Verisk Analytics, Inc., Acquires Healix Risk Rating
(Thomson Reuters ONE) -
Verisk Analytics, Inc., Acquires Healix Risk Rating
JERSEY CITY, N.J., February 16, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a
leading data analytics provider, today announced the acquisition of Healix Risk
Rating, a leader in automated medical risk assessment for the travel insurance
industry. Healix Risk Rating, a subsidiary of Healix International Holdings
Limited based in Surrey, United Kingdom, will become part of ISO, a Verisk
Analytics business and a leading source of information about property/casualty
insurance risk for more than 45 years.
The acquisition will further expand Verisk's risk assessment offerings for the
global insurance industry, providing solutions that are embedded with customer
workflows and can help underwrite medical coverage for travelers with greater
speed, accuracy, and efficiency.
"Travel insurance is part of the global property/casualty insurance market and a
line of business where underwriters often need to quickly evaluate and price
risks that can vary widely depending on those traveling and where they're
visiting," said Beth Fitzgerald, president of ISO Solutions. "The powerful tools
developed by Healix Risk Rating allow insurers to identify and assess these
risks at point of sale and allow us to better serve both the travel insurance
market and property/casualty insurers around the world."
"We're proud to join Verisk, whose access to a global network, vast industry
knowledge, and experience with analytics will help us enhance our products and
provide additional value to our clients," said Paul Beven, managing director,
Global, and founder of Healix Risk Rating.
"Healix Risk Rating and its unique underwriting tools will be a valuable
addition to Verisk Analytics as we develop new ways to innovate with our
customers around the world," said Mark Anquillare, executive vice president and
chief operating officer of Verisk Analytics.
About Healix Risk Rating
Healix Risk Rating is located in Surrey, United Kingdom. It was founded in 2000
as a wholly owned subsidiary of Healix International Holdings Limited. Healix
Risk Rating has an unrivaled reputation as a market-leading provider of
automated medical risk assessment in the travel insurance market. For more
information, please visit http://www.healix.com/services/medical-underwriting-
tools/ or contact us at riskrating(at)healix.com.
About ISO
Since 1971, ISO has been a leading source of information about property/casualty
insurance risk. For a broad spectrum of commercial and personal lines of
insurance, ISO provides statistical, actuarial, underwriting, and claims
information and analytics; compliance and fraud identification tools; policy
language; information about specific locations; and technical services. ISO
serves insurers, reinsurers, agents and brokers, insurance regulators, risk
managers, and other participants in the property/casualty insurance marketplace.
ISO is a Verisk Analytics (Nasdaq:VRSK) business. For more information, please
visit www.verisk.com/iso.
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 27 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.
Contact:
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: 16.02.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 524732
Anzahl Zeichen: 5325
contact information:
Town:
Jersey City
Kategorie:
Business News
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