Geo-Risk information Platforms

WE IMPROVE PREMIUM INCOME, LOSS RATIOS & RISK MANAGEMENT FOR THE SHORT-TERM INSURANCE INDUSTRY BY PROVIDING GEO-RISK INFORMATION AND TECHNOLOGY PRODUCTS & SERVICES GRiP is a specialist Geographic Information and Technology Systems company that focuses on the Geospatial Technology and Data needs of insurance companies operating on the African continent. The business was established in 2011 and has established a trusting customer base across the insurance sector in Africa. GRiP supports the short-term insurance sector with web based or locally integrated access to location and risk information. This includes automated address validation and geo-coding, an understanding of the risks presented by nearby perils and hazards, as well as accumulations of exposure. The company has developed its own Geospatial integrated microservices Platform that enables rapid productisation. The technology is compatible and interoperable with the main on-platform and off-platform systems used by insurers and their intermediaries and is currently in use across many of the continent’s insurers. GRIP’s capabilities in data sourcing; data processing and maintenance; software and systems development; systems integration; and on-going support services, allow us to offer our customers unprecedented data quality and visual analytics. GRiP’s products and services will assist the insurer to increase premium income; reduce claims expenses; reduce administrative costs; and increase service levels to its clients.