Breakthrough solution to strengthen your underwriting & risk management
PIER™ (Profiler for Insurance Exposure & Risk) is a breakthrough solution that integrates key risk management functions – underwriting, hazard assessment, scenario analysis and accumulation monitoring with high-resolution countrywide data for key perils in India, including earthquake, cyclone and floods.
PIER™ utilizes geospatial technologies providing business users with an integrated view of exposure, hazard and business data at lat/long resolution for the entire country hence improving identification, assessment, pricing and monitoring of risk across various lines of business.
How It Helps?
Provides a comprehensive hazard risk profile report (at lat/long level) to enable risk based pricing
Exposure accumulation functionality helping to understand risk attributes of a policy and its contribution to the entire portfolio
Proprietary risk scores for EQ, FL and Cyclone helping to asses vulnerability at location level
Return period hazard intensity maps for all three major perils to help ascertain and track the exposure in various return period zones (1 in 100 yrs, 50 yrs etc)
Monitoring business performance by visualizing key business information such as pincode wise achievement, loss ratio distribution, and overall market penetration
© 2021 RMSI Cropalytics. All Rights Reserved.