Jersey City, NJ — March 18, 2021 — FAST, a Verisk (Nasdaq: VRSK) business, announced today that Pacific Life’s new variable annuity product, designed for Registered Investment Advisors (RIAs), is in production with FAST-hosted solutions. Seamlessly integrated into Pacific Life’s workflow, FAST’s solutions support Pacific Life’s new business, policy administration and distribution management capabilities. The launch marks an important milestone in Pacific Life’s digital transformation, which is focused on enabling greater product innovation, increasing speed to market for new products and processes, and expanding digital relationships with distributors and customers.
JERSEY CITY, N.J., March 16, 2021 — Group life insurance carriers can now accelerate their digital transformations with the expansion of flexible, easy-to-implement technology from FAST, a Verisk (Nasdaq:VRSK) business. FAST, a leading software provider in individual life insurance, is acquiring assets and capabilities of 4C Solutions, a software advisory firm in group life insurance, to help insurers meet the rapidly changing coverage needs of companies and their employees.
JERSEY CITY, N.J. — MARCH 3, 2021 — Verisk (Nasdaq:VRSK), a leading global data analytics provider, has introduced VeriskPay™, a digital payment solution that allows Verisk customers to rapidly receive and issue digital payments. Leveraging technology and expertise from Fiserv, Inc., a leading global provider of payments and financial services technology solutions, VeriskPay enables digital payments and payouts from within Property Preservation Wizard™, a work order management solution developed by Verisk’s Xactware business.
BOSTON, March 1, 2021 — Catastrophe modeling firm AIR Worldwide today announced that it is making its Catastrophe Exposure Data Exchange (CEDETM) database schema available as an open standard in order to facilitate accurate, efficient, and transparent data exchange throughout the insurance value chain, allowing companies to make better risk management decisions. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.