Find FactSet company news, press releases, and investor publications.
FactSet Launches Comprehensive Sector Data for Insurance Industry
January 29, 2020
Addition of AM Best brings enhanced insurance-specific content to investment professionals
NORWALK, Conn., Jan. 29, 2020 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has launched US statutory insurance content from AM Best, a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry, across its distribution channels, including the FactSet workstation.
“Market demand for more comprehensive industry-specific data is accelerating and expanding our offering is a key part of FactSet’s deep sector content strategy,” said Kristy Karnovsky, Senior Vice President and Global Head of Research. “Insurance is one of the most sought-after areas, with AM Best the leader in the field. The integration of their content within FactSet provides clients with a single point of access to thoroughly analyze and uncover opportunities across the insurance landscape.”
The initial AM Best offering includes: detailed corporate structures, statutory data from investment schedules, loss reserves, core income statement, balance sheet and cash flow pages, as well as the ability to compare data across industry peers. All content is fully integrated within the FactSet ecosystem, allowing clients to utilize it across the entire investment workflow alongside additional FactSet, third party, and their own proprietary data.
“The addition of AM Best’s insurer financial data to the FactSet platform gives our customers a new way to access the content they need and lets them take advantage of FactSet’s tools and features to perform critical research,” said Shannon Laughlin, Group Vice President, Product Strategy and Business Operations, AM Best.
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 126,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For® and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.
About AM Best AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.