Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has named Saurabh Khemka as President of Underwriting Solutions, effective immediately.
He is a Verisk veteran, having held several leadership roles since joining over 12 years ago, and since 2024, he has been the Co-President of Underwriting Solutions, leading Core Lines and Life Solutions. Prior to that, Khemka served as President of Core Line Services.
According to Verisk, he is the principal architect and driving force behind the Core Lines Reimagine initiative, which is a multi-year initiative to modernise core insurance services, including forms, rules and loss costs. Before this, he was a Principal at Bain & Company.
Lee Shavel, President and Chief Executive Officer, Verisk, commented on the appointment, “Saurabh has been a great partner to our underwriting clients and has repeatedly used their needs to shape how his team innovates and invents solutions that drive greater accuracy, efficiency and value. I’m confident that he will accelerate our partnership with our global underwriting clients and partners.”
Khemka added, “I am incredibly honoured to take on this expanded role overseeing all of Underwriting Solutions. This broader scope allows me to drive an even greater impact across the insurance industry by helping clients digitalise and automate their end-to-end underwriting processes, surface deeper insights and responsibly unlock the full potential of technologies like artificial intelligence.”
Additionally, Doug Caccese, who has been serving as Co-President of Underwriting Solutions alongside Khemka, will be leaving Verisk in January 2026. Until then, he will serve as a strategic advisor to ensure a smooth transition.
He held several leadership roles during his nearly 11-year career at Verisk, including President of Domestic P&C underwriting and personal lines.
Shavel said, “Doug has played an integral role in growing our Underwriting Solutions business throughout his tenure. We are grateful for his many contributions, leadership and partnership over the years, and we wish him the greatest success in the future.”
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