Verisk Analytics, Inc. (VSK, Financial) provides proprietary databases and analytics to companies in the insurance, health care, and mortgage industries that are used to manage and assess various business risks.Verisk's shares rose as the company announced strong quarterly earnings growth, with particularly robust results from its expanding portfolio of health care-related analytical and fraud-prevention tools. As players throughout the health care system continue to focus on reducing their costs, we believe Verisk's products should continue to attract a large audience. In addition, we expect that revenues in Verisk's core insurance business should accelerate as pricing trends in the property and casualty insurance market move higher.
From Baron Funds' first quarter 2013 letter.
From Baron Funds' first quarter 2013 letter.
