IRB Brasil RE, the global reinsurance company, and Allphins, the leading specialty risk solution, today announced that it has selected the Allphins Energy for its exposure management.
“Achieving efficiency and accuracy in exposure management is critical to fuel our growth and profitability. We see our partnership with Allphins as a great opportunity to fully adopt industry-leading exposure management standards.” said Luis Brito, Head of Catastrophe Modelling, IRB Brasil RE. He added: “We have gone through a long selection of process, and finally selected Allphins for its flexible yet robust risk framework and technology.”
The Allphins platform will enable IRB teams to digitise and integrate risk submission data at scale, identify risk even when information is inconsistent or missing, enrich them with external data and perform ad-hoc risk analysis – all of which will help to optimise the profitability of its book of business.
Laurent de laPorte, Allphins CEO, said: “Transparent and accurate exposure management is vital to the reinsurance industry’s long-term success. Still, transforming risk data into ready-to-use insights is challenging due to the lack of consistency in data quality, coupled with the complexity of the analysis to perform. Allphins robust solution allows reinsurers to gain full control over their exposure and improve their underwriting performance. We are excited to welcome IRB as amember of our growing community, and enable them to make the most of their capacity”.
About IRB Brasil RE
Visit the IRB Brasil RE website: https://www.irbre.com/
Allphins is a leading InsurTech company that provides exposure and risk management services for specialty (re)insurers. Combining large datasets and emerging technologies,Allphins enables (re)insurance professionals to unlock additional value through better and faster analysis and decision making. Over 12 market leading reinsurance companies including TransRe, Chaucer, and MS Amlin trust Allphins to power their risk making decision. Allphins adaptative product line coversall major specialty lines including Energy, Political Risk, Trade Credit,Cyber, Casualty and Terror.
Headquartered in Paris, Allphins recently featured among the top 40 start-ups of STATION F,hand-picked among 1000 companies. Allphins was also part of the Lloyd's Lab Cohort 3, a reputable InsurTech accelerator within the Llody’s of London. Visit the Allphins website:https://www.allphins.com/
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