Verisk targets brokers and MGAs with Morning Data buy
Global data analytics and technology provider Verisk has bought Morning Data, a supplier of software to brokers and managing general agents in London and across the world.
According to Verisk, the purchase will enable it to expand straight-through processing and distribution solutions to the “underserved and growing market” of SME brokers, coverholders, MGAs, captives and re(insurers).
Established in 1985, Morning Data provides end-to-end processing, with full audit trails and ease of reporting. It has more than 30 clients worldwide including start-ups and established operations.
DealsUS-headquartered Verisk bought insurance and reinsurance software specialist
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