LexisNexis Risk Solutions announced theexpansion of its global-usage based insurance solutions with theacquisition of Wunelli, a telematics dataservices company based in the United Kingdom. The companies willwork together to empower insurers to leverage telematics data tomake timely, informed decisions, reduce risk exposure and improvecustomer experience.

OneShield Inc., will acquire specificstrategic and intellectual property assets of Clear Data Strategies LLC. Clear DataStrategies provides subscription cloud-based and site-installedsoftware solutions for claims processing and policy administrationfor the property and casualty insurance market. 

Westfield Insurance added Declaration (Dec) Pages to its Activity Notesdownload through IVANS Insurance Solutions, enabling Westfield todeliver more policy information directly to its independentagencies. 

The Greater Des Moines Partnership announcedits Global Insurance Accelerator initiative, whichwill create a world class accelerator to help grow insurance-basedtechnology startups. Teams entering the Global InsuranceAccelerator will be provided with a seed investment of $20,000 andan optional, discretionary $100,000 in a convertible debt note inexchange for equity in the company. The program is expected tolaunch in fall of 2014. 

Tech Development

CoreLogic announced the launch of its Flash Flood Risk Score, a new and unique dataanalytics tool designed to inform insurers of the overallprojection of flash flood risk beyond established Federal EmergencyManagement Agency floodplains. The Flash Flood Risk Score uses acombination of hydrology, meteorological and environmental databaseto provide a numeric risk score, ranging from 1 to 100, andcategorical risk rating, ranging from "Very Low" to "Extreme." Thistool enables underwriters to set guidelines for flash flood riskand evaluate portfolio risk exposure.