Russell Group has launched ALPS Casualty to support the analytical modelling of liability exposures stemming from the corporate industry.
The group, partnering with Dun & Bradstreet, created a service that matches and references each portfolio’s insureds.
The service links any subsidiary insured companies to the ultimate parent company, while also identifying geographies and industry sectors that the insured operates within.
ALPS Casualty enables casualty underwriters to understand their exposure, capital utilisation and underlying risk prior to capital commitment.
Benefits to underwriters include better risk selection, optimised capital and improved response to market opportunities for new risk products.
Commenting on the launch, Suki Basi, CEO of Russell Group, said: "ALPS Casualty is the first of a new generation of ALPS products that will help underwriters to model, price and manage connected risk.”