Global risk management firm Crisis24, a GardaWorld company, has finalised the acquisition of Germany-based risk management firm EXOP Group, which it said will expand Crisis24's global footprint and intelligence resources.
With over 120 analysts on four continents and 24/7 global operations centres, Crisis24 provides curated intelligence and technologies to aid efficient operations. The team monitors and analyses global developments and threats to deliver solutions to help clients mitigate and manage risk anywhere in the world.
An artificial intelligence (AI)-driven risk management company, EXOP Group delivers mobility risk management services through human intelligence, AI and machine learning and leading technology.
"We're proud and excited to join forces with a global champion in the integrated risk management space” said Alexander Sprich (pictured), CEO of EXOP Group. “By combining man and machine intelligence, while expanding our capabilities on a global scale, our clients now have greater access to business-essential capabilities and innovative solutions. Joining forces with Crisis24 will allow us to expand rapidly in Germany by giving us the global reach GardaWorld offers yet keeping a highly flexible and boutique approach for our customers."
The strategic acquisition of EXOP will increase Crisis24 capability to provide the most comprehensive intelligence and security risk management services available on the market protecting businesses and saving lives.
Grégoire Pinton, managing director and global head of integrated risk management for Crisis24, said: "As the world continuously changes, so do the threats associated with the complexities of global risk. It is not only important, but critical, to have a proactive and integrated approach to managing risk to ensure clients and assets are informed and protected 24/7 both locally and globally. Combining Crisis24's three decades of highly curated human intelligence with EXOP's AI solution will create the most powerful and integrated risk management platform available.
“EXOP's 24/7 response operations centre based in Konstanz, Germany will be integral in growing our own response capabilities and locally strengthening the support of our clients in and from the DACH region (Germany, Austria, Switzerland), while using our global capabilities and boots on the ground. We're thrilled to see the momentum of this acquisition as we prepare for accelerated growth, increased resources, and career possibilities for our teams within an agile structure. This move underscores our commitment not to just lead the industry but propels us to revolutionise it through innovation."
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Crisis24, GardaWorld, EXOP Group, Acquisition, Risk Management, AI, Insurance, Reinsurance, Alexander Sprich, Grégoire Pinton, Germany, Europe