Verisk Adds McKinsey Partner Pradip Patiath to Board, Veteran Director Retires
Verisk elected McKinsey Senior Partner Pradip Patiath to its Board effective May 20, leveraging his 30+ years leading digital and AI transformations in insurance and banking. Long-serving director Kathleen Hogenson, Audit Committee chair since 2016, retired from the Board.
1. Verisk Elects Pradip Patiath to Board
Effective May 20, Verisk appointed Pradip Patiath to its Board of Directors. Patiath is a Senior Partner at McKinsey & Company with over three decades of experience in insurance, banking and technology, having co-led North American digital insurance and consumer banking sectors and guided large-scale AI and digital transformations.
2. Kathleen Hogenson Retires from Board
Kathleen Hogenson, elected to Verisk’s Board in 2016, retired after seven years of service. She chaired the Audit Committee and served on the Audit, Executive and Risk committees, providing financial oversight and counsel during a pivotal period of technological and operational transformation for the company.
3. Strategic Outlook Following Governance Change
Patiath’s deep background in data analytics, AI and digital strategy aligns with Verisk’s push to embed advanced technologies into insurance workflows. These board changes aim to strengthen oversight while enhancing the company’s capacity to innovate and drive growth in its core analytics and software offerings.