November 18, 2009 (FinancialWire) — Verisk Analytics (NASDAQ: VRSK) announced the acquisition of Enabl-u Technologies, a leader in providing loss-prevention services to the retail industry.

Enabl-u offers data management, analytics, and training services used by many leading retailers’ loss-prevention operations. By working closely with retailers and retail industry groups, Enabl-u develops best-in-class, widely used loss-prevention services. More recently, Enabl-u’s technology was adopted as the data-sharing platform for the American Banking Association’s initiative for banks to report, analyze, and share bank robbery, burglary, and ATM crime data among member banks and with law enforcement.

Vincent Cialdella, senior vice president at Verisk’s ISO subsidiary, said, “We were immediately impressed by the robust and flexible nature of Enabl-u’s technology and became even more interested in Enabl-u after speaking to Enabl-u’s clients and retail industry leaders. Our goal is to create significant value for retail and supply chain participants by combining the data management and analytic skills of Verisk with Enabl-u’s technology and our CargoNet service. We are pleased to welcome such an outstanding company to our enterprise.”

The Enabl-u e-learning platform was recently used for the creation and launch of the industrywide retail loss-prevention certification program offered through the Loss Prevention Foundation. The not-for-profit organization is directed by a board of directors comprising key executives from a variety of retail companies ranging from Walmart to Polo Ralph Lauren.

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