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Average Ratings 0 Ratings
Description
The Whitespace Platform stands out as a fully digital solution tailored for the global (re)insurance industry. Contracts that are generated and managed through Whitespace consist solely of data. By leveraging digital data for risk transfer instead of traditional formats like Word or PDF files, businesses can unlock the true potential of digital transformation. This shift opens up a world of opportunities, including enhancements in speed, precision, availability, and an expansive array of detailed data for risk assessment, all of which significantly benefit both Brokers and Carriers. Moreover, insurers prioritize the needs of their clients, as a digital interface enables immediate access to risk placements, expedited payments, and quicker claim responses. The comprehensive process is thoroughly supported; with Whitespace, brokers and underwriters can seamlessly create risk submissions, collaborate on contractual agreements, communicate through real-time messaging, request and share quotes, and digitally bind, sign, and endorse (re)insurance contracts, enhancing overall efficiency in the marketplace. Ultimately, this innovative approach not only streamlines operations but also fosters stronger relationships between all parties involved.
Description
Moody's Intelligent Risk Platform™ (IRP) is a cloud-based solution crafted to improve risk evaluation and decision-making processes for insurers, reinsurers, and brokers alike. Drawing on more than three decades of experience in risk analytics, this platform incorporates leading Moody's RMS™ models to deliver comprehensive insights into a range of hazards, including both natural disasters and human-induced events. Its modular design presents a collection of applications—such as Risk Modeler™, UnderwriteIQ™, TreatyIQ™, and ExposureIQ™—that optimize workflows throughout the insurance value chain, spanning from underwriting to portfolio management. Hosted on Amazon Web Services (AWS), the IRP guarantees scalability, adaptability, and a commitment to ongoing innovation, with updates introduced every six weeks. Furthermore, the platform is compatible with over 700 third-party and proprietary models, thanks to its Open Modeling Engine, which promotes a cohesive approach to multi-vendor risk modeling. Ultimately, this innovative solution empowers users to make more informed decisions, aligning risk management strategies with the dynamic nature of the market.
API Access
Has API
API Access
Has API
Integrations
Dataoorts GPU Cloud
TreatyIQ
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Whitespace Software
Website
www.whitespace.co.uk
Vendor Details
Company Name
Moody's Corporation
Founded
1909
Country
United States
Website
www.moodys.com/web/en/us/who-we-serve/insurance/intelligent-risk-platform.html
Product Features
Claims Processing
Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration
Product Features
Risk Management
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment