LexisNexis Risk Solutions to acquire Human API

LexisNexis Risk Solutions has entered into a definitive agreement to acquire Human API, a provider of consumer-driven health data to life insurance and healthcare customers.

Human API’s consumer consent management platform enables more seamless delivery of health data between consumers and life insurance and healthcare organizations. This approach supports consumers to more easily connect and consent to the use of their data, which facilitates delivery to insurance carriers of the important health data needed both to offer life insurance and to support automation of the underwriting process.

Founded in 2013, Human API has raised ~$36 million and it is backed by Allianz Life Ventures, SCOR, Guardian Life, and others. According to LinkedIn data, the company went from 97 employees in March 2022 to 62 employees today.

The acquisition of Human API will enable LexisNexis Risk Solutions to further its strategic aim of delivering innovative solutions while meeting the industry’s regulatory requirements and data privacy standards.

Completion is subject to customary closing conditions.