Enabling Insurers and Governments to map, calculate and understand potential losses and time of recovery within particular industry or territory.
Business Interruption insurance policies are often providing a “blanket cover” however acute factors identified in the Business Impact Analysis may allow continuous monitoring of specific critical factors, saving time, money and resources.
Although mathematical modelling is still prevalent among insurers and third party loss-assessors, Audeamus Risk aims to supply complementary quality data from the very source of potential loss.
Abundant amounts of data produced by organisations around the world may carry significant value for the Insurers and Cedents alike. IoT provides additional opportunity for third-party analytics specialist to place their qualified results through Audeamus Risk platform.
In a rigorous selection process involving a judging panel made up of subject-matter experts and the Regulation Asia editorial team, Audeamus Risk was selected to be recognised for its innovative next-generation reporting ready BIAX platform for operational risk resilience. The BIAX platform enables dynamic monitoring of the resilience posture and allows banks and regulators to take immediate corrective action rather than wait for ‘scheduled review periods’, which is commonly the case
Global Cyber Risk Perception Survey 2019, conducted by Marsh and Microsoft investigates the state of cyber risk perceptions and risk management at organizations worldwide, especially in the context of a rapidly evolving business environment.
The impact of operational risk on asset valuations has riddled the insurance industry for far too long. So far, it has focused on a two-dimensional view, but new standards and advanced technologies are allowing professionals to move to a real-time four-dimensional view, which forms a solid basis for dynamically priced risk.