Arthur J. Gallagher Risk Management Services, Inc., the property and casualty brokerage operation of Arthur J. Gallagher & Co., has selected the EigenPrism platform for catastrophe exposure analytics and modeling to support the large client needs of its Florida brokerage offices.
“EigenPrism empowers our brokers to apply powerful analytics to our clients’ property insurance programs across Florida and other catastrophic-exposed areas of the country,” said Dave Marcus, ARM, Area Chairman - South Florida and Managing Director - Gallagher Public Sector. "We are now able to help our clients visualize and model their exposure to CAT loss from an extensive library of historical footprints; not just what the ‘closed box’ models give us. Notably, we can develop ‘what if’ scenarios to loss, enabling us to alert our clients of potential losses to impending and real-time events. In turn, that will help facilitate faster and more focused responses."
EigenPrism is made by EigenRisk, a company with a suite of insurance and reinsurance software.
