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Verisk Names Saurabh Khemka President of Underwriting Solutions

1. Saurabh Khemka appointed president of Underwriting Solutions at Verisk. 2. Khemka aims to enhance client partnerships and automate underwriting processes. 3. Doug Caccese will transition to a strategic advisor role until January 2026. 4. Caccese's departure marks a leadership change after almost 11 years at Verisk. 5. Verisk continues to focus on innovation in insurance services leveraging AI.

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Why Bullish?

The leadership change positions Verisk for innovation in underwriting, potentially improving efficiency and revenues. Historical instances show that effective leadership transitions can boost investor confidence, as seen in similar tech firms.

How important is it?

The appointment of a capable leader suggests strategic alignment with market needs, impacting VRSK positively. As Verisk leads in analytics and technology for insurance, improvements in leadership directly correlate with company performance.

Why Long Term?

Khemka's emphasis on long-term initiatives like Core Lines Reimagine suggests sustained impacts on business strategy and market positioning, which could lead to gradual growth in share price.

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Doug Caccese steps into strategic advisor role before leaving Verisk in January 2026 September 30, 2025 08:30 ET  | Source: Verisk Analytics, Inc. JERSEY CITY, N.J., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced that Saurabh Khemka has been named president of Underwriting Solutions, effective immediately. “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, Verisk. “I’m confident that he will accelerate our partnership with our global underwriting clients and partners.” About Khemka As president, Khemka will oversee all of Verisk’s Underwriting Solutions business. Khemka has held several leadership roles since joining Verisk more than 12 years ago. Most recently, he served as co-president of Underwriting Solutions since 2024, leading Core Lines and Life Solutions. Prior to that, he served as president of Core Line Services. He is the principal architect and driving force behind the Core Lines Reimagine initiative—a multi-year initiative to modernize core insurance services including forms, rules and loss costs. Prior to joining Verisk, he was a principal at Bain & Company. “I am incredibly honored to take on this expanded role overseeing all of Underwriting Solutions,” Khemka said. “This broader scope allows me to drive an even greater impact across the insurance industry by helping clients digitalize and automate their end-to-end underwriting processes, surface deeper insights and responsibly unlock the full potential of technologies like artificial intelligence.” Doug Caccese steps into strategic advisor role, will leave Verisk in January 2026 Doug Caccese, who has been serving as co-president of Underwriting Solutions alongside Khemka, will be leaving Verisk in January 2026. Until then, he will serve as a strategic advisor to ensure a smooth transition. An insurance industry veteran, Caccese held several leadership roles during his nearly 11-year career at Verisk including president of domestic P&C underwriting and personal lines. “Doug has played an integral role in growing our Underwriting Solutions business throughout his tenure,” Shavel said. “We are grateful for his many contributions, leadership and partnership over the years, and we wish him the greatest success in the future.” About Verisk Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom. Saurabh Khemka Saurabh Khemka President of Underwriting Solutions Contact Data Media contact Alberto Canal Verisk 201-469-2618 Alberto.canal@verisk.com

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