Davis Polk advised Verisk Analytics, Inc. on its SEC-registered follow-on public offering of 10,604,000 shares of Class A common stock including 964,000 shares that the underwriters purchased pursuant to their option to purchase additional shares. The shares are listed on the NASDAQ Global Select Market under the symbol “VRSK.” The gross proceeds of the offering were $742 million, which Verisk intends to use to partially finance its acquisition of Wood Mackenzie Limited.   

Verisk is a leading provider of information about risk to professionals in insurance, healthcare, financial services, government, supply chain and risk management. In 2014, Verisk’s customers included all of the top 100 property and casualty insurance providers in the U.S. for the lines of property and casualty insurance services it offers, 29 of the top 30 credit card issuers in North America, the United Kingdom and Australia, as well as 9 of the top 10 health plan providers in the U.S.    

Wood Mackenzie is a leading provider of industry standard commercial analytics for the global energy, chemicals and metals and mining industries. Headquartered in Edinburgh, Wood Mackenzie has a 40-plus year track record of providing objective analysis and advice on energy assets, companies and markets and has customers in over 80 countries around the world.    

The Davis Polk corporate team included partner Richard J. Sandler and associates Yasin Keshvargar, Eric Xiyu Li and Eileen Juyon Park. The tax team included partner Michael Mollerus and associate Isaac MacDonald. Associate Jake H. Wang provided investment management act advice. All members of the Davis Polk team are based in the New York office.    

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