Transforming Insurance
Experience the future of insurance with Touch Risk, your partner in navigating a dynamic world.
Touch Risk creates new generation humanity-centered insurance solutions
Touch Risk prides itself on creating an agile high tech user-friendly platform that it is able to create and transform insurance products to cater to customers' ever-changing needs for existing distributor partners.
Touch Risk, tech partner of Virtual i Tech, is well known for its innovation in the Insurance arena and has been awarded accolades by Morgan Stanley, ACCORD, DXC Technologies and Columbia Business School. Touch Risk is selected “Ethical Finance Award” in Insurance Field and company headquartered in Zurich and has offices in New York, Dubai and Istanbul.
Experience the future of insurance with Touch Risk, your partner in navigating a dynamic world.
Central to our mission is ensuring that insurance is easily accessible to all. By focusing on innovation and adapting to the constantly changing environment, we guarantee our solutions remain relevant to dynamic world. ​Together with our (re)insurer partners, we create advanced solutions harnessing technology and AI/ML to transform the industry. Our goal is to foster a better future, where tech and data science streamline tasks, prioritize predict-prevent-insure principles, and let people focus on what matters most.
Problems
Touch Risk solves 3 key challenges
All in One Platform
1 / Claims
Claims module which gives real time updates on claims which enables an underwriter to be up-to-date on all claims developments throughout the policy period, not only at renewal.
2 / Underwriting
Combining risk appetite of the carrier and standardized wordings along with Touch Risk’s
AI backed risk analytics to give fast quotes without compromising on underwriting discipline. Offers a technological infrastructure that provides trouble-free and cost-effective demand management.
3 / Exposure management
All exposures can be mapped in a single screen to give an underwriter a clear picture of total exposure for any portfolio. Portfolio distribution management is electronically managed and mapped to ensure proper exposure distribution.
4/ Data collection
Standardized online data collection from different sources, enables quick and smart underwriting (more focused and less effort). Provides 100% data visibility. Reduces the need for manual data processing. Increases profitability while reducing operating costs.
5 / Policy Administration System
Combining risk appetite of the carrier and standardized wordings along with Touch Risk’s
AI backed risk analytics to give fast quotes without compromising on underwriting discipline. Offers a technological infrastructure that provides trouble-free and cost-effective demand management.
6 / All in one platform
With real time data, underwriter is able to see and manage the profitability of the portfolio throughout the policy period. Monitor your entire workflow from a single screen.