Healix Risk Rating, now a Verisk company
Data and analytics provider Verisk Analytics announced the acquisition of Healix Risk Rating, which provides automated medical risk assessment in the travel insurance market. The company, founded in 2000, provides insurers with a ‘Black Box’, aka underwriting tools to conduct medical risk assessment online in the name of operational efficiencies. Speaking of M&A, Israeli software provider Sapiens announced the acquisition of Denver-based StoneRiver for $102 million. A cash kind of deal. Bottom Line: the rush toward all-in-one. Wait, but why?