Verisk Analytics, Inc., Acquires Emergent Network Intelligence
(Thomson Reuters ONE) -
Verisk Analytics, Inc., Acquires Emergent Network Intelligence
Acquisition extends Verisk's claims solutions within United Kingdom
JERSEY CITY, N.J., February 28, 2017 - Verisk Analytics, Inc. (Nasdaq:VRSK), a
leading data analytics provider, today announced it has acquired Emergent
Network Intelligence (ENI), a leading innovator in insurance claims efficiency
and fraud detection solutions based in Newcastle upon Tyne, United Kingdom. With
the acquisition of ENI, Verisk's clients in the U.K. can take advantage of
technologically advanced tools that allow them to improve motor claims workflow
and reduce their costs and exposure to fraud.
"ENI has demonstrated a commitment to helping insurers meet the challenges of
making substantive reductions in claims cycle time and detecting fraud," said
Mark Anquillare, executive vice president and chief operating officer of Verisk
Analytics. "Their innovative solutions are valuable additions to our existing
claims offerings. These include an advanced vehicle inspection system that
triages total losses and can predict repairs and an analytic solution that can
identify potential fraud by evaluating data from multiple sources."
"We're excited to join the Verisk Analytics family of businesses," said
Christopher Campbell, director of ENI. "We look forward to adding our offerings
to complement Verisk's comprehensive suite of solutions."
About ENI
Founded in 2012, ENI provides U.K. domestic insurers with technological
innovations that enable them to process claims more efficiently and to detect
fraud. ENI's core products have led to drastic reductions in claims cycle time
and have enabled insurers to discover suspicious claims by accessing a fraud
detection and investigation system that analyzes both structured and
unstructured data. For more information about ENI, please visit www.emergent-
intel.com.
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.
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: 28.02.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 527389
Anzahl Zeichen: 4128
contact information:
Town:
Jersey City
Kategorie:
Business News
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