Gallagher Re has announced the deployment of the Allphins exposure management platform, becoming the first reinsurance broker to license this tool.
The global broker signed a multi-line agreement for the platform covering property, onshore energy, and terrorism lines.
The deployment comes as property catastrophe rates face continued pressure, encouraging brokers to find more tools to help cedants navigate these dynamics and optimise their treaty structures, while also providing reinsurers with clear data and the answers they need to deploy capacity.
To do this effectively, and to manage live event responses during both natural catastrophes and acute geopolitical shocks, brokers require granular, real-time exposure analytics to best manage during busy renewal cycles and live crises.
Brokers can now use the Allphins platform to gain immediate insights into a cedant’s current portfolio and its annual development.
Directly deployed to clients by Gallagher Re’s London team, the tool enables the identification of clash potential and the visualisation of accumulations within terrorism, energy, and property lines. These capabilities are essential for both responding to live events and designing treaties.
Laurent de la Porte, CEO, Allphins, commented: “The softening market brings intense focus onto structural terms and treaty design. To navigate this, brokers need auditable, live exposure data. By deploying Allphins across property and specialty lines, Gallagher Re is perfectly positioned to help cedants optimise their reinsurance programmes, while simultaneously providing reinsurers with the high-quality data they require to make faster, more efficient capacity decisions.”
With more than 30 reinsurance entities already using Allphins for exposure management, Gallagher Re has identified additional business classes as potential opportunities for further growth.
