LIMRA and Verisk to fight crimes in life insurance, annuity and retirement markets
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LIMRA and Verisk (NASDAQ:VRSK
-0.4%)
are partnering to enhance capabilities of insurers and recordkeepers to help them combat fraud and financial criminal attacks on their customers.
This partnership expands companyâs extensive anti-fraud portfolio, which includes ClaimSearch, the worldâs largest database of property/casualty claims, used by more than 90% of the property/casualty industry, as well as for life insurance, long-term care and disability claims.

âLIMRA offers a valuable early-warning fraud detection system for the financial services industry for life insurance, annuities and retirement markets,â said Maroun Mourad, president of life and growth markets at Verisk. âWorking together, we can provide a well-rounded suite of anti-fraud and financial crime solutions for a broader scope of financial products with real-time access capabilities.â
Commentary on the stock by contributor who writes: 'Verisk: Data Is The New Oil'