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Covington Advises Flyreel on Acquisition by LexisNexis Risk Solutions

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  • Covington Advises Flyreel on Acquisition by LexisNexis Risk Solutions

PALO ALTO/SAN FRANCISCO—Covington advised Flyreel, a Denver-based property insurtech that uses artificial intelligence (AI) and machine learning to enable self-service property inspections, on its acquisition by LexisNexis Risk Solutions.

Flyreel will become part of the insurance business within LexisNexis Risk Solutions, complementing the insurance data and analytics leader’s existing breadth of data assets and models that help assess risk for a structure's inhabitants and location.

The Covington team advising Flyreel included Denny Kwon, Tom DeFilipps, Thomas Lopez, Christen Sewell, Zach Agudelo, Ansgar Simon, Jon Endean, Brandon Palmen, Nira Pandya, Jonathan Wakely, Matthew Gragtmans, and Samuel Karson.

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