Acrisure Launches AcrisureIQ PRO for Reinsurance Portfolio Optimization
Acrisure, a multinational corporation operating in insurance, financial services, and other sectors, has recently expanded its technological offerings with the launch of AcrisureIQ PRO. This new tool, introduced in March, is designed to enhance reinsurance portfolio optimization. Meanwhile, the company has also bolstered its Corporate Advisory & Solutions division with several key appointments.
AcrisureIQ PRO, launched by Acrisure Re, empowers clients to adjust their portfolios by assessing business segments, consolidating portfolios, and evaluating reinsurance programs. It is part of the broader AcrisureIQ platform, which simplifies complex data into actionable insights. Ming Li, global head of CAT at Acrisure Re, praised the tool, stating it provides clients with 'actionable intelligence' for better risk management and portfolio optimization.
The AcrisureIQ suite also includes AcrisureIQ Spatial, a geospatial tool powered by SpatialKey. This tool aids in risk identification and strategy optimization. It incorporates AcrisureIQ Score, a risk scoring API that utilizes predictive analytics and machine learning to refine underwriting and decrease losses. Furthermore, AcrisureIQ Respond offers immediate insights during catastrophic events, helping to reduce losses and speed up recovery.
In addition to these technological advancements, Acrisure has strengthened its Corporate Advisory & Solutions division with several executive appointments in March. The exact names of the appointees can be found in official press releases or reports from Acrisure. These developments demonstrate Acrisure's commitment to equipping clients with analytical tools for managing risk and making confident decisions, as noted by Simon Hedley, CEO of Acrisure Re.
