Ebix has introduced the US launch of ExposureHub, a platform that gives real-time publicity visibility and analytics for the insurance coverage business.
Initially deployed within the London market, ExposureHub is a part of Ebix’s World Threat Compliance & Administration Change.
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The platform is geared toward property, casualty and specialty insurers, in addition to brokers and danger groups.
It combines AI analytics, portfolio modelling and “geocoding-based mapping” to permit customers to grasp danger distribution throughout numerous areas and product strains in actual time.
With interactive dashboards, customers can look into geographic knowledge, consider danger concentrations and predict potential catastrophic occasions.
Ebix Applied sciences CEO Gagan Sethi stated: “Publicity Hub’s introduction within the US market is one other step in scaling Ebix’s Threat Administration vertical globally.
“It addresses a vital want for real-time publicity visibility whereas giving Ebix a robust new development engine inside our product portfolio. The platform is constructed on a extremely scalable structure with geocoding intelligence and AI-driven knowledge modelling that units a brand new benchmark for publicity administration methods worldwide.”
ExposureHub is designed to combine with insurers’ current underwriting and reporting methods, facilitating data-backed decision-making, bolstering compliance and aiding in reinsurance technique.
ExposureHub is about to generate a stream of technology-based income for Ebix, supporting the growth of its danger administration choices.
Ebix additionally plans to increase the attain of ExposureHub to different necessary markets together with the Asia-Pacific area, India and Latin America.
ExposureHub’s Information High quality Module facilitates the early detection and modification of knowledge discrepancies for dependable reporting, underwriting and compliance.
Further options embody the Perception Module for fast knowledge evaluation, and ConfigHub, which permits customers to tailor validation guidelines, workflows and exports in step with their governance procedures.
Ebix Europe managing director Pete Smyth said: “ExposureHub has modified how brokers and reinsurers within the London market observe and handle their portfolios. We at present have greater than 15 underwriting shoppers reside on the platform, with many extra in energetic implementation.
“Increasing into new markets permits us to convey the identical benefit to a much wider viewers and to shoppers who’re more and more managing danger on a world scale.”
