In the insurance sector, informed decision making is critical to protect against risk. Business interruptions can result in millions of dollars being at stake, for the insured and the insurance provider.
Baker Tilly’s Inform™ platform of insurtech related products and services enables insurance professionals to make more informed decisions with increased confidence by allowing them to model the potential financial outcomes resulting from a loss event.
Armed with more robust information, you can better establish financial risk, such as insurance coverage, potential loss exposure, and burn rate modeling.
Underwriters will also be able to more easily address the potential loss exposure associated with a prospective client, and Risk Management can make better decisions relating to risk mitigation and coverage options for their business.
The breadth of Baker Tilly's insurtech capabilities allowed me to better understand the risks associated with cyber related business interruption events.Insurance Executive