Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces the launch of a new exposure risk management tool, which combines the capabilities of two of its market leading global risk solutions.
The new tool, ImpactOnDemandSM, offers the functionality of Aon Benfield’s award-winning CatPortal and ExposureView solutions in one comprehensive package, as well as new features tailored to clients’ risk management requirements. ImpactOnDemand allows clients to visualize and quantify their risk exposures, and performs sophisticated data analysis to help clients make insightful business decisions.
It also provides clients with global risk mapping and portfolio analysis, including pre-binding underwriting analysis, risk driver analysis, claims planning and preparedness, post-catastrophe analysis, identifying exposure accumulations around terrorist targets, as well as providing them with a host of new and enhanced functions.
With ImpactOnDemand, clients are able to view and track exposures worldwide, providing up-to-date information on catastrophes including earthquakes, hurricanes, wildfires, tornado and hail events, volcanic eruptions, and other ad-hoc events.
Clients can map 500,000 risk locations in less than five seconds from their web browser, with no installation or data storage needed. Furthermore, there is no limit on the number of locations that can be uploaded, viewed and analyzed.
Dan Dick, Executive Managing Director of Aon Benfield Analytics, said: “Leading edge data analysis and reporting tools are becoming increasingly important to clients – the quality of data analysis can make a huge difference to their risk management strategies, and therefore the inherent strength of their business model. ImpactOnDemand allows clients to dynamically interact with their data to build and deliver reports instantaneously. They can upload and access new exposure or claims datasets at any time, to analyze current information when managing a catastrophe or monitoring portfolio growth.”
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About Aon Benfield
Aon Benfield is the world’s premier reinsurance intermediary and capital advisor, providing clients with integrated capital solutions and services. The company offers clients access to every traditional and alternative market in the world, through an international network of offices spanning over 50 countries and more than 4,000 professionals. Its worldwide client base is able to access the broadest portfolio of integrated capital solutions and services, world-class talent, unparalleled global reach and local expertise to best meet their business objectives. Aon Benfield is the industry leader in treaty, facultative and capital markets transactions.
For further information please contact:
David Bogg
Aon Benfield London
t: +44 (0)20 7522 4016
e: david.bogg@aonbenfield.com
Andrew Wragg
Aon Benfield London
t: +44 (0)20 7522 8183
e: andrew.wragg@aonbenfield.com
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