“ Offering simplified and efficient integration, Moody’s RMS Location Intelligence API solution combines our strength in catastrophe modeling with the latest technology, to deliver risk data into the heart of the innovative Alwrite platform” Alok Kumar, managing director, India, Moody’s RMS, said
New Delhi:
Insurtech Alwrite, a quote placement and underwriting platform for the commercial lines of business in India, has adopted Moody’s RMS® Location Intelligence API application.
The integration of Moody’s Risk Management Solutions with Alwrite’s innovative platform will play a critical role in improving the precision and accuracy of technical pricing and commercial insurance sector will be able to provide a quick quote procurement and placement procedure.
Alok Kumar, managing director, India, Moody’s RMS, said: “Insurers must have confidence in the analytics they are using to make these split-second decisions on pricing, to operate at the speed their customers increasingly demand. Offering simplified and efficient integration, Moody’s RMS Location Intelligence API solution combines our strength in catastrophe modeling with the latest technology, to deliver risk data into the heart of the innovative Alwrite platform. By incorporating Location Intelligence businesses use trusted Moody’s RMS insights to unlock new opportunities for revenue growth and gain a competitive advantage in the dynamic insurance landscape.”
Aditya Dadia, Founder, Alwrite, said, “The collaboration will enable both, efficient quote procurement as well as accurate risk assessment for intermediaries and underwriters.”
Helping to deliver risk insights that support informed and consistent decisions, the ‘Location Intelligence API’ brings hazard, exposure, geospatial, and loss data benefiting from the extensive risk modeling science and expertise of Moody’s RMS directly into the innovative Alwrite platform.