Verisk

Verisk is a data analytics company that specializes in providing risk assessment and decision analytics to businesses across various sectors, including insurance, healthcare, and finance. It offers detailed actuarial and underwriting data specifically for the property and casualty insurance industry in the United States. By combining this data with advanced analytic methods, Verisk enables its clients to understand and manage their risks more effectively. The company's solutions support critical processes such as loss prediction, risk selection and pricing, fraud detection, and loss quantification. Verisk's expertise in data-driven analytics helps financial institutions, payment providers, and retailers make informed decisions, ultimately contributing to the resilience and sustainability of businesses and communities.

Atul Bahl

VP, Cloud Infrastructure

Kevin Sonney

Chief Information Officer and Senior Managing Director

Past deals in Risk Management

KYND

Secondary Market in 2024
KYND is a cyber risk management start-up that specializes in facilitating the assessment and management of cyber risks for the insurance industry. Through its innovative technology, KYND processes data to help clients understand and control complex cyber threats. The company's tools enable insurers, brokers, and their clients to monitor cyber risks, take necessary actions, and receive alerts about potential future risks. Recognizing that different businesses have unique needs, KYND offers tailored InsureTech products suitable for organizations of various sizes and industries across the globe.

Rocket Enterprise Solutions

Acquisition in 2024
Rocket Enterprise Solutions is a software-as-a-service (SaaS) company focused on providing data management solutions that enhance efficiency in data collection, risk management, and reporting. The company has developed a platform that simplifies complex report management processes, offering a variety of functions that facilitate data acquisition, order and routing planning. By streamlining these processes, Rocket Enterprise Solutions enables organizations to accelerate their operations and digitize essential tasks such as scheduling and order processing, thereby improving overall productivity and effectiveness.

Krug Sachverständigen

Acquisition in 2023
Krug Sachverständigen GmbH specializes in tailored assessment services and innovative digital solutions for the automotive and insurance sectors. Catering to both private and business customers, the company offers a range of services including motor vehicle damage appraisals, document verification, and car valuations. With a network of 120 permanent experts across Germany, Krug Sachverständigen combines technical expertise with industry knowledge to deliver comprehensive claims administration solutions. Their focus on integrating AI-based software enhances the efficiency of their services, making them a reliable partner for insurance companies, car manufacturers, mobility service providers, and automotive body shops.

Mavera

Acquisition in 2022
Mavera is an insurtech company that specializes in providing independent medical advice and an innovative case management system to streamline personal injury claims for insurers. The company operates through a nationwide network of experienced medical advisors who handle a wide range of claims, including those related to accidents, health insurance, illness, patient injuries, and workers' compensation. By facilitating better risk assessment and management of personal injury cases, Mavera aims to enhance the efficiency of insurance medical administration, ultimately benefiting both insurers and their clients.

Infutor Consumer Identity Management Solutions

Acquisition in 2022
Infutor is the expert in Consumer Identity Management. We are 100% focused on enabling brands to know everything they need to about consumers, to instantly make informed marketing and risk decisions. Infutor’s experience linking trusted data sources result in solutions that: Identify, verify and score inbound consumers, on-demand, with as little as a single identifier. Link customer data, update/add missing identifiers and enhanced attributes. Enable improved digital marketing performance through higher match rates and complete insights. Infutor gives brands a secure, privacy compliant foundation to improve inbound engagements and outbound marketing reach, and to minimize fraud and collections risk.

ACTINEO

Acquisition in 2021
ACTINEO GmbH is an insurtech company based in Cologne, Germany, that specializes in digital solutions for bodily injury claims management. Founded in 2009, ACTINEO provides insurance providers with services that include the procurement, structuring, and standardization of medical data related to personal injuries. The company automates regulatory processes and develops predictive models and AI solutions to enhance the efficiency and transparency of claims management. Additionally, ACTINEO offers medically-based auditing and comprehensive medical reports, enabling insurance companies to manage personal injury claims in a transparent, swift, and equitable manner. Through its technological innovations, ACTINEO supports improved risk management and operational control within the insurance sector.

Verisk

Acquisition in 2020
Franco Signor is an insurance firm that aims to be the authority in Medicare Secondary Payer (MSP) Compliance. The company provides innovation and comprehensive MSP compliance solutions to the largest employers, insurers, and third party administrators in the United States. Franco Signor’s proprietary solution leverages sophisticated technology and deep industry experience to deliver best-in-class services including: Mandatory Insurer Reporting, Conditional Payment/Lien Resolution, and Medicare Set-Aside Allocations. The company was established in 2009 and is based in Bradenton, Florida.

Rulebook

Acquisition in 2018
The Rulebook suite of products is the combination of a powerful rules engine and an insurance underwriting and broking desktop, together with a comprehensive analytics capability that enables clients to transact with and learn from their data for even the most complex lines of specialty insurance business. Rulebook supports companies primarily in the London Insurance Market but increasingly internationally.

Validus-IVC

Acquisition in 2018
Validus-IVC Ltd specializes in motor claims analysis and management services for insurers, brokers, and self-insured fleet operators in the United Kingdom. The company offers a range of Software-as-a-Service products, including vCASE, a claims platform, and vPortal, which facilitates electronic claim submissions. Additionally, Validus-IVC provides AskLudo, a tool that identifies overlapping hire vehicle claims, along with third-party claims outsourcing services that encompass analysis, settlement, and market intelligence. Their consulting offerings include needs analysis and training to enhance client operations. Founded in 2007 and headquartered in Norwich, Validus-IVC aims to deliver efficient and fair solutions, leveraging its expertise to help clients navigate the complexities of motor insurance claims. As of 2018, the company operates as a subsidiary of Marvel Newco Limited.

Business Insight

Acquisition in 2018
Business Insight is a UK based independent company specialising in providing perils risk models, quote enrichment data, premium analysis software and analytical consulting services to the Insurance Industry. The Business Insight team has extensive experience in mathematical and statistical modelling, bespoke software development and business consulting within the Insurance industry. Our innovative products are aimed at the core insurer business processes of pricing, underwriting, marketing and claims management.

LCI

Acquisition in 2017
LCI, Inc. is a bankruptcy management firm based in Burlingame, California, specializing in bankruptcy risk prediction and management tools for banks and creditors. Founded in 1989, the company offers a comprehensive range of bankruptcy information, consumer behavioral data, and process automation software designed to streamline the bankruptcy life cycle. Additionally, LCI provides expert services and research to aid in automating complex and costly bankruptcy processes. As of August 31, 2017, LCI operates as a subsidiary of Verisk Analytics, Inc.

G2 Web Services

Acquisition in 2017
G2 Web Services, LLC specializes in merchant risk intelligence solutions for acquiring banks, commercial banks, and their partners in the payment processing ecosystem. Founded in 2004 and headquartered in Bellevue, Washington, with an additional office in London, G2 Web Services is recognized for its expertise in merchant compliance monitoring and e-commerce risk management. The company's G2 Merchant Risk Platform employs advanced web crawling, processing, classification, and modeling techniques to assess and manage risks associated with merchants' online activities. By analyzing millions of merchant websites and compiling extensive data artifacts, G2 has developed a comprehensive e-commerce relationship map that enhances the understanding of risks throughout the merchant lifecycle. The firm offers a wide range of tools and services, including risk assessment for onboarding new merchants, compliance content reviews, and mitigation strategies for account data compromise risks. G2 Web Services operates under the ownership of Verisk Analytics and continues to be led by its original founders and a skilled management team.

Fintellix

Acquisition in 2017
Fintellix specializes in providing analytics, risk, and compliance solutions tailored for the banking sector. The company focuses on extracting valuable insights from data to address complex business challenges within the industry. Fintellix offers a comprehensive range of products, solution frameworks, and consulting services, employing an integrated approach that emphasizes flexibility and modularity. Its software encompasses various aspects of data management, governance, and regulatory reporting, allowing banking professionals to execute accurate and timely analytics. By leveraging advanced technologies in data science and information management, including big data and cloud capabilities, Fintellix aims to enhance the operational efficiency of its clients. The company is recognized for its deep understanding of banking data and its agile, solution-oriented approach, supported by a skilled team of banking technologists and data scientists.

Arium

Acquisition in 2017
Arium Limited specializes in developing risk modeling solutions primarily for the reinsurance industry. The company offers a range of tools, including a casualty analytics platform for liability exposure management, a catastrophic accumulation model (CASUS) for anticipating and quantifying loss of life from single events, and a receivables model that identifies high-risk debts for insurers and regulators. These tools assist insurance and reinsurance brokers, underwriters, and risk managers in enhancing their understanding of business risks, analyzing risk drivers, setting benchmarks for future assessments, and forecasting profitability in specific areas. Additionally, Arium provides training courses in risk analytics to support businesses and individuals in their risk assessment efforts. Established in 1992 and based in London, Arium Limited operates as a subsidiary of AIR Worldwide Corporation.

MarketStance

Acquisition in 2016
MarketStance is a prominent provider of information and analytics tailored for the insurance industry. The company offers an impartial and synchronized view of the insurance marketplace, serving over 90 percent of the largest property and casualty insurance firms in the United States. By integrating economic and business demographics with insurance data, MarketStance delivers up-to-date market intelligence that aids insurance professionals in making informed decisions. The firm utilizes established “bottom-up” analytic methods to ensure the reliability of its information. Additionally, MarketStance provides flexible product packages that cater to the specific needs and budgets of its clients, backed by the expertise of economists, analysts, and industry veterans.

Risk Intelligence Ireland

Acquisition in 2016
Risk Intelligence Ireland, or RII, is a leading solutions provider to the Irish general insurance industry, providing value-added services focused on fraud detection, compliance, risk control, and process automation. For over 20 years, RII has been working extensively with the general insurance market to develop specialist products and industrywide services

Argus Information & Advisory Services

Acquisition in 2012
Argus Information & Advisory Services is a unique provider of information, scoring solutions, and advisory services tailored for financial institutions worldwide. The company specializes in profitability forecasting, data management, risk management, and marketing services, catering primarily to credit card issuers and consumer financial services providers. Argus engages in project-based consulting assignments and offers reliable product and software solutions to its clients, helping them navigate complex financial landscapes and enhance their operational efficiency. Through its comprehensive suite of services, Argus supports financial institutions in making informed decisions and optimizing their business strategies.
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