LONDON- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has acquired Morning Data, a supplier of state-of-the-art software to brokers and managing general agents (MGAs) in London and across the globe. The acquisition enables Verisk to enhance and expand its solutions for straight-through processing and distribution to the underserved and growing market of SME brokers, coverholders, MGAs, captives and (re)insurers. Morning Data provides end-to-end processing, with full audit trails and ease of reporting. London Market practitioners can use Morning Data’s software to process a variety of styles of business and capture granular risk-level data, using global standards and structured data. "For more than 30 years, Morning Data has helped the market optimise operations with innovative software solutions," said Morning Data founder and CEO Kirstin Duffield. "By joining the Verisk team, we’re looking forward to supporting the London and international insurance market in the next step of its digital transformation journey." Morning Data will become part of Verisk’s Specialty Business Solutions, a modern, powerful and integrated suite of end-to-end management solutions. The suite enables insurance professionals to efficiently manage critical process steps and calculate risk accumulation and exposure impact across complex specialty lines. It includes the web-based […]
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