VRSK - Verisk expands to Europe with SV Krug acquisition
2023-04-26 06:09:37 ET
- Global data analytics and technology provider, Verisk ( NASDAQ: VRSK ) has acquired Krug Sachverständigen, a Germany-based motor claims solutions provider.
- The acquisition expands Verisk’s claims and casualty offerings across Europe.
- The acquisition is highly complementary to Actineo, a Verisk business that was acquired in 2021.
- “Verisk will add SV Krug’s established claims management solutions to Verisk’s leading data analytics and insurance ecosystem to provide an end-to-end claims solution to the European insurance market,” said Olav Skowronnek, managing director for Continental Europe at Verisk Claims Solutions. “SV Krug’s synergies with Actineo show great promise to support our clients by optimising operational efficiency and improving the customer experience.”
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Verisk expands to Europe with SV Krug acquisition