Actineo, SV-Krug, and Rocket ES join forces under the Verisk brand to highlight its unparalleled Claims Management expertise in the German insurance ecosystem

Actineo, SV-Krug, and Rocket ES join forces under the Verisk brand to highlight its unparalleled Claims Management expertise in the German insurance ecosystem

Cologne, 03. September 2024. Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that three of its companies - ACTINEO GmbH, Krug Sachverständigen GmbH and Rocket Enterprise Solutions GmbH - are hosting a client event under the Verisk brand to demonstrate how they can support insurers and the claims ecosystem in Germany. Today's symposium, "Fachtagung Assecuranz" in Cologne, will showcase Verisk's deep expertise in bodily injury, motor and property claims in the German-language market, propelled by the acquisitions of these three companies in 2021, 2023 and 2024, respectively.

As the only independent provider of technology and services across multiple insurance lines in Germany, Verisk helps the claims ecosystem rethink claims management. Ninety percent of the largest German insurers rely on expertise from Verisk to address critical in-market industry challenges, including inefficient claims processing, shortage of talent, and data-based decision-making. Verisk supports more than 500,000 claims per year in the German market alone, helping clients make more accurate and efficient decisions based on standardized, objective and quality data from the respective lines of insurance.

Making it easier for German insurers to improve their Claims operations with Verisk

New at today's symposium, SV-Krug and Rocket ES will reveal new brand identities - "Krug, a Verisk business" and "Rocket, a Verisk business" - reinforcing their position as strategic partners with both local and global expertise and resources.

"By bringing these leading companies together under the Verisk brand, we're making it easier for insurers to discover the breadth and depth of Verisk's expertise in claims," says Samer Abou Jaoudé, Managing Director for Verisk Claims Solutions Europe. "Backed by the global resources of Verisk, we're better able to bring our clients into the digital future with leading data expertise, with modular technology that can improve their bottom line and help them deliver improved customer experiences."

Comprehensive, independent expertise

At a time of enormous cost pressure in the insurance industry, harnessing automation and outsourcing of end-to-end claims processes is becoming more important.

Verisk's independence and deep-rooted commitment to the insurance industry help clients reimagine their claims management process to improve accuracy, streamline workflows and deliver a great customer experience now and in the future.

The three German claims companies bring advanced cross-sector expertise to Verisk's Claims Solutions division:

• Bodily Injury Claims Management
  Led by Verena Klumb, Actineo, a Verisk business, is a leader in the digitalization and medical assessment of bodily injury claims, supporting over 80 insurance companies in minimizing risk and maximizing efficiency.
• Motor Claims Management
  Krug, a Verisk business, is led by Oliver Krug and combines more than 40 years of experience in the automotive market with modern digital solutions and assessment services in a flexible, full-service offering.
• Property Claims Management
  Led by Michael Rodenberg and based on several years of industry experience, the claims management platform of Rocket, a Verisk business, has established itself as an indispensable tool for recording and documenting claims.

The local expertise from these organizations is underpinned by Verisk's more than 50 years supporting the global insurance industry. In Germany, the company also offers solutions for assessing the risk of global natural catastrophes with Verisk's Extreme Event Solutions business division.

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About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

About ACTINEO GmbH
ACTINEO GmbH is an independent service provider specializing in the holistic risk management of bodily injury claims. Since 2009, the Cologne-based company has developed into the innovative market leader for the digitalization and medical assessment of bodily injuries. On behalf of over 80 insurance companies, Actineo provides innovative, medically competent and data-based support throughout the entire claims management process - so that bodily injury claims can be settled quickly, transparently and fairly. With 180 employees, it acts as a medical back office and can draw on experience from over 500,000 bodily injury claims and a database of more than 100,000 doctors. For more, visit actineogroup.com.

About Krug Sachverständigen GmbH
Since 1982, Krug Sachverständigen GmbH has been serving insurance companies, car manufacturers, mobility service providers, and automotive body shops with customized assessment services, digital tools, and AI-based software solutions for claims management. Based on technological innovation and a network of 120 permanent experts throughout Germany, SV Krug offers industry-specific solutions for private and business customers - from motor damage appraisals and document checking reports to securing evidence and determining vehicle valuations. With its flexible full-service offering, it processes 180,000 claims a year and maintains partnerships with six repair networks, two car companies and 38 insurance companies. For more, visit sv-krug.de.

About Rocket Enterprise Solutions GmbH
Rocket Enterprise Solutions GmbH is a Berlin based insurtech that specializes in the digitalization of claims and underwriting business processes for the insurance industry. In just a short time, Rocket's claims management platform has established itself as an indispensable tool for recording and documenting claims. Based on several years of industry experience, this solution enables the processing of more than 250,000 cases annually and improves scheduling and data quality. Every day, over 1,000 experts at 20 customers rely on Rocket's platform to run their claims operations. For more: rocket-es.com.

Media contacts:
Katrin Vogelsang | DJM Communication GmbH | Ronsdorfer Straße 55 | 40233 Düsseldorf |
+49 (0)211 90223794 | [email protected] | www.djm.com.de

Lara Cordes | ACTINEO GmbH | Mannesmannstraße 5 | 50996 Köln | +49 (0)2236 48003 122 |
[email protected] | www.actineogroup.com

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