Verisk expands to Europe with SV Krug acquisition
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Global data analytics and technology provider, Verisk (NASDAQ:VRSK) has acquired Krug SachverstÃ¤ndigen, a Germany-based motor claims solutions provider. 
The acquisition expands Veriskâs claims and casualty offerings across Europe.
The acquisition is highly complementary to Actineo, a Verisk business that was acquired in 2021.
âVerisk will add SV Krugâs established claims management solutions to Veriskâs leading data analytics and insurance ecosystem to provide an end-to-end claims solution to the European insurance market,â said Olav Skowronnek, managing director for Continental Europe at Verisk Claims Solutions. âSV Krugâs synergies with Actineo show great promise to support our clients by optimising operational efficiency and improving the customer experience.â