LexisNexis Risk Solutions buys Insurance Initiatives Limited
The acquisition can help UK insurers win new opportunities with data and advanced analytics.
LexisNexis Risk Solutions has acquired Insurance Initiatives Limited (IIL).
IIL, which was founded in 2008, provides a data distribution platform that extracts, hosts and processes large quantities of data to deliver information predominantly into the point-of-quote in the UK's property and casualty insurance industry.
Win new opportunities
The acquisition of IIL is expected to help UK insurers transform business performance as well as to win new opportunities with data and advanced analytics
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