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Verisk Acquires SuranceBay to Expand Life & Annuity Offerings with Enhanced Efficiency for Carriers and Distribution Ecosystem
ByAinvest
Thursday, Jul 17, 2025 2:16 pm ET1min read
Verisk has signed a definitive agreement to acquire SuranceBay for $162.5 million in cash. SuranceBay's solutions will become part of Verisk's FAST platform, enhancing efficiency between carriers and the distribution ecosystem. The acquisition underscores Verisk's commitment to streamlining the insurance buying and selling process and supporting the life and annuity industry.
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