Aviation underwriters are encountering increased challenges in accurately assessing risk exposure and managing portfolios, prompting a pressing need for real-time data insights and advanced tools, which Concirrus, an insurtech innovator, has addressed with the release of its Aviation Aggregations module.
As part of Concirrus’s broader Aviation platform, this new module enables insurers to better manage current and historical exposures, streamline decision-making, and assess portfolios in a highly complex landscape.
Leveraging Concirrus’ data-driven platform, it provides robust real-time exposure monitoring and sophisticated analytics that transform the management of aviation exposures.
Andy Yeoman, CEO of Concirrus, commented: “Our new Aviation Aggregations module represents a significant leap forward for insurers looking to improve their exposure management and decision-making processes.
“By delivering real-time, actionable insights, we are empowering our clients to make smarter, faster decisions and helping them stay competitive in a rapidly evolving marketplace.”
The Aviation Aggregations module includes several essential capabilities. On Cover Aggregations Monitoring allows real-time alerts and filtering to help assess exposure based on current portfolios.
Airport and Country Exposure provides quick insights into real-time and historical exposures by simply selecting a region, country, or airport.
Marginal Impact Analysis enables dynamic calculations of new business and renewal impacts through an integrated marginal impact tool.
Finally, Customisable Dashboards offer easy access to real-time exposure data with user-friendly, adaptable interfaces, making decision support more accessible and efficient.
