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Guy Carpenter launches new reinsurance optimization software


Global danger and reinsurance specialist Guy Carpenter has launched a brand new software that permits purchasers to evaluate and optimise their reinsurance construction.

The new MetaRisk Live software allows purchasers to immediately consider the affect of any adjustments to their reinsurance construction, leveraging Guy Carpenter’s MetaRisk platform – which is a complete suite of underwriting, reserve, disaster, credit score, and funding danger capabilities.

According to a launch, MetaRisk Live generates “easy-to-interpret outcomes illustrating the results of construction changes by 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 purchasers to align their approaches to reinsurance objectives and targets extra rapidly, a launch stated.

“MetaRisk Live is a improbable instance of how we’re innovating and collaborating with our purchasers to drive higher and more-informed reinsurance selections,” stated Guy Carpenter North America CEO John Trace. “Our capacity to mix superior analytics and demanding considering to ship a dynamic, ‘reside’ reinsurance structuring expertise will assist our purchasers higher navigate at the moment’s difficult market setting and produce our engagement to the following degree.”

Read extra: Marsh McLennan signs up for UN-backed resilience initiative

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

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