Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in global real-time catastrophe and conflict event analysis.
Financial details of the transaction, which was completed by Verisk’s Catastrophe and Risk Solutions business, were not disclosed. (See related article: With Tech Tools Galore, It’s an Exciting Time for Insurtech McKenzie Intelligence)
MIS provides rapid post-event damage assessment, military grade intelligence and actionable insights that empower real-time decision making in the aftermath of a major loss event. Other MIS services include:
- Faster, high resolution catastrophe event response: From pre-event alerting to post-event exposure damage and quantification, MIS gives insurers, reinsurers, brokers and loss adjusters the intelligence to respond quickly.
- Deepened SRCC and political violence risk insights: This acquisition extends Verisk’s leadership in Strikes, Riots and Civil Commotion (SRCC) and political violence risk analytics, bringing real-time, incident-level intelligence that activates when an event is unfolding.
“Verisk and MIS share a commitment to helping clients make faster, more confident decisions before, during, and after catastrophic events,” said Rob Newbold, president of Verisk Catastrophe and Risk Solutions, in a statement. “By bringing MIS’s real-time geospatial intelligence together with Verisk’s catastrophe models, risk analytics, and claims solutions, we can give clients a more complete view of unfolding events so they can assess impacts, prioritize response and support policyholders more effectively.”
MIS aggregates and analyzes multi-source geospatial data to provide re/insurers with rapid and precise insights to support:
- Financial and operational decisions
- Property-level damage assessments
- Confident claims resolutions
- Portfolio exposure estimates
- Claims triage
- Litigation support
“We’ve worked with Verisk to integrate real-time event data for rapid accumulation analysis, so it felt like a natural fit to join the team, especially as catastrophes grow increasingly disruptive around the world,” said Forbes McKenzie, founder of MIS. “Together with Verisk’s risk modeling and claims solutions, we can help insurers better serve policyholders during their most challenging moments.”
MIS will become part of Verisk’s Catastrophe and Risk Solutions, bringing its real-time geospatial intelligence into a broader portfolio of catastrophe risk modeling, global loss indexes, advanced analytics and risk data.
Along with Verisk Maplecroft’s expertise in monitoring external risks across operations, supply chains and investments, these capabilities will give clients a more connected view of emerging and unfolding risks — helping them prepare earlier, respond faster and make more confident decisions when events occur.
In 2025, Verisk acquired Verisk Model Exchange, a catastrophe modeling platform that enables the evaluation of multiple independent views of catastrophe risk within a single governed, vendor-neutral platform where open standards, including an open and non-proprietary exposure data framework, ensure every model runs on a consistent financial engine. Verisk Catastrophe and Risk Solutions is part of AIR Worldwide Corp., a wholly owned subsidiary of Verisk Analytics, Inc.
The MIS transaction is not expected to have a material impact on financial results.
Topics
Mergers & Acquisitions
Catastrophe
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