Strong Revenue and Subscription Growth
First quarter revenue was $753 million, up 7% year-over-year, with organic constant currency revenue growth of 7.9% driven by 10.6% subscription growth.
Margin Expansion
Adjusted EBITDA margin increased by 130 basis points to 55.3%, reflecting strong sales leverage and cost discipline.
Insurance Industry Profitability
The insurance industry returned to profitability in 2024 with an underwriting gain of $25 billion, marking the first gain in 4 years.
Advanced Data and Analytics Initiatives
Introduction of new tools such as the Actuarial Hub and Verisk Synergy Studio, enhancing data insights and connectivity for clients.
Successful Strategic Acquisition
Acquisition of Simplitium from NASDAQ, adding over 300 third-party models to the Extreme Events business.