XL Catlin Enlists Praedicat’s Casualty Emerging Risk Models and Software to Help Address Clients’ Changing Liability Insurance Needs
To help clients address changing liability insurance needs, XL Catlin has enlisted Praedicat, an InsureTech analytics company based in
Praedicat's models and software analyze risks that emerge over time, called "latent" risks, since these risks can build up in an insurer's portfolio. The most prominent historical example is asbestos, which cost the industry almost
"XL Catlin is committed to Insuretech innovation, to market leadership in data and analytics for underwriting, and to state-of-the-art enterprise risk management," said
According to
"Praedicat's solution is not a risk avoidance approach, it is a risk understanding approach," said
"XL Catlin is one of the insurance industry's most innovative companies," said
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