Davis Polk & Wardwell LLP advised Verisk Analytics, Inc. on its SEC-registered follow-on public offering of 21,885,092 shares of Class A common stock for a price to the public of approximately $596 million, including 2,854,577 shares that the underwriters purchased pursuant to an over-allotment option. All shares are being sold by existing stockholders. The shares are listed on the Nasdaq Global Select Market under the symbol “VRSK.” BofA Merrill Lynch, Morgan Stanley and J.P. Morgan were the joint book-running managers of the offering. Concurrently with the closing of the offering, Verisk repurchased 7,300,000 shares of its Class B common stock directly from selling stockholders for an aggregate price of approximately $192 million.

Verisk is the largest aggregator and provider of detailed actuarial and underwriting data pertaining to U.S. property and casualty, or P&C, insurance risks, offering solutions for detecting fraud in the U.S. P&C insurance, healthcare and mortgage industries, and sophisticated methods to predict and quantify loss in diverse contexts ranging from natural catastrophes to health insurance.

The Davis Polk corporate team included partner Richard J. Sandler and associates Zachary J. Zweihorn (of the Washington DC office) and Christopher R. Bornhorst. Counsel Ada Dekhtyar Karczmer provided executive compensation and employee benefits advice. Johanna Anchundia was the legal assistant for the transaction. Except where noted above, all members of the Davis Polk team are based in the New York office.