Acquisition brings comprehensive data and analytics to the Verisk Analytics risk management and supply chain solutions portfolio
JERSEY CITY, N.J., December 8, 2014 — Verisk Analytics, Inc. (Nasdaq:VRSK), a leading source of information about risk, today announced the acquisition of Maplecroft.Net Limited (“Maplecroft”), a leading provider of global risk analytics and advisory services. Using a proprietary data aggregation and analytical approach, Maplecroft enables its customers to assess, monitor, and forecast a growing range of worldwide risks, including geopolitical and societal risks, many down to the local site level. Maplecroft’s unique solutions are used by multinational companies, financial institutions, governments, and NGOs. Maplecroft is headquartered in Bath, England.
As part of the Verisk Analytics risk management and supply chain solutions portfolio, Maplecroft will be known as “Verisk Maplecroft” and will continue to deliver thorough analyses of geopolitical, societal, human rights, economic, and environmental risks for nearly all countries in the world.
“Maplecroft’s research, data, analytics, and platforms complement our world-class capability in natural catastrophe and extreme weather impact assessment to form a comprehensive set of analytics. The combination creates a solution set that will enable organizations to make informed risk-adjusted decisions for their assets, operations, and supply chains,” said Perry Rotella, group executive, Supply Chain Risk Analytics, and senior vice president and chief information officer of Verisk Analytics. “With this acquisition, Verisk establishes itself as a leading provider of value chain optimization tools, providing comprehensive quantitative risk analytics and platforms by which our customers can visualize, quantify, mitigate, and manage their risk.”
Professor Alyson Warhurst, founder and CEO of Maplecroft, said, “I am delighted to hand the reins to Verisk to lead Maplecroft at this exciting juncture. Verisk’s expertise in supply chain and data analytics will solidify Maplecroft’s reputation as a leading provider of global risk analytics and strategic forecasting to companies around the world. As part of the Verisk Analytics Family of Companies, Maplecroft’s portfolio of country risk products and supply chain management tools will expand in breadth and geographical reach.” Dr. Warhurst will transition into an advisory role.
The net purchase price is GBP 20.25 million. The transaction has closed and is expected to be neutral to adjusted EPS in 2015. Maplecroft will be reported within the Specialized category of Verisk’s Decision Analytics segment.
About Verisk Maplecroft
Maplecroft is a leading provider of global risk analytics and advisory services. The company’s expert country risk analysis, risk calculator, and mapping technologies are vital to the risk management processes of some of the world’s largest organizations. Its multi-award-winning Global Risks PortfolioTM has grown to encompass up to eight years of data, spanning 200 risk indices and more than 1,500 political, economic, societal, and environmental issues across 198 countries. The breadth of these analytics allows Maplecroft to identify current threats, emerging trends, and the risk trajectories of countries. This analysis also enables companies to assess, prioritize, and mitigate risk throughout their worldwide operations, investments, and supply chains.
About Verisk Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading provider of information about risk to professionals in insurance, healthcare, financial services, government, and risk management. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry expertise and unique proprietary data sets to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and many other fields. In the United States and around the world, Verisk Analytics helps customers protect people, property, and financial assets. For more information, visit www.verisk.com.
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Verisk Analytics, Inc.
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David Cohen
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Verisk Analytics, Inc.
201-469-2174
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Rich Tauberman
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