Verisk Names Tim Rayner President of Specialty Business Solutions
July 01 2022 - 4:00AM
Verisk (Nasdaq: VRSK), a leading global data analytics provider,
today announced that Tim Rayner has been named president of the
company’s Specialty Business Solutions group (formerly known as
Sequel), effective immediately.
An insurance industry veteran of more than 20 years, Rayner most
recently served as Chief Experience Officer for Verisk Specialty
Business Solutions. He played an active role in the acquisition and
integration of the Whitespace and Ignite businesses. He joined
Verisk in February 2018, after holding several leadership roles of
increasing responsibility at Miller Insurance Services.
“Those of us who work closely with Tim have been impressed by
his customer focus, leadership acumen and his vision for the future
of insurance. Verisk Specialty Business Solutions occupies a
coveted position in the marketplace, and Tim is the right leader to
accelerate the business’ momentum,” said Mark Anquillare, president
and COO, Verisk.
Verisk and Specialty Business Solutions are the number one and
two most trusted brands in the London insurance technology market,
according to the Independent Gracechurch Technology Monitor Report
2022. In addition to organically growing its innovative solutions,
Verisk has also made strategic acquisitions to support the
Specialty Business Solutions strategy including Whitespace and
Ignite, which enhanced the company’s capabilities and position in
the market. Verisk Specialty Business Solutions collaborates with
customers to develop data and application programming interface
(API) standards for the London Market. Its most recent initiative,
Sequel Hub, standardises messaging and automatically interprets,
translates and routes messages between brokers, carriers, delegated
authorities and market systems, bringing incredible efficiency to
distribution workflows.
“I’m incredibly excited and humbled to take on this role,”
Rayner said. “No other company has the technology, unique data
sets, insights and deep domain expertise that Verisk offers, and I
am thrilled to bring those resources to bear for our customer by
building an automated and integrated ecosystem that improves the
efficiency and productivity of the entire insurance value
chain.”
Rayner’s bio can be found here.
About Verisk Verisk (Nasdaq: VRSK)
provides data-driven analytic insights and solutions for the
insurance and energy industries. Through advanced data analytics,
software, scientific research and deep industry knowledge, Verisk
empowers customers to strengthen operating efficiency, improve
underwriting and claims outcomes, combat fraud and make informed
decisions about global issues, including climate change and extreme
events as well as political and ESG topics. With offices in more
than 30 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.
Media Contact
Ali Herbert
Ali.Herbert@verisk.com
201-469-3998
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