Allphins, the leading specialty risk solution provider, has announced that IRB Brasil RE, the global reinsurance company has selected the Allphins Energy solution 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.” explains Luis Brito, Head of Catastrophe Modelling, IRB Brasil RE. He adds: “We have gone through a long selection 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 la Porte, Allphins CEO, says: “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 a member of our growing community and enable them to make the most of their capacity.”