HomeTechVerisk to replace two board members set to retire

Verisk to replace two board members set to retire

Verisk, the Jersey City-based global data analytics and technology company, has announced key changes to its board of directors, with two longtime members set to retire and two new nominees preparing to step in.

At the company’s annual meeting in May, retired Gen. Vincent Brooks and Wendy Lane will officially step down from their roles. Brooks, who joined the board in 2020, served on Verisk’s Risk and Talent Management and Compensation committees. Lane, a board member since 2022, contributed to the Finance and Investment and Talent Management and Compensation committees.

“On behalf of my colleagues on the board and the Verisk team, I would like to express our deep gratitude for Vince and Wendy for their leadership, guidance and commitment to enhancing shareholder value during a period of significant organizational transformation for the company,” said Bruce Hansen, chair of Verisk’s Board of Directors.

In their place, Christopher J. Perry and Sabra R. Purtill have been nominated to stand for election at the upcoming shareholder meeting.

Perry is president of Broadridge Financial Solutions Inc., where he leads the firm’s global go-to-market organization and oversees its international business. Prior to Broadridge, he held leadership roles at Thomson Reuters and its predecessor, Thomson Financial. He also serves on several nonprofit boards, including Make-A-Wish Foundation of New Jersey, NPower, and the Community Food Bank of New Jersey.

Purtill, an experienced financial executive, most recently served as chief financial officer at AIG from January 2023 to November 2024. During her 35-year career, she has held senior leadership positions at The Hartford, Assured Guaranty Ltd., and Chubb Limited. She also chairs the advisory board to the Center for Politics at the University of Virginia.

Verisk President and CEO Lee M. Shavel emphasized that the two new nominees will bring valuable insights to the board, particularly in the insurance, financial services, and data analytics sectors.

“Sabra and Chris collectively have incredible insurance, financial, and information services industry experience, and their perspectives and leadership will be invaluable assets to Verisk’s leadership and Board of Directors,” Shavel said. “I look forward to working closely with them as we execute on our strategy to deliver value to the insurance ecosystem and continue our growth trajectory.”

The leadership transition comes as Verisk continues to refine its focus as a strategic data analytics and technology provider for the global insurance industry. The company, which provides critical risk assessment and decision-making solutions, has been restructuring in recent years to strengthen its position as a key partner for insurers and financial services firms.

Verisk’s board changes reflect the company’s broader strategic realignment, as it seeks to expand its role in shaping the future of insurance technology and analytics.

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