Redline Underwriting, a Lloyd’s coverholder specialty underwriting firm, has adopted Moody’s RMS’ Risk Modeler application on the Moody’s RMS Intelligent Risk Platform (IRP).
By being able to use the Risk Modeler, this will allow Redline to have more streamlined processes, by ultimately creating a workflow from account underwriting all the way through to portfolio management, aggregation, and reinsurance cat treaty analysis.
At the same time, Moody’s RMS will work closely with Redline to help onboard the platform and application, as well as help to train their team on implementing the application in-house.
Another key factor to note, is that this agreement will also allow play a pivotal part in helping Redline to continue to expand in the Latin American market as well as invest in new locations.
Adriana Cisneros, Head of Underwriting at Redline, said: “This represents a significant step for Redline as a startup MGA. Engaging in a cat modeling capability at such an early stage underscores our unwavering commitment to offering the best underwriting platform…
