NU Online News Service, May 14, 2004, 9:03 a.m. EDT – Highline Data L.L.C., an affiliate of National Underwriter Company’s parent, Highline Media, has acquired certain insurance and banking data assets from Thomson Media, a division of The Thomson Corp.[@@]
Terms of the transaction were not disclosed.
Following the acquisition, Highline Data will have 2 principal product lines–one known as National Underwriter Insurance Data Services, and the other as Highline Banking Data Services. Prior corporate names that have been used in conjunction with these products, including Thomson Financial Insurance Solutions and Sheshunoff Information Services, will continue to be used during a brief period of re-branding.
The group’s leading products in insurance data, derived principally from the National Association of Insurance Commissioners’ statutory data, include U.S. Insurance, Insurance Analyst, Insurance Analyst Pro, and the InsLink spreadsheet add-in.
The group also publishes the newsletters Insurance Chronicle, Insurance M&A Weekly and the Daily Insurance Reporter. In banking, the group’s BankSource and BankSearch product lines deliver data principally from federal regulatory authorities, and provide proprietary financial, M&A and branch data on U.S. banks and financial institutions.