# Lee Shavel

> Lee M. Shavel is president and CEO of Verisk, a Jersey City-based data analytics and technology provider serving the global insurance industry. A former Nasdaq CFO and financial institutions investment banker, he joined Verisk in 2017 and became CEO in May 2022. His public interests include literature, music and golf; his professional focus includes disciplined investment, client relationships and the responsible application of insurance data.

- **Role:** President and Chief Executive Officer at Verisk
- **Organizations:** Verisk, FactSet Research Systems, Nasdaq, Bank of America Merrill Lynch, Investment Technology Group, NJ SEEDS
- **Education:** BA in English; graduated with honors, University of Pennsylvania, BS in Economics, Wharton School, University of Pennsylvania
- **Known for:** Advanced from Verisk CFO to CEO after joining in 2017., Modernized corporate finance operations and introduced enhanced capital allocation discipline at Verisk., Led Verisk during its renewed focus on serving the insurance industry, including the February 2023 completion of the Wood Mackenzie divestiture.

## Career timeline

- **1993-2011** — Bank of America Merrill Lynch and predecessor roles, including Americas head of Financial Institutions Investment Banking.
- **2011-2016** — Executive vice president and chief financial officer, Nasdaq; also responsible for corporate strategy.
- **2016-2019** — Investment Technology Group board director and audit committee chair.
- **2017-11** — Joined Verisk as chief financial officer.
- **2020-06** — Joined the FactSet board of directors.
- **2021-02** — Became Verisk group president while continuing as CFO.
- **2022-05** — Became Verisk CEO and joined its board.
- **2023-01** — Added the title of Verisk president.
- **2024-10** — Verisk announced his appointment to the Federal Advisory Committee on Insurance.

## Achievements

- Advanced from Verisk CFO to CEO after joining in 2017.
- Modernized corporate finance operations and introduced enhanced capital allocation discipline at Verisk.
- Led Verisk during its renewed focus on serving the insurance industry, including the February 2023 completion of the Wood Mackenzie divestiture.
- Appointed to the Federal Advisory Committee on Insurance, announced in October 2024.

## Latest updates

- **2026-09** — Discussed climate change, technology and the increasing volume of information in a September 24 Insurer TV interview.
- **2026-05** — Verisk announced two MCP connectors for Anthropic Claude covering underwriting intelligence and restoration; Shavel emphasized reliable data and human accountability.

## Links

- Website: https://www.verisk.com/company/about/leadership/lee-m-shavel/
- LinkedIn: https://www.linkedin.com/in/lee-shavel-521a5036

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Profile page: https://yespress.io/lee-shavel
Published by YesPress — https://yespress.io
Last updated: 2026-10-24