Verisk acquires Rebmark to extend claims offering in UK
Data analytics provider Verisk has acquired Rebmark Legal Solutions, a provider of injury claims solutions based in Sheffield, England.
With this acquisition, the company aims to extend its claims solutions offering in the UK.
"Rebmark’s solutions aid claimant and defendant lawyers, barristers, and claims handlers with the preparation of schedules of loss, which is particularly useful in complex, high-value injury claims where calculations can be very time-consuming and there is greater potential for error," said Rich Della Rocca, president of Verisk Insurance Solutions—ISO Claims Analytics. "Their innovative solutions are valuable additions to our existing claims offerings, including the ISO Claims Outcome Advisor [COA] product suite."
Joe Pendle, managing director, Verisk Claims Europe, added: "The traditional COA solution suite typically helps clients address small and fast-track claims. By aligning with Rebmark, we will now be able to address multitrack claims, particularly in the catastrophic injury claims space."
Verisk and Rebmark will offer a combined set of solutions that span the scope of personal injury claims and provide analytics and decision support throughout the life of a claim.
Mark Hewitt, director of Rebmark, said: "We’re excited to join the Verisk family of businesses. We look forward to adding our offerings to complement Verisk’s comprehensive suite of claims solutions and to helping customers automate otherwise manual, time-intensive work."
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