Data analytics provider Verisk has launched a new product suite in the US aimed at providing easily configured and full-cycle re/insurance solutions that enable clients to quickly streamline their workflows and increase market agility.
The suite, aimed at enabling re/insurance professionals to efficiently manage critical process steps and calculate risk accumulation, includes the web-based analytical engine Sequel Impact; the workflow management solution Sequel Claims; and the pricing, underwriting, and distribution platform Sequel Rulebook.
Sequel Chief Operating Officer Rob Stavrou will oversee delivery of the product suite in the US.
Verisk says he has played a critical role in the success of the suite in the global specialty re/insurance sector, and has spent over 20 years in the global specialty market.
“Our clients are global insurers that need modern, easy-to-use solutions that combine technology, data, and analysis to enable them to make better-informed decisions quickly and easily,” Stavrou said.
“The power and agility of Verisk’s Sequel product suite combined with Verisk data analytics provides a unique offering to insurance organizations wanting to grow profitably in an ever-evolving marketplace.”
Ian Summers, Sequel Chief Executive Officer, added, “We are pleased to bring the Sequel product suite to the U.S. to further enable our specialty market clients to achieve profitable growth and optimize their business strategies.”
“Sequel solutions are fast to implement, completely flexible, and open to painless data integration from all types of sources.”
