Verisk Analytics Expands in UK

Verisk Analytics, a data analytics provider, said on Tuesday it acquired UK-based Emergent Network Intelligence (ENI), which provides UK domestic insurers with technological innovations that enable them to process claims more efficiently and to detect fraud.

“With the acquisition of ENI, Verisk`s clients in the UK can take advantage of technologically advanced tools that allow them to improve motor claims workflow and reduce their costs and exposure to fraud,” Verisk said in a statement. Terms of the transaction weren’t disclosed. The shares slipped 0.5% on Tuesday morning in New York.

By Garrett Hatch