Redline Underwriting adopts Moody's RMS Risk Modeler

Redline will adopt the Risk Modeler application available on Moody’s RMS Intelligent Risk Platform™ (IRP) as part of the long-term arrangement.

Adopting Risk Modeler will enable Redline to streamline its processes, creating a workflow encompassing account underwriting, portfolio management, aggregation, and reinsurance cat treaty analysis. Moody’s RMS will cooperate with Redline to facilitate the platform and application integration and train their team on its in-house implementation.

The agreement also opens the door for Redline’s expansion into the Latin American market and investments in new locations, cementing the partnership’s strategic nature.

Adriana Cisneros, head of underwriting at Redline, stated: “This marks a significant stride forward for Redline as a startup MGA. Embracing cat modelling capabilities at this early stage underscores our unwavering commitment to providing our capacity providers with the best underwriting platform. Implementing the IRP will enhance our understanding of underwriting criteria for placing profitable businesses and establish an end-to-end workflow for account-level metrics. Additionally, it will enable us to develop streamlined processes for managing accumulation and portfolio management.”

Mike Richitelli, global head of sales at Moody’s RMS, commented: “Redline’s meticulous portfolio management, characterised by in-depth risk profile analysis, will be further optimised by utilising Risk Modeler on the Intelligent Risk Platform.

“This application will strengthen their market knowledge and nurture closer partnerships as we collaborate to provide them with valuable insights aligned with their underwriting objectives. We are excited to continue working with them to elevate their underwriting excellence across the Latin American region.”