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Verisk Analytics to Acquire Sequel

Staff Writer | August 21, 2017

Verisk Analytics has signed a definitive agreement to acquire Sequel from HgCapital and other Sequel shareholders. Sequel is a leading insurance and reinsurance software specialist based in London.

The acquisition will further expand Verisk's offerings to the global complex commercial and specialty insurance industry, enabling integrated global data analytics through a specialized end-to-end workflow solution.

Sequel is a pioneer in complex commercial and specialty insurance software innovation, with a diverse customer base that includes some of the world's largest specialty insurance players. The company's solutions are used by thousands of professionals across the industry and underpin the core workflows throughout the value chain while assisting clients in gaining competitive advantage.

"Sequel's strong position in the London insurance market will allow Verisk to build on our footprint in the UK, reinforce our deep long-term commitment to a strategic market, and expand our customer sets in global insurance markets," says Mark Anquillare, chief operating officer of Verisk Analytics. "This supports our vision to deeply integrate into our customers' workflows and adds to our data assets, deep domain expertise, and steady stream of first-to-market innovations."

"We're proud to be joining Verisk, whose vast data, experience, and technology capabilities, combined with our leading workflow solutions for complex commercial and specialty insurance, will improve all the services that we offer our customers," says Mario Garcia, CEO of Sequel.

"Sequel and its software tools will be a valuable addition to Verisk Analytics as we develop new ways to innovate with our customers around the world," adds Scott Stephenson, chairman, president, and CEO of Verisk Analytics.


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