Verisk Analytics Acquires Analyze Re

Verisk Analytics announced it has acquired three-year-old Analyze Re, a software analytics provider for the insurance and reinsurance industries, for an undisclosed sum. The Canadian startup, which raised a combo of $1.4 million in funding, offers top down analytics platform called Prime that aims to connect between reinsurer’s strategic objectives, market conditions, and the underwriter’s call to action in the name of profitability. In this case, got to wonder whether Verisk’s gain is CoreLogic’s loss?