This will allow insurers and home improvement professionals to quickly estimate repair costs.

With the new integration, HOVER's highly-detailed, interactive digital model will automatically import into Xactimate and XactAnalysis. HOVER then transforms those photos into an interactive 3D model with precise measurements of the exterior structure. Property professionals and policyholders can use the HOVER app on their mobile device to take a set of photos of a loss site. For more information, please visit and Verisk Team Up to Streamline Property Claims (PRNewsfoto/HOVER) Verisk is one of only 14 companies to appear on both lists. In 2016, Forbes magazine named Verisk Analytics to its World’s Most Innovative Companies list and to its America’s Best Large Employers list. Headquartered in Jersey City, N.J., Verisk Analytics operates in 23 countries and is a member of Standard & Poor’s S&P 500® Index. Around the world, Verisk Analytics helps customers protect people, property, and financial assets. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, and financial services. For more information, please visit About Verisk Analytics AIR Worldwide, a Verisk Analytics (Nasdaq:VRSK) business, is headquartered in Boston with additional offices in North America, Europe, and Asia. Insurance, reinsurance, financial, corporate, and government clients rely on AIR’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management. AIR founded the catastrophe modeling industry in 1987, and today models the risk from natural catastrophes, terrorism, cyber attacks, and pandemics globally. For more information, please visit About AIR WorldwideĪIR Worldwide (AIR) provides catastrophe risk modeling solutions that make individuals, businesses, and society more resilient. Arium specializes in developing risk models, primarily for the reinsurance industry, using a unique methodology based on dependency theory. “Combined with AIR’s leading models, Arium’s solutions will now enable customers to manage their extreme event risk from both property and casualty catastrophe exposures.”Īrchitects for Risk Identification, Understanding, and Management (Arium) was established in 1998 by Robin Wilkinson, former head of Legal Services at British Airways. “Arium is a valuable addition to the Verisk Analytics family of businesses, providing critical insurance expertise,” added Mark Anquillare, executive vice president and chief operating officer of Verisk Analytics. “Our casualty analytics platform extends well beyond product liability, enabling companies to run historical and emerging scenarios and build their own scenarios across all casualty lines to visualize how a single event can quickly spill over into other industries and their supply chains.” “We’re excited to join the Verisk Analytics family of businesses and expand AIR’s offerings through our expertise in liability risk,” said Robin Wilkinson, founder and managing director of Arium. “We believe Arium’s capabilities will allow us to do for casualty analytics what we’ve already done for property analytics, helping insurers and reinsurers comprehensively manage risk across their portfolios.” “The industry has been searching for a platform and methodology to manage the complete range of its casualty risk,” said Bill Churney, president of AIR Worldwide. Arium will become part of AIR Worldwide (AIR), a Verisk Analytics business, and will enable AIR to provide its clients with additional modeling solutions and analytics for the casualty market. (Nasdaq:VRSK), a leading data analytics provider, today announced it has acquired Arium, an independent company specializing in liability risk modeling and decision support. Jersey City, NJ (Feb 8, 2017) – Verisk Analytics, Inc. Acquisition extends AIR’s modeling solutions beyond property to casualty market

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