Verisk Analytics

M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms

Retrieved on: 
Wednesday, April 29, 2020
Data management, Professional services, Technology, Insurance, Software, Companies, Verisk Analytics, Ernst & Young, Business, Service companies, M Financial, FAST, Verisk

FAST, a Verisk (Nasdaq:VRSK) business, announced today that M Financial Group has licensed FAST software to help provide innovative products to its Member Firms and their clients.

Key Points: 
  • FAST, a Verisk (Nasdaq:VRSK) business, announced today that M Financial Group has licensed FAST software to help provide innovative products to its Member Firms and their clients.
  • The software, hosted by FAST, will serve as a key component of M Financials plan to accelerate its digital transformation and enhance the experience of its Member Firms and customers.
  • FAST is excited to work with M Financial, enabling them to autonomously and proactively address the needs of their Member Firms, said Tom Famularo, Managing Director of FAST.
  • With 146 Member Firms in 36 states and the United Kingdom, M Financial Group is one of the nations leading financial services design and distribution companies.

Xactware Announces New Vai-Powered Technology for Image Detection to Assist the Contents Packout Industry

Retrieved on: 
Thursday, April 23, 2020
Verisk Analytics, Lehi, Companies, Service companies

LEHI, Utah, April 23, 2020 (GLOBE NEWSWIRE) -- Packout professionals can save significant time inventorying contents items with new Verisk VaiTM technology in Xactwares ContentsTrack app.

Key Points: 
  • LEHI, Utah, April 23, 2020 (GLOBE NEWSWIRE) -- Packout professionals can save significant time inventorying contents items with new Verisk VaiTM technology in Xactwares ContentsTrack app.
  • Xactware is a Verisk (Nasdaq:VRSK) business with decades of experience providing contents estimating and packout solutions.
  • This new feature in ContentsTrack is part of the next generation of InsurTech solutions powered by Verisk artificial intelligence and automation, or Vai.
  • The success of a packout comes down to one factor: efficiency, said Xactware President Mike Fulton.

Verisk to Announce Fiscal First-Quarter 2020 Results on May 5, 2020

Retrieved on: 
Tuesday, April 14, 2020
Verisk Analytics, Companies, Service companies

JERSEY CITY, N.J., April 14, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider, will report its financial results for the fiscal first quarter ended March 31, 2020, on Tuesday, May 5, 2020, after the market close.

Key Points: 
  • JERSEY CITY, N.J., April 14, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider, will report its financial results for the fiscal first quarter ended March 31, 2020, on Tuesday, May 5, 2020, after the market close.
  • The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com .
  • Verisks management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, May 6, 2020, at 8:30 a.m. EDT (5:30 a.m. PDT, 1:30 p.m. BST).
  • All interested parties are invited to listen to the live event via webcast on the Verisk investor website at http://investor.verisk.com .

Supporting Customers through COVID-19

Retrieved on: 
Thursday, April 9, 2020
Economy, Finance, Money, Verisk Analytics, Business intelligence, Insurance, Analytics, Perry Rotella

This program reflects our two key priorities in these uncertain times: to protect the well-being of employees and communities and to provide uninterrupted service and support to customers.

Key Points: 
  • This program reflects our two key priorities in these uncertain times: to protect the well-being of employees and communities and to provide uninterrupted service and support to customers.
  • To support the program, Verisk substantially scaled up its capacity to stream and store video and supporting data.
  • Since rolling out the program in mid-March, more than 620 customers have signed up to access OneXperience and ClaimXperience.
  • Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services.

Lincoln Heritage Life Insurance Company Licenses FAST Insurance Components to Enable Digital Transformation

Retrieved on: 
Wednesday, March 11, 2020
Economy, Finance, Money, Types of insurance, Verisk Analytics, Insurance, Life insurance

Iselin, N.J., March 11, 2020 (GLOBE NEWSWIRE) -- FAST, a Verisk (Nasdaq:VRSK) business, announced today that Lincoln Heritage Life Insurance Company, a leading provider of final expense insurance, has selected FAST Insurance Components to help enable its digital transformation, from end-to-end.

Key Points: 
  • Iselin, N.J., March 11, 2020 (GLOBE NEWSWIRE) -- FAST, a Verisk (Nasdaq:VRSK) business, announced today that Lincoln Heritage Life Insurance Company, a leading provider of final expense insurance, has selected FAST Insurance Components to help enable its digital transformation, from end-to-end.
  • Lincoln Heritage plans to use FAST software initially to help its agents accelerate sales of whole life insurance.
  • In the future, Lincoln Heritage plans to use FAST software as its strategic end-to-end platform.
  • Founded by Jack Londen in 1963, Lincoln Heritage Life Insurance Company is the leading provider of agent-produced final expense life insurance in the U.S. with operations in 49 states.

Verisk Expands Inspection Collaboration Tool, OneXperience, to Commercial Lines

Retrieved on: 
Wednesday, March 4, 2020
Economy, Verisk Analytics, Finance, Money, Insurance, Jersey City, New Jersey, Insurance Services Office

OneXperience provides agents and policyholders with the ability to conduct live-feed video surveys of commercial properties in collaboration with insurers.

Key Points: 
  • OneXperience provides agents and policyholders with the ability to conduct live-feed video surveys of commercial properties in collaboration with insurers.
  • Insurers can also use OneXperience to request that Verisk review data submitted through the platform and provide analysis.
  • Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services.
  • Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poors S&P 500Index.

Verisk Financial | G2 Partners with KYC SiteScan to Provide Enhanced Merchant Onboarding Automation and Persistent Merchant Monitoring

Retrieved on: 
Monday, March 2, 2020
Verisk Analytics, KYC, G2, Companies

At the same time, KYC SiteScan has integrated the G2 Compass Score into its reports and API data.

Key Points: 
  • At the same time, KYC SiteScan has integrated the G2 Compass Score into its reports and API data.
  • G2 is proud to collaborate with KYC SiteScan to give acquirers the state-of-the-art data and technology they need to automate their merchant onboarding, underwriting, KYC, decisioning, and persistent monitoring.
  • KYC SiteScan and G2 provide complementary products that help our many shared clients during the merchant onboarding and ongoing monitoring life cycle, said Matthew Parker, principal and cofounder of KYC SiteScan.
  • G2, a Verisk (Nasdaq:VRSK) business and division of Verisk Financial, has been the world leader in merchant onboarding and monitoring since 2004.

Verisk Is Launching New Analytics Platform for Life Insurance Underwriting in Collaboration with SCOR

Retrieved on: 
Friday, February 28, 2020
Economy, Finance, Money, Actuarial science, Verisk Analytics, Types of insurance, Underwriting, Scor, Insurance, Analytics, Reinsurance, Supply chain operations reference

JERSEY CITY, N.J., Feb. 28, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider, is launching its new analytics platform for automated underwriting of life insurance in collaboration with SCOR, a Tier 1 global reinsurer.

Key Points: 
  • JERSEY CITY, N.J., Feb. 28, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider, is launching its new analytics platform for automated underwriting of life insurance in collaboration with SCOR, a Tier 1 global reinsurer.
  • Verisks new analytics platform is designed to help improve the life insurance buying experience for consumers and support insurers digital transformation.
  • Our new analytics platformwhich were developing in collaboration with SCOR Global Lifeuses advanced AI to automate the process: ingesting EHRs, analyzing their structured and unstructured data, and applying the insurers underwriting guidelines.
  • Our collaboration with Verisk demonstrates our investment in underwriting innovation in order to make life insurance more readily available and more relevant, said J.C. Brueckner, CEO of SCOR Global Life U.S. Access to electronic medical information is essential for life insurers using rules-based decision models for accelerated underwriting.

NICB Renews Verisk Contract to Manage Aggregated Medical Database

Retrieved on: 
Tuesday, February 25, 2020
Insurance fraud, Crime, Insurance in the United States, Law enforcement in the United States, National Insurance Crime Bureau, Verisk Analytics, Crimes, Property crimes, Fraud, Articles, Human behavior

JERSEY CITY, N.J., Feb. 25, 2020 (GLOBE NEWSWIRE) -- Verisk [Nasdaq:VRSK], a leading data analytics provider, announced today that the National Insurance Crime Bureau (NICB) has renewed its contract for the third time to host and maintain the Aggregated Medical Database (AMD).

Key Points: 
  • JERSEY CITY, N.J., Feb. 25, 2020 (GLOBE NEWSWIRE) -- Verisk [Nasdaq:VRSK], a leading data analytics provider, announced today that the National Insurance Crime Bureau (NICB) has renewed its contract for the third time to host and maintain the Aggregated Medical Database (AMD).
  • The partnership has resulted in the development of the AMDs award-winning platform to identify medical provider fraud for NICB and its member companies.
  • Its in the best interest of NICB, our members, and law enforcement partners to use medical and prescription billing data to create innovative solutions that combat medical fraud.
  • Della Rocca added, Were proud of our near 50-year commitment to fighting fraud, and our partnership with NICB strengthens our efforts focused on exposing medical provider fraud.

PSEG Elects Scott G. Stephenson to Board of Directors

Retrieved on: 
Friday, February 21, 2020
Public Service Enterprise Group, Companies, PSEG, Long Island Power Authority, Newark, New Jersey, Verisk Analytics, Economy of the United States, Geography of New Jersey

NEWARK, N.J., Feb. 21, 2020 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) announced that Scott G. Stephenson has been elected to its Board of Directors, effective Feb. 18, 2020.

Key Points: 
  • NEWARK, N.J., Feb. 21, 2020 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) announced that Scott G. Stephenson has been elected to its Board of Directors, effective Feb. 18, 2020.
  • "Scott's track record of strategic leadership, financial management and human capital management at Verisk Analytics will be a tremendous asset to our board," PSEG Chairman, President and CEO Ralph Izzo said.
  • Stephenson holds a bachelor's degree in mechanical engineering from the University of Virginia and an MBA from Harvard Business School.
  • Headquartered in Newark, N.J., PSEG's principal operating subsidiaries are: Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island.