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Verisk Acquires Data Driven Safety To Further Expand Auto Insurance Analytics

PRIVATENov 02, 2021

Acquiring Company

Verisk

Acquired Company

Verisk Analytics

Jersey CityProfessional ServicesSustainabilitySoftwareData And AnalyticsScience And EngineeringInformation TechnologyInformation Services

Description

Verisk (Nasdaq:VRSK), a leading global data analytics provider, has acquired Data Driven Safety, a leading public record data aggregation firm that specializes in driver risk assessment in the United States. The acquisition will expand Verisk’s robust auto insurance analytics, providing insurers with information to further refine underwriting, improve the customer experience and promote public safety.

Quick answer

Verisk is acquiring Verisk Analytics, announced November 2, 2021.

How much did Verisk pay for Verisk Analytics?
The deal value was not disclosed.
What does Verisk do?
Verisk (Nasdaq:VRSK) provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries.
Where are Verisk and Verisk Analytics based?
Verisk Analytics is based in Jersey City, New Jersey, United States.

Source: Fundz verified event record.

Other recent acquisitions in Professional Services and Sustainability

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Verisk

About

Verisk (Nasdaq:VRSK) provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company's advanced technologies to manage risks, make better decisions and improve operating efficiency. The company's analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook and YouTube.

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Frequently asked

Who acquired Verisk Analytics?

Verisk Analytics was acquired by Verisk. The deal was reported on November 2, 2021. Verisk (Nasdaq:VRSK) provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries. Verisk is privately held and operates in Professional Services.

When did Verisk acquire Verisk Analytics?

Verisk's acquisition of Verisk Analytics was reported on November 2, 2021. Verisk (Nasdaq:VRSK), a leading global data analytics provider, has acquired Data Driven Safety, a leading public record data aggregation firm that specializes in driver risk assessment in the United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Verisk Analytics do?

Verisk Analytics is a data analytics and risk assessment company. It serves various industries including insurance, financial services, and energy. The company leverages data and analytics to provide insights for better decision-making. It is publicly traded (VRSK), operating in Information Technology, and is based in Jersey City.

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