Verisk Analytics

Verisk Analytics provides data analytics solutions to help businesses manage and understand risks across various sectors, including insurance, energy, and financial services. The company specializes in predictive analytics and decision support, focusing on the property and casualty insurance market in the United States. Its services include loss prediction, risk selection and pricing, fraud detection, and loss quantification. Verisk operates through three main segments: Insurance, which provides actuarial data and predictive models; Energy and Specialized Markets, which offers analytics for the natural resources sector along with consulting services; and Financial Services, which delivers benchmarking and analytics tailored for financial institutions. Founded in 1971 and headquartered in Jersey City, New Jersey, Verisk is recognized for its extensive database and proprietary analytics that support clients in making informed decisions and improving operational efficiency.

Helena Cornell

Vice President and General Manager, ISO Claims Solution

Alex Croydon

Managing Director, General Insurance UK

Joanna Gassoso

Chief Internal Auditor and Vice President

Eric Schneider

SVP, Chief Data Officer / CTO

Lee Shavel

CEO

Kevin Sonney

Chief Information Officer and Senior Managing Director

35 past transactions

sureti

Seed Round in 2022
sureti relieves Property Owners of the headaches associated with filling out mountains of paperwork, obtaining signatures, and waiting on hold to speak with call center representatives. sureti handles all of this for you and is committed every day to treating your money like it is just that: your money and it needs to work for you. We offer increased control by withholding final insurance proceeds until you have confirmed the work has been completed to your satisfaction. Moreover, all the auxiliary economics are reconciled before the final proceeds are transferred to the materially interested parties – contemplating down payments, deductibles, and performance payments that may have occurred prior to uploading the check to sureti.

HUGHUB

Corporate Round in 2021
Developer of a customer-centric insurance technology platform designed to transform customer interaction and engagement across a full range of protection products. The company's platform encourages customer engagement, offers purchase and ongoing service, and manages insurance products within its insurance customer portal, enabling the insurance industry to increase clarity, efficiency, scalability, and cost savings to the entire insurance sales and distribution cycle.

Jornaya

Acquisition in 2020
Jornaya is a consumer journey insight platform that offers marketers, data analysts, and compliance professionals a comprehensive view of the consumer buying journey. It uniquely captures both first- and third-party consumer interactions in real time across multiple devices. By understanding consumer intent at critical moments, Jornaya helps businesses streamline their decision-making processes. The platform can easily integrate with various buyer journey decisioning tools, allowing organizations to effectively respond to consumer behavior and enhance their marketing strategies.

Franco Signor

Acquisition in 2020
Franco Signor is an insurance firm specializing in Medicare Secondary Payer (MSP) compliance solutions. Established in 2009 and based in Bradenton, Florida, the company serves large employers, insurers, and third-party administrators across the United States. Franco Signor offers a range of services that include Mandatory Insurer Reporting, Conditional Payment and Lien Resolution, Medicare Set-Aside Allocations, and post-settlement administration. Utilizing advanced technology and extensive industry expertise, the firm aims to mitigate risks associated with primary plans, providing clients with innovative and comprehensive compliance solutions.

Commerce Signals

Acquisition in 2019
Commerce Signals, Inc. operates a real time exchange for transactional data. It allows businesses to optimize and monetize their data assets through a real time exchange platform that provides a marketplace for buyers and sellers based upon relevance and use. The company was founded in 2014 and is based in Palo Alto, California. As of December 19, 2019, Commerce Signals, Inc. operates as a subsidiary of Verisk Analytics, Inc.

FAST Technology

Acquisition in 2019
FAST, which stands for "Flexible Architecture, Simplified Technology", is a privately-held company located in Iselin, NJ founded by the former leaders of NaviSys. Their team of passionate, experienced entrepreneurs focuses on solving the challenges their financial services clients face as they seek to modernize their systems environments or completely replace legacy systems.

BuildFax

Acquisition in 2019
BuildFax, headquartered in Austin, Texas, is trusted by the largest insurance and financial institutions in the world to deliver business critical property condition and history data. With the only database of its kind, encompassing more than 23 billion data points on commercial and residential structures, BuildFax delivers detailed data on everything from remodeling, solar installations, new construction, roof age, maintenance history, and more. To learn more about BuildFax, visit www.buildfax.com.

Genscape

Acquisition in 2019
Genscape, Inc. is a global provider of real-time and historical data, forecasts, and analytical insights for the energy market. Founded in 1999 and headquartered in Louisville, Kentucky, the company offers a range of products that include natural gas infrastructure intelligence, oil supply reports, and production forecasts. Genscape utilizes patented technologies and proprietary algorithms to deliver accurate and timely information on capacities and utilization for major energy commodities. Its services cater to various sectors, including power, oil, natural gas, maritime, agriculture, and biofuels. As a subsidiary of Wood Mackenzie Ltd., Genscape is dedicated to enhancing market activities by providing clients with superior fundamental data and market intelligence to navigate the complexities of energy markets effectively.

Keystone Aerial Surveys

Acquisition in 2019
Keystone Aerial Surveys, Inc. is a provider of aerial survey services, specializing in imagery acquisition and mapping solutions for clients across the United States, Canada, and Mexico. Established in 1963 and headquartered in Philadelphia, Pennsylvania, the company operates additional locations in Tyler, Texas; Tucson, Arizona; and Los Angeles, California. Keystone Aerial Surveys employs advanced technologies such as airborne GPS, inertial measurement units, and LiDAR for data collection, offering a range of products including Key-3D colorized point clouds and historical imagery solutions. The company has extensive experience in capturing aerial imagery in various formats, catering to diverse project specifications from small local initiatives to large-scale statewide endeavors. As of July 2019, Keystone operates as a subsidiary of Geomni, Inc.

Rulebook

Acquisition in 2018
Rulebook specializes in providing a comprehensive software suite designed for the insurance market. Its offerings include a powerful rules engine, an insurance underwriting and broking desktop, and robust analytics capabilities. This combination allows clients to effectively transact with and gain insights from their data, even in complex specialty insurance scenarios. While Rulebook primarily serves the London Insurance Market, it is expanding its reach to international clients.

Validus-IVC

Acquisition in 2018
Validus is the 'voice of reason' in the motor claims industry: efficient, fair and objective. Their success is based on providing their clients with in-depth expertise and tailored solutions to meet their specific needs.

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.

Power Advocate

Acquisition in 2017
PowerAdvocate is the provider of results-driven, sustainable market intelligence and supply chain technology solutions for the energy industry. Since 2000, we have been helping capital-intensive clients achieve operational and financial excellence, increase profitability, and optimize business performance through industry-specific technology, data and expert consulting services. Our cloud-based technology suite includes eSourcing, Spend Analytics, Market Intelligence, Contract Management, and Supplier Relationship Management tools for the Utility and Oil and Gas Industries.

Rebmark Legal Solutions

Acquisition in 2017
Rebmark Legal Solutions Limited, founded in 2008 and based in Sheffield, United Kingdom, specializes in developing software solutions for the injury claims sector. The company offers a range of products designed to enhance efficiency and accuracy in loss calculations, including piCalculator, noiseCalculator, noiseAssist, caseAssist, and reserveCalculator. These tools assist legal practitioners by providing instant calculations of past and future losses, along with detailed explanations of relevant interest rates and multipliers. Rebmark's innovative software aims to improve settlement outcomes in various cases, including personal injury and clinical negligence, while also facilitating faster resolutions. As of November 2017, Rebmark operates as a subsidiary of Verisk Analytics, Inc.

LCI

Acquisition in 2017
LCI, Inc. specializes in providing bankruptcy risk prediction and management tools aimed at banks and creditors. Founded in 1989 and headquartered in Burlingame, California, the company offers a range of services including bankruptcy data, consumer behavioral insights, process automation software, and expert consulting. LCI focuses on automating costly processes throughout the bankruptcy lifecycle, leveraging its expertise in the financial sector to enhance the management of at-risk accounts. By integrating process engineering principles with management information systems, LCI emphasizes quality control and process efficiency, thereby delivering superior information and improving profitability for its clients. As of August 31, 2017, LCI operates as a subsidiary of Verisk Analytics, Inc.

Sequel Business Solutions

Acquisition in 2017
Sequel Business Solutions Limited specializes in developing software solutions for the insurance and reinsurance sectors. Founded in 1993 and based in London, the company offers a range of products designed to enhance various operational aspects of its clients' businesses. Key solutions include Eclipse Broking for brokers, Eclipse Underwriting for managing the insurance lifecycle, Sequel Claims to improve claims management and profitability, Sequel Impact for risk exposure assessment, and Sequel Re for managing reinsurance scenarios. With a strong focus on industry expertise and customer service, Sequel serves clients both in the United Kingdom and internationally. The company has established a reputation for delivering effective software and services on schedule and within budget, and it operates as a subsidiary of Verisk Analytics, Inc.

G2 Web Services

Acquisition in 2017
G2 Web Services, LLC specializes in merchant risk intelligence solutions, serving acquirers, commercial banks, and their partners in the payments ecosystem. Founded in 2004 and headquartered in Bellevue, Washington, with an office in London, the company offers the G2 Merchant Risk Platform, which integrates web crawling, data processing, classification, and modeling to enhance merchant risk management. G2 Web Services is recognized for its leadership in compliance monitoring and e-commerce risk management, working globally with acquiring banks, independent sales organizations, and payment service providers to identify and mitigate risks associated with merchants' online activities. By monitoring millions of merchant websites and analyzing extensive data, G2 has developed a comprehensive e-commerce relationship map that aids in assessing the risks of onboarding new merchants and ensuring ongoing compliance. The company continues to be directed by its original founders, emphasizing its commitment to innovation and effective risk management across the merchant lifecycle.

MAKE Consulting

Acquisition in 2017
MAKE Consulting A/S, a subsidiary of Verisk Analytics, specializes in providing insights into the renewable energy sector, with a particular focus on the wind-power industry. The firm leverages its extensive databases, in-depth knowledge of local markets, and a global network of industry experts to deliver accurate market analysis, forecasts, and strategic guidance. By offering services that encompass supply chain management, technology assessment, and financial analysis, MAKE Consulting aids renewable energy companies and investors in navigating the complexities of the industry. Their comprehensive approach enables clients to enhance business development and implementation strategies, ultimately accelerating results in a rapidly evolving market.

Fintellix

Acquisition in 2017
Fintellix Solutions Private Limited specializes in analytics, risk, and compliance solutions tailored for the banking sector. The company provides a comprehensive suite of offerings, including the Fintellix platform for data management and processing, the Fintellix Data Foundation for core system integration and data hubs, and Fintellix Cloud for cloud-based compliance and analytics solutions. Their products encompass Fintellix Compliance for regulatory reporting and asset quality management, Fintellix Risk for market and credit risk solutions, and Fintellix Analytics for business intelligence. Additionally, Fintellix offers information management services, banking technology consulting, and various business applications. The firm serves a diverse clientele of local, regional, and global banks across Europe, Africa, the Middle East, India, and ASEAN. Founded in 2006 and based in Bengaluru, India, Fintellix was previously known as iCreate Software India Pvt. Ltd. and is a subsidiary of Argus Information & Advisory Services, LLC.

Arium

Acquisition in 2017
Arium Limited specializes in developing risk modeling solutions tailored primarily for the reinsurance industry. The company offers a range of tools designed to enhance the understanding and management of casualty risk, including a casualty analytics platform for liability exposure management and CASUS, a model for assessing catastrophic events in life and health insurance. Additionally, Arium provides a receivables model to help identify high-risk debts for insurers and regulators. These tools are aimed at insurance and reinsurance brokers, underwriters, and risk managers, enabling them to analyze risk drivers, set benchmarks for future assessments, and anticipate profitability in various sectors. Arium also offers training courses in risk analytics to support businesses and individuals in their risk assessment efforts. Established in 1992 and based in London, Arium 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 delivers a comprehensive and impartial perspective of the insurance marketplace, which is utilized by over 90 percent of the largest property and casualty insurance firms in the United States. MarketStance specializes in integrating economic and business demographics with insurance data, offering up-to-date market intelligence that supports decision-making for insurance professionals. The firm employs proven analytical methods to ensure the reliability of its information and provides a range of flexible product packages designed to meet the diverse needs and budgets of its clients. With a team of experts, including economists and industry veterans, MarketStance serves as a vital resource for actionable market insights.

Analyze Re

Acquisition in 2016
Analyze Re Inc. is a Canadian company based in Halifax, founded in 2013, that specializes in software-as-a-service solutions for the reinsurance industry. It offers a high-performance computing platform designed for portfolio risk management and pricing optimization. The company's software provides real-time analytics, enabling reinsurers to process large volumes of complex data and make informed decisions about pricing and portfolio management. By facilitating faster and more accurate decision-making, Analyze Re aims to modernize the data analysis processes within the reinsurance sector. As of October 2016, Analyze Re operates as a subsidiary of AIR Worldwide Corporation.

Greentech Media

Acquisition in 2016
Greentech Media, established in February 2007, operates as an online media company focused on the clean energy sector. It provides a comprehensive suite of services that includes news coverage, market research, and industry events tailored to the greentech market. The company specializes in delivering business-to-business news and analysis on various topics such as alternative fuels, solar power, batteries, fuel cells, and smart grids. By offering critical business information and facilitating effective communication between companies and their stakeholders, Greentech Media aims to support the growing demands of the global greentech marketplace.

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

Infield Systems

Acquisition in 2015
Infield Systems Limited is a consulting and advisory firm that specializes in providing energy analysis and research services, primarily for the offshore oil, gas, marine, and renewable energy sectors. The company offers a range of databases, including offshore energy databases and region-specific market analyses, covering areas such as Europe, Africa, the Middle East, Asia Pacific, Latin America, and North America. Infield Systems also produces various publications, including market reports and technology perspectives, alongside analytical services like market due diligence and tailored research. Additionally, it operates the InfieldOnline portal, enabling subscribers to access and retrieve information easily, and OFFPEX, a market modeling and forecasting system. The firm serves a diverse clientele, including oil corporations, engineering consultants, financial institutions, and investment groups, both in the United Kingdom and internationally. Established in 1986 and headquartered in London, Infield Systems Limited is a subsidiary of Wood Mackenzie Ltd.

PCI Group

Acquisition in 2015
PCI Group, Inc. specializes in document delivery and outbound mail services, providing a range of solutions such as collection letter processing, real-time document tracking, digital postal mail delivery, and invoice processing. The company also offers services in postal address hygiene, data entry, duplex and color printing, return mail management, and customized letter design. Catering primarily to sectors like healthcare, finance, utilities, telecommunications, and collections, PCI Group focuses on enhancing customer communications through efficient, secure, and compliant processes. Founded in 1970 and based in Fort Mill, South Carolina, the company has expanded its operations internationally with facilities in Canada, Barbados, and India. As a recognized leader in client-centric data solutions, PCI Group is known for its commitment to service quality and integrity, making it a trusted partner for organizations with critical communication needs. The company was formerly known as PCI Imaging, Inc. and adopted its current name in April 2008.

Wood Mackenzie

Acquisition in 2015
Wood MacKenzie - As a global leader in commercial intelligence for the energy, metals and mining industries, They provide objective analysis and advice on assets, companies and markets, giving clients the insight they need to make better strategic decisions.
Argus Information & Advisory Services is a specialized provider of information, scoring solutions, and advisory services tailored for financial institutions worldwide. The company focuses on profitability forecasting, data and information management, as well as risk management and marketing services. Its clientele primarily consists of credit card issuers and consumer financial service providers. In addition to offering comprehensive data solutions, Argus engages in project-based consulting assignments and implements effective product and software solutions to enhance the operational capabilities of its clients.

FirstBest

Venture Round in 2012
FirstBest Systems, Inc. specializes in software solutions tailored for property and casualty insurers. The company offers a range of products including underwriting workstations, agent portals, and new business systems. Notable offerings include FirstBest UMS, which integrates underwriting and business analyst tools with a Web 2.0 agent portal, and FirstBest Agent, a point-of-sale portal designed for new business and renewals that facilitates collaboration through shared documents and notifications. Additionally, FirstBest provides the Front Office Suite, which enhances collaboration among agents, brokers, and underwriters through predictive analytics and knowledge management tools. Founded in 2006 and based in Bedford, Massachusetts, FirstBest Systems has become part of Guidewire Software, further expanding its capabilities in the insurance technology sector.

MediConnect Global

Acquisition in 2012
MediConnect Global, Inc. (MCG) provides online medical records retrieval and transmission services for the insurance companies and law firms worldwide. It's software as a service platform, RapidRetrieve, an electronic record retrieval service, allows users to request records, check status, and download retrieved records online. In addition, it offers sorting/indexing service, which includes separating and labeling the components or sections of a medical record by category and chronological sequence. The company also offers a health information exchange (HIE) for the hosting and authorized exchange among health partners. The company was founded as MediConnect, Inc. in 1996 and changed its name to MediConnect Global, Inc. in July 2006. MediConnect Global, Inc. is headquartered in South Jordan, Utah.

Bloodhound Software

Acquisition in 2011
Bloodhound Software is the leading claims editing service and analytics provider that offers a fully transparent, customizable, real-time service for all participants in the claims revenue cycle. ConVergence Point, its next-generation hosted claims editing service, can process a claim against 16 million edits across total patient history in subsecond response time. All ConVergence Point edits are open-sourced and based on national standards and can be configured to exactly match a payer’s reimbursement policies. Further, ConVergence Point provides a web portal for providers to see edits and correct claims before submission.

3E Canada

Acquisition in 2010
3E Canada is a provider of environmental health and safety (EHS) compliance and information management services. The company specializes in delivering data products and online tools that assist businesses in adhering to EHS regulations concerning the manufacturing, distribution, transportation, usage, and disposal of chemicals and hazardous materials. Its offerings include regulatory and chemical content, MSDS authoring and management, emergency response, training, and waste services. Additionally, 3E Canada offers professional services such as outsourced REACH registration and compliance analysis. The company serves a diverse range of industries, including manufacturing, chemicals, pharmaceuticals, aerospace, and healthcare, ensuring that clients effectively manage their EHS obligations. Founded in 1985, 3E Canada operates from Montreal and has a wider presence through its various locations across North America and Europe.

Crowe Paradis Services

Acquisition in 2010
Crowe Paradis Services Corporation is a leading Medicare compliance firm in the United States, specializing in a comprehensive range of services tailored for insurers, third-party administrators, and self-insured companies. The firm focuses on assisting clients with compliance related to the Medicare Secondary Payer Act, offering solutions such as Medicare set-aside allocation, conditional payment investigation, and lien reduction. With a strong emphasis on combining legal and clinical expertise, Crowe Paradis provides an analytical model for medical and legal review, ensuring thorough assessments supported by experienced professionals. The company's services also include liability case consultation, structured settlements, and training, making it a trusted partner in navigating complex Medicare compliance issues.

Enabl-u Technologies

Acquisition in 2009
Enabl-u Technologies Corporation is a leading advanced data management and training solutions provider. Headquartered in Plainview, New York, with research and development operations in Canada, Enabl-u solutions and services are ideal for organizations operating in multiple locations with a distributed work force.

Doctor Driven Systems

Acquisition in 2009
Doctor-Driven Systems designs and develops medical management automation software. It offers healthcare business intelligence through its product such as MD Hawkeye as well as consulting and professional services to provide their clients with a comprehensive understanding of health plan costs and quality issues. Doctor-Driven Systems also provides products and services to provider groups, employers, and third-party administrators. With headquarters in Wellesley, Massachusetts, the company was founded in 2001.
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