Verisk has announced a US$2.35 billion acquisition of AccuLynx, a software as a service (SaaS) provider focused on business management tools for residential roofing contractors, alongside the release of its second-quarter financial results.
The transaction is designed to expand Verisk’s capabilities in the insurance claims and restoration network, as the firm also reported year-over-year revenue growth and adjusted earnings for the period ended June 30, 2025.
Verisk reported Q2 revenue of US$773 million, up 7.8% from the same quarter last year. On an organic constant currency (OCC) basis, revenue increased 7.9%. Adjusted EBITDA rose 11.9% to US$445 million, with a 9.7% increase on an OCC basis. The company's net income was US$253 million, down 17.7% from a year ago, largely due to one-time gains recorded in the prior year. Diluted adjusted EPS climbed 8.0% to US$1.88.
Segment-wise, underwriting revenue increased 8.3% to US$550 million, while claims revenue grew 6.6% to US$223 million. Property estimating and anti-fraud solutions contributed to the claims growth. Verisk also reported a 22.6% increase in free cash flow to US$189 million.
The announced acquisition of AccuLynx, expected to close in Q3 pending regulatory approval, will be funded with a mix of debt and cash on hand. AccuLynx’s software supports various operational task such as sales, CRM, virtual measurements, materials ordering, and job management, mainly for contractors handling insurance-related roofing repairs.
According to Verisk, more than a third of property insurance claim value relates to roofing, and AccuLynx’s data will be used to improve pricing and process efficiency. The company’s integration into Verisk’s Property Estimating Solutions business is expected to enhance interactions among contractors, insurers, and adjusters.
During Q2, Verisk also completed a US$100 million accelerated share repurchase program. It updated its full-year 2025 guidance, raising expected revenue to US$3.09–US$3.13 billion and adjusted EBITDA to US$1.7–US$1.74 billion.
In addition to AccuLynx, Verisk finalized the US$163 million acquisition of SuranceBay on July 17. SuranceBay will be integrated into the company’s life solutions business.
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