The move is meant to facilitate accurate and transparent data exchange throughout the insurance value chain more efficiently, and to encourage additional analytics on a greater number of exposures.
Location Intelligence API and SiteIQ, employ RMS models and rich data layers built into the vendor’s Risk Intelligence platform.
AIR is also offering portfolio data coding services to Sompo International that include unique corporate identifiers and geocodes.
Sapiens partnership with the predictive cyber risk modeling firm will enable U.K. insurers to comply with PRA regulations and manage cyber risk.
Procor Solutions will deploy Scalable Risk Solutions’ smart property risk management platform, SenSOAR, to its clients.
Successful initiatives are very much about the partnerships that form coalesce between vendors, consultants, systems integrators and, of course, the ultimate end-user, the client.
The former Marsh executive founded RiskMatch, an insurance intelligence company, and guided the firm through a period of sustained, rapid growth.
The new platform for risk management and selection includes Advanced Risk Model Exeuction Services, a Risk Data Lake, analytics with modular REST APIs, and intuitive applications.
The 30-plus year veteran will have oversight of the organization’s corporate actuarial function including reserving functions, capital modeling and investment risk.
The service enables clients to take advantage of market inefficiencies, providing them the ability to optimize the balance between retained and transferred risk across a broad range of risks.