Property Damage & Disaster Restoration Blog: Long Island & New York City

IRIS US Introduces Web-Based Analytical Tools For Risk Managers

Posted on Mon, Jul 23, 2012 @ 03:57 PM

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Combined U.S. RE and Campbell Consulting initiative results in a singularly useful, essential set of analytical tools for risk management.

Pearl River, N.Y. – July 23, 2012 — Mr. Marc Piccione, Senior Vice President, U.S. RE Companies, and Mr. James Campbell, President, Campbell Insurance Consulting, today announced the introduction of IRIS US (Insurance and Reinsurance Intelligence Source),a powerful new web-based analytical tool that provides insurance and reinsurance professionals with extraordinarily useful and essential insights into key exposures in catastrophe prone areas.

IRIS US, a joint initiative of the two companies, U.S. RE and Campbell Insurance Consulting, has created an easy to use analytical environment that allows the user to interact with data from public sources at succinct levels of detail to gain insights into markets unlike any other tool in the market today.

IRIS US has concentrated initially in three target areas: Florida, Texas, and more generally, in the Severe Weather sector in North America. Mr. James Campbell stated “Throughout my professional insurance experience, I have come across several sources of publicly available data and used it to gain an edge in understanding insurance markets. Knowing how useful this data can be to insurance and reinsurance professionals, we decided to create several databases of pertinent information and build a system of reports, dashboards and mapping tools and serve it up in a state of the art web analysis platform. The market response has been outstanding!”

According to Mr. Piccione, IRIS US reports have the advantage of being designed by accomplished reinsurance and insurance professionals: “As experienced reinsurance and insurance professionals, our team knows precisely what our colleagues require in analyzing risk and strategizing on how to best position their business in Cat prone regions,” he said.

IRIS US, marks a first in a series of planned cooperative ventures between the two companies in the risk management fields to expand U.S. RE’s other product suite, including presently the U.S. Risk Optimizer and U.S. RE Risk Manager tools.

According to Ms. Anya Kutsina, Managing Director of U.S. RE Analytics: “We are continuing to create products and services to the industry to enhance the business of reinsuring. It is our belief that, without these advanced tools, our clients and theirs will not have the kind of risk management data that makes for the best decision making. We are committed to providing the highest intelligence standards to our insuring and reinsuring partners.”

For further information contact:

Mr. Marc Piccione (845) 920 7100 or Mr. James Campbell (804) 749 3126
or visit www.irisus.net

Article originally appeared on InsuranceNewsNet.com

 

Tags: long island, risk, insurance risk, insurance, new york, risk managers

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