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.

Kevin Sonney

Chief Information Officer and Senior Managing Director

Past deals in InsurTech

Simplitium

Acquisition in 2025
Simplitium® is a global financial services technology provider, delivering specialist solutions that solve complex challenges within trading and insurance.

KYND

Secondary Market in 2024
KYND is a cyber risk management startup that specializes in developing innovative technology to assess, understand, and manage complex cyber risks. Its solutions are tailored for insurers, brokers, and their clients, allowing businesses of all sizes and industries to effectively address cyber threats. By leveraging data processing capabilities, KYND's technology enables clients to monitor their cyber risk in real-time, take proactive measures when necessary, and receive alerts about potential future risks. This approach simplifies the management of cyber risks, making it more accessible for organizations worldwide.

Morning Data

Acquisition in 2023
Morning Data is a provider of high-quality software and service solutions tailored for the global insurance and reinsurance industry. The company offers a range of services including comprehensive administrative support through its NOVUS platform, digital distribution channels, data transformation with CHALIS, workflow management via Eos Workbench, and sanctions checking to ensure compliance with regulatory standards.

Krug Sachverständigen

Acquisition in 2023
Krug Sachverständigen GmbH specializes in customized assessment services and innovative digital solutions for the automotive and insurance industries. The company offers a range of services, including motor vehicle damage appraisals, document verification, evidence protection, and car valuation assessments, tailored for both private and business customers. With a network of 120 permanent experts throughout Germany, Krug Sachverständigen combines technical expertise with AI-based software to enhance claims administration processes for insurance companies, car manufacturers, mobility service providers, and automotive body shops. The firm is dedicated to delivering industry-specific solutions that meet the evolving needs of its clients.

Mavera

Acquisition in 2022
Mavera is an independent insurtech company focused on improving the efficiency of personal injury claims for insurers. It operates a nationwide network of experienced and independent medical advisors who handle a wide range of claims, including those related to accidents, health insurance, illness, patient injuries, and various forms of personal injury. Mavera specializes in providing insurance services that streamline the medical administration processes, including risk assessment and workers' compensation. Its proprietary case management system supports insurers in managing claims more effectively, facilitating smoother interactions between medical advisors and clients.

sureti

Seed Round in 2022
Sureti is a technology company that streamlines the property claim process for owners, insurance providers, and contractors. It offers a platform that automates paperwork, handles payments, and ensures work completion before final payouts. The platform connects all parties involved, enabling efficient and secure management of claim disbursements.

Automated Insurance Solutions

Acquisition in 2022
Automated Insurance Solutions is an Insurtech company that specializes in developing intelligent digital automation products tailored for the evolving demands of a technology-driven claims environment. The firm offers a customizable liability assessment and first notice of loss (FNOL) decision-making tool, along with a modular claims management system. This enables clients to efficiently manage their entire claims process through a bespoke web-based platform. By focusing on digital solutions, Automated Insurance Solutions aims to enhance the efficiency and effectiveness of claims handling in the insurance industry.

Opta Information Intelligence

Acquisition in 2022
Opta Information Intelligence is a Canadian company specializing in aggregating structured risk information and property data. It serves insurance and corporate clients by offering tools and insights to manage and authenticate risk information, helping them identify business opportunities, enhance competitiveness, and make profitable decisions. Opta's extensive industry partnerships and access to claims history through its parent company SCM Insurance enable it to deliver valuable business intelligence. Its proprietary technology facilitates the understanding and synthesis of previously inaccessible information into actionable risk insights.

ACTINEO

Acquisition in 2021
ACTINEO GmbH is an insurtech company based in Cologne, Germany, specializing in digital solutions for bodily injury claims management. Founded in 2009, the company offers a comprehensive suite of services to insurance providers, including the procurement, structuring, and standardization of medical data related to personal injury. ACTINEO automates regulatory processes, develops predictive models, and creates artificial intelligence solutions aimed at enhancing the efficiency and transparency of claims management. Additionally, the company provides medically-based auditing and comprehensive medical reports, ensuring that personal injury claims are processed quickly, fairly, and with a high level of accuracy. Through its innovative approach, ACTINEO aids insurers in improving risk management and maintaining control over the claims settlement process.

HUGHUB

Corporate Round in 2021
HUGHUB is a customer-centric insurance technology platform that specializes in enhancing customer interaction and engagement across a comprehensive array of protection products. The company collaborates with insurers, brokers, and other insurance retailers to provide software solutions designed to unify existing core systems and functionalities. By integrating FinTech capabilities regardless of back-office infrastructure and product mix, HUGHUB creates a seamless, omnichannel experience for users. Their platform not only facilitates customer engagement but also streamlines the purchase and ongoing service of insurance products through an intuitive customer portal. This approach aims to improve clarity, efficiency, scalability, and cost-effectiveness throughout the insurance sales and distribution process.

Verisk

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.

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. Established in 2007 and based in Norwich, the company provides a suite of Software-as-a-Service solutions, including vCASE, a claims platform, and vPortal, which facilitates electronic claim submissions by third-party representatives. Additional offerings include AskLudo, software that detects overlapping hire vehicle claims, as well as comprehensive third-party claims outsourcing services encompassing claims analysis, management, and liability resolution. Validus-IVC also delivers consulting services, such as needs analysis and training, to enhance its clients' operational efficiency. The firm operates as a subsidiary of Marvel Newco Limited.

FirstBest

Venture Round in 2012
FirstBest Systems, Inc. develops software solutions specifically for property and casualty insurers, aiming to enhance underwriting profitability and operational efficiency. Founded in 2006 and based in Bedford, Massachusetts, the company offers a range of products designed to streamline the insurance process. Its solutions include underwriting workstations, agent portals, and business systems such as FirstBest UMS, which integrates underwriting and agent functionalities, and FirstBest Agent, a portal for managing new business and renewals. Additionally, FirstBest provides the Front Office Suite, which fosters collaboration among agents, brokers, and underwriters by incorporating business rules and predictive analytics. In 2019, FirstBest became part of Guidewire Software, further extending its reach and capabilities within the insurance industry.

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 legal and Medicare compliance services. The company assists insurers, third-party administrators, and employers by providing solutions that meet the requirements of the Medicare Secondary Payer Act. Its offerings include Medicare set-aside allocations, conditional payment investigations, lien reductions, and liability case consultations. Crowe Paradis employs an integrated approach that combines medical analysis with authoritative legal determinations, bolstered by the expertise of its legal and medical professionals. Recognized for its innovative analytical model, the firm has established itself as a trusted partner for many prominent property and casualty insurance companies and self-insured entities, effectively addressing their Medicare compliance needs.
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