Verisk Acquires Validus-IVC Ltd

JERSEY CITY, N.J., June 21, 2018 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired Validus-IVC, a top provider of claims management solutions and developer of the leading subrogation portal in the UK, verifyTM. Validus-IVC has offices in Norwich and Bath, United Kingdom.   The integration of Validus-IVC’s verify™ platform with…

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Insurers look to tackle the problem of inflated motor repair bills as criticism mounts

Article reproduced from the Insurance Post This summer has seen more headlines condemning for routinely inflating motor repair bills. The allegations centre on the practice of subrogation under which the non-fault insurance directs the car repairs, and then passes the cost on to the at-fault driver’s insurer. The practice is a sound one, reflecting long…

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