RiskPossible to Offer Insurers a Continuous Underwriting Engine
Think: CUE. Continuous Underwriting Engine. In other words, RiskPossible offers underwriters a platform to continuously monitor clients’ risk. Two things to note. One. The platform can deliver pertinent public information for each potential client. Two. The platform can send alerts regarding changes to client’s profile.
The Miami-based startup is the creation of Michael DeSiato; an ex-Swiss Re executive that is looking to “help insurance companies take command of their risk.” Bottom Line: if there was ever a ‘wearable’ for restaurants, RiskPossible is what it would look like, as the platform can capture data on inspections and violations to provide a better picture of the risk. Look.
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