data analytics News

American Family Insurance Acquires Data Analytics Firm; Also Home Tech Firm

American Family Insurance said it intends to accelerate its use of data, advanced analytics and artificial intelligence (AI) with its purchase of Chicago-based data and analytics software company Networked Insights. American Family is a Networked Insights client and has been …

Verisk to Acquire Bankruptcy Data and Risk Management Firm LCI

Verisk Analytics Inc. has agreed to acquire LCI, a provider of bankruptcy risk prediction and management tools for banks and creditors. When the transaction is complete, LCI, based in Burlingame, California, will become part of Argus, Verisk’s data and advisory …

Verisk to Acquire London-Based Complex Data Software Firm Sequel

U.S.-based data analytics firm Verisk Analytics Inc. has agreed to acquire London-based insurance and software specialist Sequel from private equity firm HgCapital and other Sequel shareholders. Sequel specializes in software that “creates instant, intuitive understanding of the most complex data,” …

Willis Re North America Names Ingle Head of Analytics

Brian Ingle will lead the Analytics team for Willis Re North America following Alice Underwood’s appointment as head of Risk Consulting and Software. Ingle will report to Jim Bradshaw, CEO, Willis Re North America. Ingle joined Willis Re in 2006 …

Cape Analytics Now Offering Property Data in 8 Additional States

Cape Analytics, a start-up that relies on machine learning, computer vision and geospatial imagery to produce propriety property data for insurance carriers and others, is expanding. After a start in Florida, the California-headquartered company is now offering its data coverage …

Insurity Acquires Valen Analytics

Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers. Neither side disclosed financial terms. Valen is perhaps best known for its InsureRight Platform and its predictive analytic products designed …

Data Provider Location Inc. Gets California Department of Insurance OK

Location Inc. announced that the California Department of Insurance has approved its predictive crime analytics for rate filing, making it the 12th state the firm has received approval for rate filings. Location Inc. analytics collect raw data reported from local …

Verisk Acquires Analytics Firm MarketStance

Analytics firm Verisk Analytics Inc. has acquired MarketStance, a provider of market intelligence data and analytics to the property/casualty insurance market. Following the completion of the transaction, MarketStance will become part of ISO, a division of Verisk, and Dr. Fritz …

Verisk Analytics Buys UK’s The GeoInformation Group

Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired The GeoInformation Group, a leader in the field of geographic data solutions based in Cambridge, England. “This acquisition expands Verisk’s footprint in the U.K. as a …

Atlas General Insurance Services, LLC Hires Jesse Mauser as Vice President of Data Analytics

San Diego, CA, March 29, 2016 – Atlas General Insurance Services, LLC, a national multi-line program administrator, welcomes Jesse Mauser as Vice President of Data Analytics. Mauser will provide comprehensive coverage of business intelligence and data analytics, with a focus …