FRISS and Munich Re Extend Partnership to Bring Value to Insurers Globally
Summary
Munich Re’s Global Consulting Unit is driving transformative change in the insurance industry through the application of data science and digitalization. FRISS solutions help lower loss ratios, enable profitable portfolio growth, and improve the customer experience. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to the 2017 Atlantic hurricane season and to the California wildfires in 2018. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyberattacks, or pandemics. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers.
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