IRVING, Texas, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Beyontec has become a member of the Verisk Strategic Alliances program. Strategic Alliances enables Beyontec to work with Verisk’s ISO business and to use ISO’s offerings for creating products and services for Beyontec’s customers and for enhancing the capabilities of the Beyontec Suite.

“Integrating our products and services into our customers’ preferred platforms through our alliance program is a very efficient way for customers to receive the data and analytic tools they need to appropriately identify, select, and price property/casualty insurance risk,” said Mitchell S. Bierman, director, Verisk Strategic Alliances. “Through our vendor alliance, Beyontec can use our offerings for the benefit of its ISO-based customers. We’re happy to welcome Beyontec to the alliance, and we look forward to working with the Beyontec team.”

As a result of joining the alliance, Beyontec’s customers can benefit from being able to use information from Verisk/ISO to help improve their decision making on everything from risk selection to underwriting, from rating to pricing, from claims mitigation and adjudication to claims and loss analysis.

“We’re pleased to be a member of Verisk Strategic Alliances,” said Vivek Sethia, cofounder and CEO at Beyontec USA. “ISO’s long history of providing loss costs and other information to the P&C industry speaks for itself. And we look forward to enhancing the value of the Beyontec Suite by incorporating the power of ISO’s offering.”

About Beyontec
Beyontec Solutions, with U.S. headquarters in Irving, Texas, is a privately held company that provides its workflow-driven, fully configurable software, the Beyontec Suite, to the property/casualty insurance industry. The fully configurable Beyontec Suite gives insurers the independence and self-sufficiency they want, letting them configure products, processes, and workflows to suit their needs and preferences. For more information, please visit www.beyontec.com, e-mail sales@beyontec.com, or call 940-294-8080.

About ISO
Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. ISO is a Verisk (Nasdaq:VRSK) business. For more information, please visit www.verisk.com/iso. To learn more about the ISO Preferred Data Partnership, visit www.verisk.com/pdp or e-mail datapartner@iso.com.

About Verisk 
Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor’s S&P 500® Index. In 2017, Forbes magazine named Verisk to its America’s Best Mid-Size Employers list and to its World’s Most Innovative Companies list. Verisk is one of only seven companies to appear on both lists. For more information, please visit www.verisk.com.

Media contact:
Mark O’Brien
860-944-9022
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