West Acquires Insurance Services Firm Known For Compliance Content

Sunday, April 1, 2007 - 01:00

The Thomson Corporation has strengthened its position in the insurance compliance and advisory markets, announcing the acquisition of Oden Insurance Services, Inc., a leading provider of insurance compliance and advisory information and workflow tools. Oden will be aligned with Thomson West in the company's Legal segment; terms of the acquisition were not disclosed.

Tulsa, Okla.-based Oden is renowned for its extensive, authoritative compliance and regulatory content and innovative workflow tools, and its team of editorial specialists are widely recognized for their ability to organize, summarize and interpret insurance regulations. Tim Wahlberg, Thomson West vice president, Strategic Marketing, Corporate Segment, said Oden's editorial expertise and leadership position in the insurancecompliance market provides a complement to West's legal research information and software offerings.

Wahlberg said: "We've established a broad foundation of statutory, regulatory and compliance content and online tools. With Oden, we're accelerating our development of content and solutions geared to the unique needs of insurance practitioners, compliance professionals and underwriters. And, we're establishing the foundation for next-generation tools for specialized practitioners in key strategic markets such as insurance, financial services, human resources and other markets."