**Verisk Acquires Nasdaq’s Risk Modelling for Catastrophes to Expand Global Risk Assessment Capabilities**
On April 2, 2025, Verisk announced the acquisition of Simplitium Limited, a Nasdaq subsidiary operating the Nasdaq Risk Modelling for Catastrophes (NRMC) platform. The deal aims to broaden Verisk’s global catastrophe risk modelling capabilities by giving clients access to over 300 third-party models, enhancing insights into extreme event risks across niche and global scenarios.
NRMC, a SaaS platform built on the OASIS Loss Modelling Framework, supports in-house and third-party catastrophe models. By joining Verisk, NRMC will be integrated into its Extreme Event Solutions division, offering clients more granular and diverse views of catastrophe risk through open standards and cloud delivery. This integration will enable insurers, reinsurers, and brokers to make more informed, data-driven decisions to strengthen community and business resilience.
Gayatri Natarajan of Verisk emphasized that the acquisition reinforces Verisk’s role in supporting mitigation strategies and narrowing the global insurance protection gap. Nasdaq’s Magnus Haglind noted the deal allows Nasdaq to focus more deeply on its Financial Technology business.
Financial terms were not disclosed, and the transaction is not expected to materially impact financial results.
**About Verisk**
Verisk is a global data analytics and technology provider serving the insurance sector, offering tools to improve underwriting, claims, fraud prevention, and resilience strategies.
**About Nasdaq**
Nasdaq provides financial technology and market infrastructure, offering platforms and analytics to help clients navigate global capital markets.
For more, visit [verisk.com](https://www.verisk.com) and [nasdaq.com](https://www.nasdaq.com).