Verisk Analytics, Inc., Acquires The GeoInformation Group
(Thomson Reuters ONE) -
Verisk Analytics, Inc., Acquires The GeoInformation Group
Acquisition strengthens Verisk's position as an international leader in data and
analytic solutions
JERSEY CITY, N.J., November 14, 2016 - Verisk Analytics, Inc. (Nasdaq:VRSK), a
leading data analytics provider, announced the acquisition of The GeoInformation
Group, a leader in the field of geographic data solutions based in Cambridge,
United Kingdom.
"This acquisition expands Verisk's footprint in the U.K. as a data and analytics
provider across multiple markets, including insurance, energy, and real estate,"
said Scott Stephenson, chairman, president, and chief executive officer of
Verisk Analytics. "The GeoInformation Group's resources complement our risk
management and predictive analytics capabilities internationally."
The GeoInformation Group offers large-scale mapping services and geospatial data
and analytic solutions to a wide array of companies and more than 300 public
sector organizations.
"We're thrilled to be part of Verisk-a business clearly committed to providing
innovation and value to customers," said Dr. Seppe Cassettari, chief executive
officer, The GeoInformation Group. "I'm confident our combined resources,
talent, and solutions will enhance our offerings even more."
Geoinformation is now a part of the Verisk family of companies and will continue
to operate in its current location.
About The GeoInformation Group
The GeoInformation Group is an award-winning provider of detailed geospatial
information essential for those seeking insight into land and property across
the U.K. Formed in 1998, The GeoInformation Group has been at the forefront of
innovation and development to extract information from high-resolution aerial
imagery to create unique and valuable geospatial products for the professional
user. GeoInformation Group customers include many blue-chip and key public
sector organizations, including Transport for London, Metropolitan Police,
Thames Water, and major insurers and telecom organizations. Thousands of land
developers, architects, planners, and geospatial professionals have benefited
from its detailed property and mapping solutions. For more information, visit
www.geoinformationgroup.co.uk.
About Verisk Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving
customers in insurance, natural resources, and financial services. Using
advanced technologies to collect and analyze billions of records, Verisk
Analytics draws on unique data assets and deep domain expertise to provide
first-to-market innovations that are integrated into customer workflows. Verisk
offers predictive analytics and decision support solutions to customers in
rating, underwriting, claims, catastrophe and weather risk, global risk
analytics, natural resources intelligence, economic forecasting, and many other
fields. Around the world, Verisk Analytics helps customers protect people,
property, and financial assets.
Headquartered in Jersey City, N.J., Verisk Analytics operates in 23 countries
and is a member of Standard & Poor's S&P 500(®) Index. In 2016, Forbes magazine
named Verisk Analytics to its World's Most Innovative Companies list and to its
America's Best Large Employers list. Verisk is one of only 14 companies to
appear on both lists. For more information, please visit www.verisk.com.
Contacts:
Investor Relations
David Cohen
Director, Investor Relations and Strategic Finance
Verisk Analytics, Inc.
201-469-2174
david.e.cohen(at)verisk.com
Media
Rich Tauberman
MWW Group (for Verisk Analytics)
202-600-4546
rtauberman(at)mww.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Verisk Analytics Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.11.2016 - 15:01 Uhr
Sprache: Deutsch
News-ID 506763
Anzahl Zeichen: 4522
contact information:
Town:
Jersey City
Kategorie:
Business News
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