Guy Carpenter launches new reinsurance optimization device

Guy Carpenter launches new reinsurance optimization tool

International threat and reinsurance specialist Guy Carpenter has launched a brand new device that enables shoppers to evaluate and optimise their reinsurance construction.

The brand new MetaRisk Reside device allows shoppers to immediately consider the influence of any modifications to their reinsurance construction, leveraging Guy Carpenter’s MetaRisk platform – which is a complete suite of underwriting, reserve, disaster, credit score, and funding threat capabilities.

In accordance with a launch, MetaRisk Reside generates “easy-to-interpret outcomes illustrating the results of construction changes by way of customized efficiency indicators,” that are attuned to the corporate’s distinctive key efficiency indicators (KPIs). This real-time analysis permits a extra environment friendly work course of, permitting shoppers to align their approaches to reinsurance targets and targets extra rapidly, a launch stated.

“MetaRisk Reside is a implausible instance of how we’re innovating and collaborating with our shoppers to drive higher and more-informed reinsurance selections,” stated Guy Carpenter North America CEO John Hint. “Our skill to mix superior analytics and important pondering to ship a dynamic, ‘stay’ reinsurance structuring expertise will assist our shoppers higher navigate as we speak’s difficult market setting and convey our engagement to the subsequent degree.”

Learn extra: Marsh McLennan indicators up for UN-backed resilience initiative

Marsh McLennan, the mum or dad firm of Guy Carpenter, just lately introduced that it’s supporting the United Nations’ Race to Resilience initiative. It’s doing this by investing in neighborhood tasks involving climate change resilience.