Long Tail
Long tail liabilities are the ones that keep an insurer’s book open indefinitely. Insurers face a significant and unknown number of claims that have occurred but may not be reported for years, such as personal accidents.
Books must stay open because insurers cannot know if and when a claim will land. One claim could be worth millions and may involve litigation.
Major insurers can invest premium funds as reserves but this class is unpredictable. It is very expensive to get wrong.
Smart Follow
No-one can guess the unknown but VUW clients can follow the insurers with the best track records. These are the Lloyd’s leaders, who deal with the most claims, maintain the best underwriting practices, improve predictability with better actuarial analysis and have privileged access to certain markets.
VUW reliably identifies these leaders, using unique evaluation techniques and our analytical capacity.
Our data lake is incomparably superior to others and grows rapidy to become smoother and more robust, cheaper and quicker, and easier to interrogate. Delivering superior returns to all our clients.
On our digital platform, following the best becomes quick and automatic. VUW clients choose for themselves which risks to participate in, safe in the knowledge that only the best risks show on our platform.
- VUW offers the best risks to bind
- Optimised returns
- Lower cost
- Rules lead to AI machine learning
- Low line-sizes in multiple risks
- Huge portfolios become easy to optimise
