Verisk Analytics Inc. has announced a significant step in its strategy to deepen its role in the residential insurance space by acquiring AccuLynx, a leading software provider for roofing contractors, in an all-cash deal valued at $2.35 billion.
A Strategic Move in the Roofing and Residential Market
This acquisition positions Verisk to play a more influential role in a critical segment of the residential insurance landscape. Roofing represents one of the most costly components of property insurance, and with rising repair expenses and intensifying weather events, insurers are increasingly pressured to streamline operations and control costs. Verisk believes the integration of AccuLynx’s contractor software can help simplify insurer-contractor interactions—leading to faster claims processing and reduced expenses for policyholders.
Accelerating Claims and Reducing Costs
By leveraging AccuLynx’s technology, Verisk aims to improve collaboration between insurers and contractors. This move aligns with broader industry trends focused on efficiency and automation, particularly in light of increased demand for home repairs driven by extreme weather events.
Positive Market Response and Financial Outlook
Verisk’s shares rose 2% in premarket trading following the announcement. The acquisition is expected to close by the end of Q3 2025 and contribute to Verisk’s adjusted earnings per share by the end of 2026. Financial advisers for the deal include Goldman Sachs and PJT Partners for Verisk, while William Blair represented AccuLynx.
Strong Q2 Performance and Updated Forecast
In addition to the acquisition, Verisk also reported second-quarter earnings that beat analyst expectations. The company posted adjusted earnings of $1.88 per share—outperforming the $1.77 per share forecast by LSEG analysts. This performance was driven by strong demand from property and casualty insurers for Verisk’s risk assessment tools, amid an uptick in extreme weather activity.
Underwriting revenue rose by 8.3%, while claims-related revenue increased by 6.6%. Based in New Jersey, Verisk now anticipates full-year 2025 adjusted earnings per share between $6.80 and $7.00. The company also revised its full-year revenue forecast to a range of $3.09 billion to $3.13 billion, up from the previous range of $3.03 billion to $3.08 billion.
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