FactSet, a provider of integrated financial information and analytical applications, has launched US statutory insurance content from AM Best, a global credit rating agency, news publisher, and data analytics provider specialising 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,” says 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 analyse 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 utilise 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,” says Shannon Laughlin, Group Vice President, Product Strategy and Business Operations, AM Best.
