Decision Focus Global has partnered with Canopius, a specialty & Property & Casualty (re) insurer by offering its award -winning integrated assurance platform to support Canopius’ ongoing digital transformation journey.
This partnership marks a continuation of Canopius’ technology roadmap as it begins to leverage artificial intelligence to improve its risk management capabilities.
The implementation includes Decision Focus Enterprise Risk Management (ERM), Policy Management and Lloyd’s Principles solutions, which integrate seamlessly to provide a single source of GRC ‘truth’ and 360° visibility of risks and regulatory requirements across the extended enterprise. AI-enabled features across the platform drive greater efficiencies, resilience and agility, through improved precision, enhanced capabilities, and the identification of critical obligations.
Jeff Robinson, Decision Focus partner, said: “We are delighted that Canopius has chosen Decision Focus to help sustain its growth strategy from a risk management perspective. Our integrated assurance portfolio is designed to address complex market challenges, helping Canopius in its mission to develop smart (re)insurance products, which empower businesses through risk mitigation. Ever innovative, our AI-enabled solutions across our portfolio meet evolving risk and regulatory requirements within dynamic market conditions - providing the perfect bedrock for Canopius’ digital evolution.”
Commenting on behalf of Canopius, Sheldon Lacy, Group Chief Risk Officer said: “Implementing Decision Focus solutions aligns with Canopius’ strategy to leverage cutting- edge technology to enhance operational efficiency while maintaining rigorous risk management standards during our current growth phase.
“The use of AI delivers numerous potential benefits, from enhancing risk detection and automating compliance tasks, to the provision of predictive insights. As our digital transformation progresses, we look forward to strengthening our relationship with Decision Focus.”
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Notes to Editors:
Decision Focus is based on a stable micro-service architecture and powered by the cloud. It is built from the ground up on leading edge technology and is trusted by the world’s biggest brands. Its solutions enable intuitive usability, no code configurability and cost-effective delivery models.
Discover more at decisionfocus.com
About Canopius
Canopius is an international specialty and P&C (re)insurer. Canopius underwrites insurance products on several platforms to offer a wide range of specialty solutions. Our offices are located in Australia, Bermuda, Singapore, the UK, and the US. We underwrite through Lloyd’s Syndicate 4444 (managed by Canopius Managing Agents Limited), a US surplus lines insurer, Canopius US Insurance, Inc., and Canopius Reinsurance Ltd, a Bermuda-based entity.
To find out more, visit http://www.canopius.com or https://www.linkedin.com/company/canopius