Gallagher Re Ltd., the reinsurance business of broker Arthur J. Gallagher & Co., said on Tuesday that it has launched Gallagher Automated Insurance Analytics, a unified, cloud-based analytics platform for clients.
The platform will include analysis such as pre-modeling, including data collection, enrichment, amplification and intelligence; modeling, including automated, integrated workflows through multi-model programming interfaces and machine learning; and post-modeling, including pricing, portfolio optimization, e-investment and market insight.
Scalable cloud-based technology allows the system to adapt to future expansion across geographies, industries and multiple business units. It will leverage artificial intelligence, machine learning and enriched data, Gallagher Re said.
Ed Messer, head of analysis at Gallagher Re, said in the statement that value-added analyzes are now an accepted and expected part of the customer offering.