Verisk Analytics has acquired SuranceBay for $163 million and signed an agreement to acquire AccuLynx for $2.35 billion, enhancing its capabilities in the insurance technology sector.

Target Information

Verisk Analytics, Inc., headquartered in Jersey City, New Jersey, is a leading global provider of data analytics and technology focused primarily on various sectors within the insurance industry. The company leverages advanced analytics to streamline operations for its clients, thereby enhancing underwriting and claims processes. To strengthen its position in the market, Verisk has made several strategic acquisitions, most recently acquiring SuranceBay for approximately $163 million on July 17, 2025.

SuranceBay is recognized for its innovative solutions in the realm of producer licensing, onboarding, appointment, and compliance, specifically designed for the life and annuity segments. This acquisition marks a significant step in Verisk's expansion strategy, directly integrating SuranceBay's capabilities into its life solutions offerings, thereby facilitating improved workflows across the insurance ecosystem.

Industry Overview

The data analytics and technology sector in the United States, particularly related to insurance, has seen substantial growth due to increased demand for efficient risk management solutions am