Information solutions company Experian has purchased ISL...
Information solutions company Experian has purchased risk modelling and analytics company Intermediary Systems Ltd (ISL).
ISL commercial director Mark Harrison said: "We expect to benefit greatly from the synergies between the two companies and Experian's support for our product development.
“Experian has been highly successful in providing solutions to the insurance sector, which include the claims underwriting exchange and motor insurance database.
"The wealth and variety of its information resources will help in further enhancing ISL's offering and our commitment to providing quality solutions for the insurance market."
Experian managing director Mike Prentice added: "With over 90 customer licences in place for its products and services, ISL is a market leader in the supply of high quality risk models designed to analyse and assist in the pricing of personal and commercial lines insurance.”
