In the face of the increased frequency and severity of systemic and emerging liability risk events, your organization has many factors to consider, such as clash accumulation and benchmark risk exposure accumulation. You’ve also got options to weigh, like adjusting your risk appetite or incorporating a risk charge into your pricing.
The Arium approach utilizes supply chain relationships to build scenarios that reflect correlations between the casualty policies in your portfolio. This approach offers a transparent, flexible way to quantify the impact of liability accumulations across your organization.
With Arium you can analyze and quantify the impact of many types of events such as financial, infrastructure, energy, construction defect, and large product liability events.
Identify growth opportunities as well as areas of high-risk concentration within your casualty portfolio by using Arium’s casualty analytics to estimate losses associated with different categories of casualty events.
Arium can help you enhance your casualty exposure data by adding information on industry classifications, size metrics (e.g., revenue), and by providing unique corporate identifiers that can be used to better understand your clash potential.
Arium includes a catalog of 300+ known events and 15+ emerging risk events, with new scenarios added regularly and as new events occur.
Features include support for a wide range of policy terms and conditions, including a reinsurance module.
Arium lets you clean and enhance your exposure data and facilitate more realistic modeling.
Arium has access to a diverse array of experts and proprietary datasets, including research services, claims and underwriting, actuarial services, and natural catastrophe modeling.
Prepare for liability events whose scope exceeds historical experience.
A post-modeling analytics platform to optimize your workflows and maximize profitability.