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Verisk Analytics sells Verisk Marketing Solutions, terms undisclosed

Verisk announced it has sold Verisk Marketing Solutions to ActiveProspect. VMS, part of Verisk’s underwriting division, provides marketing solutions for customers in both insurance and non-insurance industries. “This transaction reaffirms our commitment to focusing on data, analytics and technology solutions for the global insurance industry while also demonstrating our discipline to invest in our highest-growth and return-on-invested-capital opportunities,” said Lee Shavel, president and CEO of Verisk. “The VMS team has built a differentiated, privacy-first platform and this transaction will ensure VMS has the opportunity to serve its customers and invest as needed in the years ahead.”

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