Data analytics and technology provider Verisk has acquired Nasdaq subsidiary Simplitium Limited, which owns and operates Nasdaq Risk Modelling for Catastrophes (NRMC). Verisk described NRMC as a SaaS platform fostering an open ecosystem where specialised model partners share models, hazard data, and analytics to help bridge the global insurance protection gap. Built on Open Standards, [...] The post Verisk acquires Nasdaq subsidiary Simplitium Limited appeared first on ReinsuranceNe.ws.
Verisk is a New Jersey-based data analytics company that provides solutions including underwriting and workers compensation for industries such as insurance and energy.