Aggregation
Property, like much of insurance, is about maintaining low aggregation. Generally, property risks like floods, wind, electrical and hail storms occur in location-specific areas. So insurers will look to diversify their risks in a scattered, diverse manner, so as to limit exposure.
Insurers require very broad, huge portfolios in this class so that only very small parts of their overall risk are impacted by an event.
Top tier property insurers hold data on the history of all storms, in an accurate and comprehensive way. The best insurers can establish systematic controls. Many of the others just lose money through lack of technical expertise and poor judgement.
Smart Follow
In this class, access to data is the name of the game. VUW clients can follow the insurers with the best data. 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
