Risk analytics plays a key role from an incident/claims perspective through detailed risk and control interdependencies. Risk analytics ensures that management remains aware of risk information as it is reported. Equipped with this information, management can make decisions based on the impact of these risks on organisational objectives (given the control and response mechanism are already in place). It is essential to develop key action plans where controls are ineffective, and the risks do not fall within an organisation’s risk appetite
Our risk management solutions empower risk decision-makers through leading-edge technology. In order to assist organisations to lower their total cost of risk, the immediate cross-examination of risk and insurance data is a necessity. Many organisations struggle to achieve this goal, spending valuable time manually manipulating and consolidating the data across the enterprise. This is often at the expense of the ability to add real value to their organisations by helping reduce losses, and proactively manage and mitigate risks.
Indwe uses the latest analytics and modelling to identify trends and ensure that your risk appetite is aligned to your risk management maturity. The use of technology, supported by expert opinion and interrogation is key to mitigating risk effectively in modern organisations. Our Risk Monitoring and Alerts services notifies operations of major incidents in the area and, together with our data partners, we are able to identify focus areas for risk management initiatives.
LymeLyte is built on a cloud-computing infrastructure with unsurpassed technology and thought-leading risk management expertise. It is an innovative approach to risks, controls, incidents, claims, litigation, exposure, asset management and more.
LymeLyte includes the following:
With risk analytics, managers can remain aware of risk information as it is reported, ensuring that, based on the impact of these risks on the organisational objectives (given the control and response mechanism are already in place), appropriate decisions can be made.
To provide you with the best possible quote, please fill in the form below and one of our advisors will contact you shortly.