About Verisk Specialty Business Solutions
Verisk Specialty Business Solutions is a company based in London (United Kingdom) founded in 1993 was acquired by Verisk in August 2017. It operates as a SaaS (Software-as-a-Service). Verisk Specialty Business Solutions offers products and services including Rulebook with Python, Sequel Impact Platform, and Underwriting Solutions. Verisk Specialty Business Solutions operates in a competitive market with competitors including Supercede, Somerset Re, Neat, Cerchia and QuanTemplate, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Verisk Specialty Business Solutions
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Products & Services of Verisk Specialty Business Solutions
Verisk Specialty Business Solutions offers a comprehensive portfolio of products and services, including Rulebook with Python, Sequel Impact Platform, and Underwriting Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software enabling model production without IT dependency for actuaries.
Platform managing exposure complexity for insurance business operations.
Tools supporting underwriting processes with data-driven actuarial insights.
Funding Insights of Verisk Specialty Business Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Verisk Specialty Business Solutions
Verisk Specialty Business Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Verisk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
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Insurance data insight and risk analytics solutions for the insurance industry
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Verisk Specialty Business Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Verisk Specialty Business Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Verisk Specialty Business Solutions Comparisons
Competitors of Verisk Specialty Business Solutions
Verisk Specialty Business Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Supercede, Somerset Re, Neat, Cerchia and QuanTemplate, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Software suite for the reinsurance industry
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Reinsurance and life insurance services are provided by Somerset Re.
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White-label insurance solutions are provided for e-commerce businesses.
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Offers escrow-based solutions for secure payment processing.
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Data-driven decision making and compliance solutions are offered to reinsurance.
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SaaS solutions are offered for reinsurance risk assessment and pricing.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Verisk Specialty Business Solutions
Frequently Asked Questions about Verisk Specialty Business Solutions
When was Verisk Specialty Business Solutions founded?
Verisk Specialty Business Solutions was founded in 1993.
Where is Verisk Specialty Business Solutions located?
Verisk Specialty Business Solutions is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Verisk Specialty Business Solutions?
Lee Shavel is the current CEO of Verisk Specialty Business Solutions.
What does Verisk Specialty Business Solutions do?
Comprehensive software solutions for insurance and reinsurance sectors are offered by Verisk Specialty Business Solutions. End-to-end management of business processes is facilitated through powerful and flexible tools. Efficiency, flexibility, and data governance are enhanced for clients. Modern platforms addressing underwriting, pricing, and actuarial challenges are developed. The focus is placed on driving success in specialty insurance markets globally.
Who are the top competitors of Verisk Specialty Business Solutions?
Verisk Specialty Business Solutions's top competitors include Supercede, Somerset Re and Neat.
What products or services does Verisk Specialty Business Solutions offer?
Verisk Specialty Business Solutions offers Rulebook with Python, Sequel Impact Platform, and Underwriting Solutions.
Who are Verisk Specialty Business Solutions's investors?
Verisk Specialty Business Solutions has 1 investor. Key investors include Verisk.