Acxiom Corp. and Fair, Isaac & Co. have announced an agreement to develop risk management software and sell it jointly. The software is aimed at property and casualty insurers.

Called Acxiom RM-Tools, the system will access and score information, including motor vehicle reports, claims histories, additional driver reports, and other relevant risk assessment data from a variety of data bases. RM-Tools will add demographic information to the customer file, develop a series of performance scores, and indicate which RM-Tools reports will add value to the underwriting process.

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