Verisk to buy Sequel for £250m
US-based Verisk hopes to build its footprint in the UK with Sequel which provides software to the London Market.
US-based data analytics provider Verisk Analytics has bought insurance and reinsurance software specialist Sequel for £250m.
Verisk purchased Sequel from HG Capital and other shareholders.
The deal has been designed to further expand Verisk’s global commercial offerings.
According to a company statement, Sequel, which has its headquarters in London, employs insurance and technical experts in the UK and Spain who focus on “complex commercial and specialty insurance and serving its clients’
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