a $320 price target, highlighting the company’s strong structural position and recurring revenue growth profile. These developments reflect Verisk’s ongoing efforts to enhance its offerings and maintain its industry-leading margins.

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