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VERISK ANALYTICS

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Verisk Analytics, Inc. : Intertek Forms Strategic Alliance with IntelliCorp to Offer Pre-Employment Screening Services

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06/27/2012 | 02:00pm EDT

Intertek (LSE: ITRK) a leading international provider of testing, inspection and certification services, today announced its strategic alliance with Intellicorp Records Inc., a subsidiary of Verisk Analytics (Nasdaq:VRSK) and a leader in pre-employment screenings. With the agreement, Intertek's Life Safety and Security clients will receive exclusive benefits via IntelliCorp to help streamline the process to complete employee background checks.

The agreement comes at a time when the industry is focusing its attention towards employees of alarm companies. Just recently, Arizona Governor Jan Brewer signed House Bill 2748 (HB-2748) that requires certification for employees who operate or work for an alarm business within the state of Arizona. Part of this certification requires an application and a background check that must be presented to the Board of Technical Registration before employment.

"We have been tracking industry issues, movements, and pending legislature related to the Alarm Installation Industry for the past several years, and I am pleased to announce that this service will position Intertek as the innovative service leader in this space yet again," said Tom Connaughton, Global Director of Intertek's Life Safety and Security Services. "With the recent passing of HB-2748 in Arizona, we expect there will be other states to follow suit, and we want to begin offering this value-added service to our clients now."

"IntelliCorp is proud of our joint endeavour with Intertek to provide the background screening services the Alarm Installation Industry requires," says IntelliCorp President Todd Carpenter. "We look forward to supporting the clients of Intertek with accurate and reliable information in order for them to make smart hiring decisions."

Intertek is the first nationally recognized testing laboratory to align with an employee background check company to offer this service and will be showcasing the new agreement at the 2012 ESX Trade Show in Nashville, TN at booth #1011.

About Intertek

Intertek is a leading provider of quality and safety solutions serving a wide range of industries around the world. From auditing and inspection, to testing, quality assurance and certification, Intertek people are dedicated to adding value to customers' products and processes, supporting their success in the global marketplace. Intertek has the expertise, resources and global reach to support its customers through its network of more than 1,000 laboratories and offices and 30,000 people in over 100 countries around the world. Intertek Group plc (LSE: ITRK) is listed on the London Stock Exchange and is a constituent of the FTSE 100 index.

Visit: www.intertek.com

About IntelliCorp

Intellicorp Records, Inc., a subsidiary of Verisk Analytics (Nasdaq:VRSK), is a national provider of pre-employment screening services. IntelliCorp offers solutions to organizations of all sizes to manage and reduce their risk when it comes to hiring and volunteer recruiting decisions. IntelliCorp's solutions and innovative technology provide customers a streamlined process, cost savings, and paramount privacy and security when it comes to protecting sensitive information. IntelliCorp's stringent quality assurance and control processes ensure the information provided is of the highest caliber. IntelliCorp specializes in delivering the background screening services organizations require to make the best decisions for their business.

Intertek
Michael Kremer, 847-871-1027
Cell: 630-337-8230
Fax: 847-439-7320
Michael.Kremer@intertek.com
www.intertek.com


© Business Wire 2012
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EBIT 2019 936 M
Net income 2019 651 M
Debt 2019 -
Yield 2019 0,77%
P/E ratio 2019 33,44
P/E ratio 2020 29,77
Capi. / Sales 2019 8,24x
Capi. / Sales 2020 7,71x
Capitalization 21 075 M
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Scott G. Stephenson Chairman, President & Chief Executive Officer
Mark V. Anquillare Chief Operating Officer & Executive Vice President
Lee M. Shavel Chief Financial Officer & Executive Vice President
Nicholas Daffan Chief Information Officer & Senior Vice President
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