Walking a tightrope: Verisk’s new CEO on opportunities and ‘pain points’

27-05-2022

Walking a tightrope: Verisk’s new CEO on opportunities and ‘pain points’

Lee Shavel, CEO, Verisk

Verisk’s Lee Shavel has taken the reins in a volatile period for the risk transfer industry. He explained why that can mean opportunity for his firm—and why the industry is walking a tightrope with regard to inflation.

To create value for shareholders, the key is not about thinking about shareholders. Instead, a company should focus first on creating value for clients and employees. While it’s not always easy, do that, and the rest will flow.

That is the view of Lee Shavel, the new chief executive officer of data analytics and risk company Verisk. He said that ethos was once explained to him by a mentor. It has resonated with him since and now informs the company’s future growth strategy.

Shavel believes that logic can be more important to the operational and financial success of a company than the traditional value pillars of seeking high returns and looking to achieve maximum profits.


Verisk, Technology, Data Analytics, Insurance, Reinsurance, Lee Shavel, North America

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