Streamline underwriting, stay ahead of natural hazards, and steer portfolios in real time

Automate your underwriting and integrate climate risk analysis for faster, better decisions. Optimise your portfolios to prevent losses and support profitability.

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Climate change is increasing your risks. Natural disasters are becoming more frequent, less predictable, and they often cause significantly higher losses. Annual global natural catastrophe total losses exceeding US$ 100 billion are the new normal, according to Munich Re’s NatCat SERVICE.

Potentially you, too, have been surprised by unexpectedly high loss payments in certain regions. Manual risk underwriting could be at fault. Hurricanes, flooding, wildfires, and other extreme weather events are rising around the world. To stay competitive, insurers need the speed and accuracy that digitalization offers.

Yet insurers may lack experience in how to use digital technologies for decision-making. They might not have capacity for complex IT projects. Lagging behind digitally could result in high losses if pricing is not consistent or the coverage is not well adapted to the risk situation.

Munich Re’s REALYTIX ZERO and Location Risk Intelligence is our joint solution that automates underwriting and assesses physical climate risk in one process flow. It lets you integrate a detailed understanding of natural hazard and climate change risks into your decisions. You can steer your portfolios in real time to avoid losses – and surprises.

Digital underwriting joins climate risk management

REALYTIX ZERO and Location Risk Intelligence revolutionises your underwriting and climate risk management. Our dual-solution approach empowers you to make data-driven decisions faster. Navigate complex climate-related risks to unlock new opportunities for growth.

Save resources: Faster risk assessments and response times.
Improve risk management: Better alignment of coverage and capacity with risk exposure.
Optimise portfolios: Continuous adjustment to changing parameters supports profitability.
Scale operations: Ability to handle increasing natural hazard risks efficiently.
Get better outcomes: Integrating climate risk analysis into underwriting decisions leads to more accurate pricing and reduces losses.

Staying ahead of natural hazard risks is crucial for the success of insurance companies, brokers, and managing general agencies (MGAs). Fully automated real-time aggregation control and accumulation control lead to more accurate, data-based underwriting decisions. With detailed climate risk data, you can transmit competitive pricing directly to the appropriate pricing engines.

REALYTIX ZERO and Location Risk Intelligence side by side

REALYTIX ZERO

Location Risk Intelligence

REALYTIX ZERO is a cutting-edge digital underwriting platform that automates risk underwriting. You can react swiftly to changing market conditions. With its advanced capabilities, you can:

Easily automate risk underwriting
Rapidly assess and respond to emerging trends and risks
Make informed decisions with real-time data and analytics
Streamline your operations and improve efficiency

Location Risk Intelligence provides unparalleled insights into location-based climate-related risks and the impacts of climate change. Precise climate risk data and analysis allow you to:

Accurately assess and mitigate physical climate risks for specific locations or entire portfolios
Identify new business opportunities and optimise your portfolio
Enhance your risk management strategy with actionable location-based data

REALYTIX ZERO helps you stay agile and competitive in a rapidly evolving market. By leveraging its power, you scale, maximise opportunities, drive business growth, and succeed.

Location Risk Intelligence helps you to understand, measure, and manage climate risks. Precise data informs your underwriting decisions so you can control risk exposure and avoid loss in a changing climate.

How do REALYTIX ZERO and Location Risk Intelligence work together?

Benefit from our dual-approach solutions

Better portfolio steering and loss adjustments

Realytix Zero Location Risk Intelligence Infographic

Accelerate underwriting and build climate resilient portfolios

REALYTIX ZERO accelerates your underwriting process while boosting accuracy and efficiency. Climate risk data and analysis from Location Risk Intelligence helps you assess natural hazard threats to single assets or entire portfolios.

Use the capabilities of REALYTIX ZERO and Location Risk Intelligence together to steer portfolios in real time. Here’s how it works:

Prior to pricing, a check is performed against the existing portfolio. This helps you assess the criticality of climate risks more accurately. You can decide immediately whether the natural hazard risk fits into the existing portfolio. Better underwriting decisions lead to a more diversified portfolio, allowing you to take your portfolio management to the next level.

Easy to integrate with existing systems

What if you have no experience nor resources for complex IT-projects? No problem. Companies can implement REALYTIX ZERO and Location Risk Intelligence via web front-end and API interface. With its SaaS platform, the dual-approach solution is:

Flexible. Easy transfer via API helps to easily communicate between different systems.

Reliable. Benefit from Munich Re's trusted NatCat and climate risk models.

AI-enhanced. GenAI CoPilot effectively supports the product development process.

Adaptable. Python coding language embedded in the platform so all calculations can be performed in one system.

Quick to install. No code / low code implementation saves time and resources.

A new standard of underwriting excellence and climate resilience

Sharpen your competitive edge. Save time and money, foster business growth, and deliver superior value to customers. REALYTIX ZERO and Location Risk Intelligence introduce a new standard of underwriting excellence defined by efficiency, accuracy, and innovation.