FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo
(Reuters) -Verisk agreed to acquire cloud-based software platform AccuLynx for $2.35 billion in cash, it said on Wednesday, as the data analytics and technology company aims to strengthen its tools for property claims.
The move comes amid increasing digitization across insurance-related industries, with companies seeking to reduce manual processes and accelerate turnaround times on claims.
