Verisk Analytics, Inc. (NASDAQ:VRSK) Q3 2023 Earnings Call Transcript

And that is something that is on more of the front end that we are testing and developing. In the first instance, that’s something that we are monetizing with Discovery Navigator in the second instance, that’s something that we hope to begin to deploy so that we can achieve efficiency in our overall coding. And in the third instance that’s going to be something that hopefully we develop a product. There’s been a strong appetite and interest from our clients. And so if we can deliver something that would be something we would hope to begin to monetize in the 2024/2025 timeframe based upon what our product development is. So a range of that, but it’s a component of and an additional tool to a lot of the data and analytics work that we do.

Operator: [Operator Instructions]. Your final question comes from the line of Russell Quelch with Redburn. Russell, your line is open.

Russell Quelch: Yes. Thanks for circling back around and sorry for the technology issues. I was wondering if you would provide us with the growth rate for the extreme events solutions revenues in Q3 and year-to-date. And you made some brief comments in your prepared remarks, Elizabeth, but can you expand on what trends you saw there in Q3 and maybe what you’re seeing so far in Q4, and wondering what you’ve assumed for your — in your full-year guidance for Q4 in this business area?

Elizabeth Mann: Yes. Hey Russell, glad you’re able to join us. Sorry, we don’t provide specific disclosure on the extreme events business and certainly not quarterly. So sorry I can’t comment on that.

Operator: Ladies and gentlemen, that concludes today’s call. Thank you all for joining. You may now disconnect. Have a good day.