Reinsurers are finding new ways to help insurance carriers understand key information on exposure and loss potential through risk modeling.

Sometimes the first choice is the best one. For Benfields U.S. operations, working with risk modeling provider MapInfo has been a partnership that keeps improving as the reinsurance intermediary studies new ways to provide information to its insurance-carrier customers. Benfield was looking for ways to display information for its customers, showing what kind of exposure and loss potential the different carriers have, according to Jason Johannsen, assistant vice president in CAT modeling for Benfield Inc. It made more sense to show that information visually as well as through reports and tables, he says. We had to figure out a way to display that information accurately for our clients.

Headquartered in London, Benfield is one of the worlds leading independent reinsurance intermediary and risk advisory businesses. With more than 1,600 employees worldwide (600 U.S. employees), the company provides a range of specialist reinsurance, insurance, and risk advisory services to more than 1,000 customers located in more than 100 countries.