Head-to-head · Insurance Analytics Software
FIS Insurance Risk Suite vs Verisk Insurance Analytics
FIS Insurance Risk Suite leads on 0 checks, Verisk Insurance Analytics on 0, and 1 is even. Who comes out ahead on the 1 yes/no, price and count check where we have data for both products. The editor score weighs everything else too.
Our verdict
- Highest scoreFIS Insurance Risk Suite · 9.3/10
FIS Insurance Risk Suite scores higher on our rubric for insurance analytics software: 9.3 against 9.0 out of 10; our editors rank them #2 and #5.
FIS Insurance Risk Suite is the better fit for insurers needing end-to-end actuarial risk management. Verisk Insurance Analytics is the better fit for insurers modeling catastrophe risk across portfolios.
- FIS Insurance Risk Suite fits best
Insurers needing end-to-end actuarial risk management
- Verisk Insurance Analytics fits best
Insurers modeling catastrophe risk across portfolios
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Side by side
| Feature | FIS Insurance Risk Suite 9.3/10 Visit ↗ | Verisk Insurance Analytics 9.0/10 Visit ↗ |
|---|---|---|
| At a glance | ||
| Editor score | 9.3 | 9.0 |
| Ranking | #2 in Insurance Analytics Software | #5 in Insurance Analytics Software |
| Best for | Insurers needing end-to-end actuarial risk management | Insurers modeling catastrophe risk across portfolios |
| Pricing model | Paid | Paid |
| Starting price | Not published | Not published |
| Free plan | Not published | Not published |
| Free trial | — | — |
| Deployment | Cloud, Self-hosted | Cloud, Self-hosted |
| Platforms | Web | Windows, Web |
| Support | Docs | Docs |
| Built for | Mid-market, Enterprise | Mid-market, Enterprise |
| Features FIS Insurance Risk Suite 1/1 · Verisk Insurance Analytics 1/1 | ||
| Catastrophe modeling | ✓ | ✓ |
| Specs | ||
| Analytics areas | Actuarial modeling; cash-flow and asset-liability management; capital modeling; pricing; reserving; claims analysis; reinsurance; risk and regulatory reporting | underwriting, claims, fraud detection, market analysis, catastrophe risk assessment |
| Modeling methods | Deterministic and stochastic scenarios; actuarial models; machine-learning predictive analytics; generalized linear models (GLMs); generalized additive models (GAMs); tree, boosted and bagged methods; unsupervised clustering and anomaly detection | catastrophe loss modeling; geospatial deterministic risk analysis; custom non-Verisk models |
| Deployment | Hybrid | Hybrid |
| Data connectors | External database platforms; BI tools; regulatory systems; economic scenario and catastrophe data from external providers; policy, quote, claims and exposure data files | exposure data from files and databases; raster and vector GIS layers; web map layers; external contract and reinsurance data |
| Output formats | Financial statements; regulatory submissions; model-result data for downstream systems; API-driven results and custom queries | CSV, RPX, PDF |
| Our review | ||
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| Our verdict | FIS Insurance Risk Suite, also known as Prophet, is a modular platform for insurers and reinsurers to develop and run actuarial models, manage risk, and produce regulatory and business reporting. Its scope spans life insurance cash-flow,… Read the review → |
Verisk Insurance Analytics is a portfolio of data, analytics, and software for insurers and reinsurers, spanning underwriting, claims, fraud detection, market analysis, and catastrophe risk assessment. Touchstone is the documented example… Read the review → |
Strengths and trade-offs
FIS Insurance Risk Suite — where it wins
- Covers pricing, reserving, claims, reinsurance and capital modeling
- Combines stochastic scenarios with machine-learning analytics
- Supports data lineage, auditable runs and automated regression testing
Where it doesn't
- Pricing is available only by contacting FIS
- Its breadth may exceed the needs of teams seeking a narrow analytics tool
- Catastrophe analysis relies on data from external providers
Verisk Insurance Analytics — where it wins
- Models catastrophe loss for individual risks, policies, and portfolios
- Analyzes exposure with geospatial, hazard, loss, and reinsurance tools
- Imports external models and exports data, results, and reports
Where it doesn't
- A broad portfolio rather than one standalone application
- Sold through contact with sales rather than a published price
- Documented support channel is limited to documentation
- FIS Insurance Risk Suite9.3/10 · Pricing on request
A broad actuarial and risk suite for insurers that need connected modeling and reporting.
Visit FISFull verdict → - Verisk Insurance Analytics9.0/10 · Pricing on request
A broad insurance analytics portfolio with Touchstone for catastrophe and exposure modeling.
Contact VeriskFull verdict →
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Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
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