Empower your risk management
Our SaaS analytics platform is for risk managers who want to be more proactive in all aspects of natural catastrophe planning, monitoring and response. EigenPrism gives you insights to make informed and confident business decisions – without having to rely on third parties.
Get better insights and create more value
We help corporate risk managers create more value; our platform makes it easy for you to access better risk insights on demand. Here’s how corporate clients use EigenPrism for nat cat risk management …
Quickly identify data quality issues that could have an impact on insurance pricing during renewals. We help you find out, for example, if your location coordinates are inaccurate, or give you more info about potential hazards zones. This can result in lower premiums.
Know which locations should be a priority when allocating budget for risk planning. Where should you invest more in engineering or loss control? How will severe weather and climate change impact a specific location? Our platform helps you make more confident business decisions.
Put the cost-benefit program analysis into your own hands. Easily run financial stress tests to view how nat cat events would impact your insurance costs. For instance, analyze retention sensitivity by simulating more than 100 years of historical hurricane loss events.
More Informed Monitoring, Quicker Response
Get real-time data and alerts on your phone or desktop before, during and after a catastrophic event, so you can make fast, informed decisions. For example, which facilities might you close? Or, what does damage look like even when you can’t get there?
- Ensure the safety of people while keeping operations going as needed.
- Be first in line with loss adjustors when you know there’s a claim.
- Communicate losses with more certainty to key stakeholders.
We are now able to help our clients visualize and model their exposure to CAT loss from an extensive library of historical footprints; not just what the ‘closed box’ models give us. Notably, we can develop ‘what if’ scenarios to loss, enabling us to alert our clients of potential losses to impending and real-time events. In turn, that will help facilitate faster and more focused responses.
The EigenRisk team share our passion for leveraging advances in risk analytics to really empower and inform timely decision-making, whether our own, our clients or that of our markets, and we’ve been impressed by their collaborative approach. EigenPrism addresses a gap in the market for large corporate and multinational accounts which require an efficient and timely analysis of their exposure to natural catastrophes and we look forward to working with the team.
...I wanted to let you know the report related to hail at each of our stores has been invaluable! It was very well received in London by our insurance underwriters, and the report has formed the foundation for our capital plan for adding hail tents to 33 stores that, according to your analysis, fall into areas of high risk.