Verisk Analytics Expands Global Footprint with GeoInformation Group Acquisition

The GeoInformation Group offers large-scale mapping services and geospatial data and analytic solutions to a wide range of businesses and more than 300 public sector organizations.

(St. John’s College Old Library, Cambridge University. Photo credit: CharlieRCD.)

Verisk Analytics, Inc. (Jersey City, N.J.) a data analytics provider, has announced its acquisition of The GeoInformation Group, a leader in the field of geographic data solutions based in Cambridge, United Kingdom.

Scott Stephenson, Chairman, President, and CEO, Verisk Analytics.

Scott Stephenson, Chairman, President, and CEO, Verisk Analytics.

“This acquisition expands Verisk’s footprint in the U.K. as a data and analytics provider across multiple markets, including insurance, energy, and real estate,” comments Scott Stephenson, chairman, president, and CEO, Verisk Analytics. “The GeoInformation Group’s resources complement our risk management and predictive analytics capabilities internationally.”

The GeoInformation Group offers large-scale mapping services and geospatial data and analytic solutions to a wide range of businesses and more than 300 public sector organizations.

Combined Resources, Talent and Solutions

“We’re thrilled to be part of Verisk-a business clearly committed to providing innovation and value to customers,” comments Seppe Cassettari, CEO, The GeoInformation Group. “I’m confident our combined resources, talent, and solutions will enhance our offerings even more.”

GeoInformation is now branded as part of the Verisk family of companies and will continue to operate from its current location.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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