Data analytics provider Verisk acquires Swedish SaaS-insurtech Mavera

Verisk, a global data analytics provider, has entered into an agreement to acquire Sweden-based InsurTech Mavera, a firm with a strong regional presence and established customer base for its personal injury claims management platform.

This addition of the Nordics personal insurance injury market leader will support Verisk’s expansion in Continental Europe and its continued growth as a technology and analytics partner to the global insurance industry.

Mavera, which was founded in 2008, has established an industry-leading position in the Nordic insurance market, thanks to its SaaS platform and data-driven approach that efficiently tackles complex personal injury claims while retaining the ‘human touch’.

Combining extensive industry knowledge with advanced AI technology Mavera makes the insurance claims process more accurate, efficient and compliant.

The company’s decision support platform is tailored to streamline claims assessments and decision-making, blending data with medical expertise from its exclusive network of medical advisers throughout the Nordic region.

Data analytics provider Verisk acquires Swedish SaaS-insurtech Mavera

Mavera technology, capabilities and access to medical expertise represent a highly complementary fit with the Verisk ecosystem of personal injury and claims solutions.

Last year, Verisk announced the acquisition of ACTINEO, a leader in the digitalisation and medical assessment of personal injury claims in Germany and Austria.

This also includes ACTINEO’s majority share of the joint venture subsidiary ANTEVIS, which offers innovative digital services for the medical codification and assessment of medical malpractice injury claims in Europe.

Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics.

by Peter Sonner