
Measure and monitor enterprise-wide casualty risk to quantify the impact of liability risk accumulations in your portfolios.
Vendor
Verisk
Company Website
Arium Liability Analytics Platform
Quantify the impact of liability accumulations to your portfolios with the Arium scenario-based loss assessment framework.
Understand liability risk as it applies to your whole portfolio
In the face of the increased frequency and severity of systemic and emerging liability risk events, your organization has many factors to consider, such as clash accumulation and benchmark risk exposure accumulation. You’ve also got options to weigh, like adjusting your risk appetite or incorporating a risk charge into your pricing.
See the big picture and strengthen decision-making with Arium
Managing, evaluating, benchmarking and augmenting liability accumulation decisions.
Proactive exposure management
Arium transforms exposure management from a time-consuming puzzle into a streamlined process, providing clarity and actionable insights. You can understand risk exposures by leveraging realistic disaster scenario analyses to:
- Assess more than 300 scenarios in detail at the touch of a button
- Analyze and quantify the impact of many types of events such as financial, infrastructure, energy, construction defect, and large product liability events
- Project future liability exposures
Holistic view of risk
Arium provides a comprehensive view of liability risks across industries. We don't just deliver data; we help you understand the story behind it. With Arium, you can better manage accumulations by:
- Monitoring portfolio exposures
- Quantifying losses by peril
- Analyzing emerging risk scenarios
- Optimizing portfolio designs
Features and capabilities
Support for a wide variety of scenarios
Arium includes a catalog of 300+ known events and 15+ emerging risk events, with new scenarios added regularly and as new events occur.
Stochastic functionality to generate a range of insured losses
Features include support for a wide range of policy terms and conditions, including a reinsurance module.
Data augmentation service
Arium lets you clean and enhance your exposure data and facilitate more realistic modeling.