Average insurance losses from natural catastrophes are now at around US$133 billion (approximately £106.2 billion) annually, a record high, according to new data by Verisk. According to Verisk, the insurance industry would have to prepare for more than US$100 billion…
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Verisk Announces New Chief Privacy Officer
Verisk, a global data analytics and technology provider, has announced the appointment of Samantha Vaughan as chief privacy officer. In her new role, Vaughan will be responsible for developing and implementing policies to safeguard the data entrusted to Verisk, ensuring…
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Verisk Has Took Mavera Into It’s Powers As Per The Latest Insurtech Bulletins
Verisk, A data analytics provider has decided to take powers on Mavera, a Swedish based InsurTech firm. But currently the amount of it’s takeover is not disclosed as per the reports. This deal leverages Verisk’s expansion in Continental Europe and…
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Verisk Names President Of Specialty Business Solutions
With immediate effect, Tim Rayner president of Verisk’s Specialty Business Solutions division (formerly Sequel), has been appointed as the company’s global data analytics provider. Rayner has been in the business for more than two decades. At Specialty Business Solutions, where…
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Verisk Launches Tool To Streamline Total-Loss Claims Process
Verisk, an insurance analytics company, has launched Lien Check, a new technology that automatically gives claims handlers with important lender data points to speed up the process for total-loss vehicle claims. According to Verisk, total-loss claims are inefficient because claim…
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Verisk to sell financial services unit
Data analytics provider Verisk has announced that it has entered into a definitive agreement to sell Verisk Financial Services, its financial services business unit, to TransUnion for US$515 million (about £378.46 million) in cash consideration, paid at closing. Verisk Financial…
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