Around the P&C insurance industry: Jan. 22, 2020

News from the IMCA, Sedgwick, Liberty Mutual and more. (Photo: Shutterstock)

Vexcel Imaging, a photogrammetric hardware and software technology provider, signed a definitive agreement to acquire the imagery sourcing group from Verisk’s Geomni business. Combining Vexcel’s sensor business and data program with Geomni’s imagery surveying and content-related teams, along with its fixed-wing aircraft and aerial operations, mapping business and oblique aerial image library, Vexcel intends to create a leading geospatial data library. Verisk will be a minority owner in Vexcel with full access to all aerial imagery libraries. Geomni’s analytics team and assets will remain part of Verisk and will work closely with Vexcel on a “strategic road map” and joint projects.

The Insurance Marketing & Communications Association (IMCA) announced it has launched its new IMCA CMO Council, an exclusive council for top marketing and communications professionals in insurance providing a networking and educational resource. The IMCA CMO Council is open to marketing and communications professionals affiliated with insurance carriers, brokers, managing general agents, and other industry firms. Senior leaders will participate in discussions on trending topics; hear from peers as well as advertising and social media executives; join in panels or roundtable discussions moderated by journalists, and engage in networking events. A steering committee currently is being assembled.