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     412  0 Kommentare Verisk to Acquire Rulebook - Seite 2

    The purchase price is $87 million in cash, funded through cash on hand and existing bank facilities, subject to typical closing adjustments. The transaction is expected to be accretive to 2019 adjusted EPS. In addition, Verisk expects the acquisition to generate an attractive return in excess of Verisk's cost of capital. The transaction is expected to close in the fourth quarter of 2018, subject to the completion of customary closing conditions.

    Verisk will discuss the transaction and Rulebook's solutions and business in greater detail at its upcoming Investor Day on December 6, 2018.

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    About Rulebook
    The Rulebook suite of products is the combination of a powerful rules engine and an insurance underwriting and broking desktop, together with a comprehensive analytics capability that enables clients to transact with and learn from their data for even the most complex lines of specialty insurance business. Rulebook supports companies primarily in the London Insurance Market but increasingly internationally. Founded in 2002, Rulebook is headquartered in London.
    For more information, visit www.rulebook.com.

    About Verisk 
    Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

    Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor's S&P 500 Index. In 2018, Forbes magazine named Verisk to its World's Best Employers list. For more information, please visit www.verisk.com.

    Contact:

    Investor Relations 
    Stacey Brodbar
    Head of Investor Relations
    Verisk 
    201-469-4327 
    stacey.brodbar@verisk.com

    Media
    Frank Lentini
    Edelman (for Verisk)
    212-704-4425
    frank.lentini@edelman.com





    This announcement is distributed by West Corporation on behalf of West Corporation clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Verisk Analytics Inc. via Globenewswire

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    Verisk to Acquire Rulebook - Seite 2 Combined power of Rulebook acquisition and Sequel enhances Verisk's position as a leading provider of insurance software solutions to the global specialty market JERSEY CITY, N.J., December 3, 2018 - Verisk (Nasdaq:VRSK), a leading data analytics …