Verisk appoints president of its AIR Worldwide business

Verisk Analytics, a Jersey City-based data analytics provider, announced Thursday that it has appointed Bill Churney to president of its AIR Worldwide business.Former AIR Worldwide President Ming Lee has retired, effective Jan. 1, finishing a 20-year career at the company. She will stay with AIR Worldwide in a nonexecutive role for the remainder of the year.

“I’m extremely pleased to appoint Bill Churney as AIR’s new president to lead the company as it continues to experience rapid growth in the global insurance market,” Scott Stephenson, Verisk Analytics CEO and president, said in a prepared statement. “Bill has been an invaluable member of our team for many years and has shown great leadership skills and a strong dedication to our mission and core values. I look forward to seeing his vision for the future of catastrophe modeling come to fruition.”

Churney joined AIR in 2002 and most recently served as chief operating officer. Before joining AIR, he worked in product management and operations management.

“I’m very honored and humbled to have the opportunity to serve as AIR’s next president,” Churney said in a prepared statement. “These are exciting, if challenging, times. Much of the world is still highly at risk from extreme events, whether from natural or man-made causes. I look forward to leading the highly talented team at AIR to help our clients and society at large better prepare for and respond to such events. By continuing our focus on developing advanced models and innovative technology solutions, we look forward to helping our clients capitalize on the many opportunities that exist to better manage risk.”