Verisk adds new exec, adds to two others’ roles

Verisk, the Jersey City-based data analytics company, has made a number of executive changes designed to fuel long-term growth through cohesive leadership, it announced Thursday.

In the first move, Kathy Card Beckles is joining the company as executive vice president, general counsel and corporate secretary. She starts her new roles in April.

In addition, Mark Anguillare and Lee Shavel have been appointed group presidents, with expanded responsibilities. Anguillare will now oversee enterprise risk management, while Shavel will have operational oversight of the energy, specialized markets and financial services segments.

Card Beckles joins the company from Chase Consumer Bank, where she was general counsel. She replaces Kenneth Thompson, who is retiring. Thompson will remain as executive counsel to ensure a smooth transition, the company noted.

“We’re thrilled to have Kathy join our already deep and talented Verisk executive management team to lead our world-class legal function,” Scott Stephenson, chairman, CEO and president, said in a prepared statement. “Kathy brings extensive experience in intellectual property and technology, and significant expertise partnering with and advising boards of directors and management teams.”

Meanwhile, Anguillare, who is the company’s chief operating officer, will add the new responsibilities to his current duties leading the company’s insurance and government-facing businesses, to more closely tie together enterprise risk assessment and management to core operations.

And Shavel, the chief financial officer, will use his new responsibilities to better strengthen the link between Verisk’s capital allocation discipline and business unit operations.

“It’s difficult to overstate the contributions that Mark and Lee have had on our clients’ success and the evolution of our business,” Stephenson said. “We are fortunate to have the benefit of their leadership, expertise and the examples they set each day in living our commitment to customers.

“By expanding Lee and Mark’s roles, and bringing Kathy on board, we are augmenting an already-strong leadership team that will continue to drive the innovations necessary for our growth and positive customer outcomes for years to come.”