Connected Risk Intelligence

We identify your key risks and build models to quantify and forecast the losses you could experience that could threaten your strategic priorities, considering insurable and non-insurable risks, depending on what you need.

Our analysis puts numbers around what could happen, how likely it is to happen and how bad it could be financially. We define the likely total cost of losses in a typical year, an average year and in an adverse year scenario, from the moderately bad to the catastrophic.

After we build a quantitative framework of the potential losses for each material risk, we then think about correlations and diversification.

If you have a bad year in your liability risk, are you also going to have a bad year in property, cyber or something else? Or maybe not?

We help you recognize those risks likely to manifest simultaneously and risks where the likelihood of them happening collectively or coincidentally, is low.

We typically call on historical claims, exposure details and industry data to build frequency and severity models, but can also customize our modeling approach based on the type of risk you want us to look at, what data is available and what you need from the analysis.

You choose the level of inputs and level of detail you require. If a broader-brush view is enough, we can work with that. If you want to supply detailed datasets, we’ll run our models to generate a more granular and bespoke view.

We identify feasible options that consider your business imperatives and preferences, as well as the insights from our risk quantification analysis.

We work with our brokers to test individual policy options, giving you an indication of what’s achievable in current insurance markets.

For each structure option, we let you know how much loss you’d be expecting to retain and how much you’d be transferring; how much loss you would retain and transfer in an adverse year, and how does the premium spend align or not with the transfer of forecasted losses.

We can also test alternative risk transfer structures, or integrated placements where you buy an aggregate across multiple lines of coverage. Connected Risk Intelligence links you to our global network of brokers and risk management specialists dedicated to making your optimized risk and insurance program happen.

What do you need, what can you get, and what alternative could push your risk spend further? Our team works with you to turn risk optimization theory into financial value-generating practice.

By evaluating options from across different risk markets within a common framework, you can arbitrage markets that aren’t otherwise in competition with one another, for example, property insurers and D&O carriers.

Connected Risk Intelligence goes beyond looking at your risk in isolated silos. It combines powerful data analysis for a portfolio view of risk. You can visualize your risks in a single framework that clearly sets out where you can cut costs without increasing risk.

We map your options in terms of cost and risk to form a ‘cloud’ of potential risk financing strategies (see graphic).

Each strategy or ‘dot’ on the cloud represents a unique combination of feasible risk financing options.

We highlight the most efficient strategies on an ‘efficient frontier,’ representing those combinations that most efficiently trade off the cost of insurance and the cost of retaining risk for your organization.

How well does a policy protect you against specific loss outcomes? What happens to cost and risk with different combinations of, for example, high limits in one risk area and lower limits in another? Connected Risk Intelligence lets you test and learn to reveal what the most efficient combinations look like for your business.

The output of this approach is a detailed path of the steps you need to deliver the most effective and efficient risk financing program available.

We’ll help you identify and implement the portfolio option that’s right for you. You can be more confident your risk strategy is right for your business; your risk exposure is at the correct level and that you’re paying only what you should to protect the business, and no more.