Acquisition extends Verisk’s claims solutions within United Kingdom
JERSEY CITY, N.J., November 9, 2017 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired Rebmark Legal Solutions Ltd. (Rebmark), a leading provider of injury claims solutions based in Sheffield, England.
With the acquisition of Rebmark, Verisk’s clients in the UK can take advantage of groundbreaking software and systems that save time, capture data, improve accuracy, and eliminate inefficiencies for those working in the injury claims sector.
“Rebmark’s solutions aid claimant and defendant lawyers, barristers, and claims handlers with the preparation of schedules of loss, which is particularly useful in complex, high-value injury claims where calculations can be very time-consuming and there is greater potential for error,” said Rich Della Rocca, president of Verisk Insurance Solutions—ISO Claims Analytics. “Their innovative solutions are valuable additions to our existing claims offerings, including the ISO Claims Outcome Advisor [COA] product suite.”
“The traditional COA solution suite typically helps clients address small and fast-track claims,” said Joe Pendle, managing director, Verisk Claims Europe. “By aligning with Rebmark, we will now be able to address multitrack claims, particularly in the catastrophic injury claims space.”
Together, Verisk and Rebmark will offer a combined set of solutions that span the scope of personal injury claims and provide analytics and decision support throughout the life of a claim. “We’re excited to join the Verisk family of businesses,” said Mark Hewitt, director of Rebmark. “We look forward to adding our offerings to complement Verisk’s comprehensive suite of claims solutions and to helping customers automate otherwise manual, time-intensive work.”