Verisk acquires Morning Data

Verisk has acquired Morning Data, a London-based software provider for brokers and MGAs. The company, which was established in 1985, has over 30 clients.

London Market practitioners use Morning Data’s software to process a variety of styles of business and capture granular risk-level data, using global standards and structured data.

Morning Data will become part of Verisk’s Specialty Business Solutions.

“For more than 30 years, Morning Data has helped the market optimize operations with innovative software solutions. By joining the Verisk team, we’re looking forward to supporting the London and international insurance market in the next step of its digital transformation journey.” – Morning Data founder and CEO Kirstin Duffield.

“As a core system and integral part of clients’ daily workflow, Morning Data is trusted by insurers, broker and MGA customers to manage their risk placement processes. Together we’ll be able to help more coverholders, brokers and carriers reap the benefits of enhanced automation and streamlined workflows.” – Tim Rayner, president of Verisk Specialty Business Solutions.