Walters Kluwer North America Acquires Uniform Info Services, Inc
Walters Kluwer North America has announced that it has acquired Uniform Information Services, Inc. [UIS] (Acton, MA), a leading provider of electronic and print forms and regulatory databases for the property and casualty insurance industry. UIS (http://www.uniforminc.com) will become part of CCH INCORPORATED (http://www.cch.com), based in Riverwoods, IL. CCH INCORPORATED is a leading provider of tax, securities and business law information and software, and a Walters Kluwer North America company. Terms of the sale were not released.
UIS is best known as the market-leading provider of forms for property and casualty insurance companies with more than 20,000 standard and custom forms sold in print and electronic formats. In addition, UIS includes ComplianceWare, a set of subscription databases addressing regulatory compliance for the consumer finance and insurance industries.
UIS will become a part of CCH’s Business and Finance Group (http://www.business.cch.com) which also manages NILS Publishing, a provider of U.S. insurance law and regulatory information. Together, NILS and UIS will market a full suite of compliance products for the insurance market including research databases, forms, and workflow tools. The consumer finance ComplianceWare database products will be integrated into the CCH banking product line.
UIS had 2001 fiscal year revenues of approximately $11.6 million and employs 61 people. UIS was founded in 1917, and evolved over 80 years into a specialized provider for the insurance industry.
Walters Kluwer North America is headquartered in Chicago, and is a unit of Walters Kluwer nv, Amsterdam (http://www.walterskluwer.com).
COPYRIGHT 2002 Information Intelligence, Inc.
COPYRIGHT 2002 Gale Group