Verisk Analytics to Acquire SuranceBay for $162.5 Million to Expand Life & Annuity Offerings

Reuters

07-17

<a href="https://laohu8.com/S/VRSK">Verisk Analytics</a> to Acquire SuranceBay for $162.5 Million to Expand Life & Annuity Offerings

Verisk Analytics Inc. has announced the signing of a definitive agreement to acquire SuranceBay for $162.5 million in cash. This acquisition aims to expand Verisk's offerings in the life and annuity sector by integrating SuranceBay's solutions, including its renowned agency management software, SureLC™, into Verisk's FAST platform. The merger is expected to enhance the efficiency, agility, and scalability of operations between carriers and the distribution ecosystem, ultimately streamlining the insurance life cycle from purchase to claims. Verisk emphasizes the importance of this acquisition in fostering innovation and growth within the life and annuity market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verisk Analytics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9496257-en) on July 17, 2025, and is solely responsible for the information contained therein.

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This acquisition aims to expand Verisk's offerings in the life and annuity sector by integrating SuranceBay's solutions, including its renowned agency management software, SureLC™, into Verisk's FAST platform. The merger is expected to enhance the efficiency, agility, and scalability of operations between carriers and the distribution ecosystem, ultimately streamlining the insurance life cycle from purchase to claims. Verisk emphasizes the importance of this acquisition in fostering innovation and growth within the life and annuity market.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verisk Analytics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9496257-en) on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4123","symbol_name":"调查和咨询服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nNDL3125bd:1","article_id":"2552849514","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552849514","pubTimestamp":1752758943,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Verisk Analytics Inc. has announced the signing of a definitive agreement to acquire SuranceBay for $162.5 million in cash. 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This acquisition aims to expand Verisk's offerings in the life and annuity sector by integrating SuranceBay's solutions, including its renowned agency management software, SureLC™, into Verisk's FAST platform. The merger is expected to enhance the efficiency, agility, and scalability of operations between carriers and the distribution ecosystem, ultimately streamlining the insurance life cycle from purchase to claims. Verisk emphasizes the importance of this acquisition in fostering innovation and growth within the life and annuity market.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verisk Analytics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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