Verisk Analytics Enters Egypt Health Insurance Market Via AXA Deal
Portfolio Pulse from Shivani Kumaresan
Verisk Analytics Inc (NASDAQ:VRSK) has entered the Egypt health insurance market through a deal with AXA Life & Health Reinsurance Solutions. Verisk will provide its Health Risk Rating Tool and Ratings Engine to automate health insurance underwriting based on pre-existing medical conditions of AXA's customers. The tool will be marketed as AXA's Intelligent Medical Acceptance Tool (IMPACT).
August 28, 2023 | 11:50 am
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Verisk Analytics has entered the Egypt health insurance market through a deal with AXA. This could potentially increase Verisk's revenue and expand its global footprint.
The deal with AXA allows Verisk to enter the Egypt health insurance market for the first time, which could lead to increased revenue. Additionally, the use of Verisk's tool in a new market could enhance its reputation and expand its global footprint.
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