Aon Benfield Analytics has set the industry standard in managing catastrophe exposures. Since creating the industry's first probabilistic catastrophe loss estimation model for insurers 20 years ago, we have continued to deliver advanced analytics and superior service to our clients.
Our technologies include all commercially accepted models for virtually all global regions and encompass perils such as hurricane, storm surge, earthquake, fire (post-earthquake), severe thunderstorm, tornado, hail, winter storm, brushfire, and terrorism.
Aon Benfield's modelers thoroughly analyze property and workers' compensation portfolios to provide a complete spectrum of services including data collection, data cleansing, analysis of model results, accumulation analyses, "what if" scenarios, and catastrophe alerts containing the latest projections of storm path and intensity. The team can issue real time industry analysis and client-specific loss estimates within 24 hours of an earthquake, and immediately prior to and after a hurricane landfall.
Beyond being expert users of all major models, Aon Benfield's results interpretation provides clients with a comprehensive view of your portfolio. The team is in regular dialogue with all major modeling firms, and provides clients with detailed explanations of model changes and their potential effect on your results.
Aon Benfield Analytics has developed a suite of innovative applications, with more sophisticated uses, that can turn model results into a competitive advantage for our clients.
| ExposureView™ Proprietary analytics and risk mapping platform that enables clients to visualize and quantify the potential impact of a catastrophic event. |
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| Single Risk ModelingSM An ExposureView feature that allows clients to quickly obtain accurate and comprehensive modeled loss results for a single location policy before it is bound. |
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| Dynamic Portfolio Optimization™ Analytical tool that quantifies the specific impact each policy has on a company’s probable maximum loss (PML) and also considers the correlation of expected losses between each risk. |
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| Scenario PML Analyzer Web-based product that empowers clients to create your own ‘what-if’ growth or reduction scenarios and evaluate the impact on premium, AAL, policy limit, risk count, and the PML at customized returns. |
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| CatMetrics™ Suite of post-modeling analytic tools to estimate pricing, risk loads, and ROE of catastrophe excess of loss and aggregate reinsurance programs. |
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| Reinsurance Cost Allocation Analysis used to examine the contribution of segments of the insurance portfolio, such as line of business or business unit, to the overall cost of reinsurance. |