SB TECHNO SERVICES LIMITED

STATEMENT OUTLINING

CHALLENGES WITHIN THE INDUSTRY

The challenge is to effectively manage risks by mapping the risks underwritten by the cedant over the past 3 to 5 years, selecting appropriate risk bands tailored to the cedant, analyzing loss patterns, and projecting losses using data modeling techniques.

PROPOSED REMEDY

FOR THE SPECIFIED PROBLEM

RISK MAPPING

Utilize historical data to map risks underwritten by the cedant over the past 3 to 5 years, providing a comprehensive overview of past performance and risk exposure.

RISK BAND SELECTION

Employ sophisticated algorithms to identify and select appropriate risk bands that are specifically tailored to the cedant's unique profile, ensuring optimal risk categorization with minimal manual intervention.
Loss Pattern Analysis:
Leverage data analytics to thoroughly analyze loss patterns, uncovering trends and insights that can aid well inform decision-making.

LOSS PROJECTION

Implement advanced data modeling techniques to project future losses, enabling proactive risk management and more accurate financial planning.

Comprehensive Dashboard

Provide a customizable, state-of-the-art dashboard that integrates all these features, offering real-time data analysis and visualization using AI and ML tools to enhance decision-making processes.

BENEFITS

SPECIFICATIONS

PROJECTIONS

Calculate and project data based on previous years data
Flexibility to modify any configuration & settings in real-time
Supports
Multiple Companies
Multiple parameters: Networth, Net Retention & %age of NW, Avg PML Multiple Treaties in the market
Obligatory Quota Share
Voluntary Quota Share
1ˢᵗ slurplus
2ⁿᵈ Slurplus
2ⁿᵈ retention
Commission(flat/sliding), Loss Corridors , limits & attachment points
Bandwise Analysis
Non proportional Treaties:
RiskXL & CatXL with multiple customized layers Risk Type wise analysis
LOB wise analysis
Any customized business rules can be implemented