As the frequency and quantity of risks increase in the world, the need to protect people and property in the face of disasters has never been more acute. Transparency surrounding the characteristics and resilience of commercial properties enables owners, risk managers, as well as insurers to create a safer, more sustainable environment. There are many details about commercial property that inform risk. The founders of Archipelago envision a streamlined platform where those details and supporting evidence are aggregated, interpreted, enriched, transformed, and shared. This platform makes it easier for owners, brokers, and carriers to make decisions to reduce the risk and increase the resilience of commercial property.
Archipelago is committed to unlocking the power of better data. Learn more about the Archipelago platform.
Archipelago is an AI technology and data analytics company transforming how commercial property risks are understood, managed, and presented by commercial real estate owners and their risk managers. Using our platform, large buyers of commercial property insurance are connecting, managing, and analyzing detailed, high-quality risk and insurance data on their portfolio exposures and loss history, while communicating and securely sharing this data with insurance brokers and carriers across the market. Our platform enables brokers and insurers to efficiently connect to high-quality data to deliver innovative services and coverage solutions to their customers.
This enriched, verified commercial property risk data is used by underwriters to evaluate risk as they write commercial property insurance and to better facilitate accurate analysis. The outcome is greater transparency, reduction of process redundancies, and better decision-making by all parties throughout the property lifecycle. Archipelago customers are at the forefront of understanding and showcasing their stewardship to create a more resilient and safer world.
Receiving the Best in Show award at RIMS 2022 RISKWORLD from Patrick Sterling (President of RIMS) and Mary Roth (CEO of RIMS).
In this interview, we ask William Penley, Executive Director at PE-Risk, a leading global provider of independent insurance and risk management consulting services, six important questions on valuations.
Four topics that are top of mind for the Archipelago team throughout 2023 with related upcoming sessions at the RIMS 2023 RISKWORLD Conference.
We draw parallels between the history of Ancient Roman firefighting and the current state of the commercial insurance industry today.
Principals from Stone Point Capital