We use our technology assets to advise risk owners on how to best utilise the full spectrum of risk-financing solutions. Our clients rely on us to change insurance and closure outcomes by leveraging our expertise in the following areas:
Risk specification
The people who understand the risks inherent in a business are the managers, subject matter experts, technicians and engineers operating it. We specialise in translating industry specific knowledge, and the ever expanding IoT-driven risk monitoring data streams, into forms accessible to the finance function and ultimately providers of risk capital. This creates a new paradigm for making strategic financing decisions.
Coverage and tower design
In the face of spiralling insurance costs, companies are faced with hard choices about how to protect their businesses. We make these decisions straightforward. Our approach redefines insurance policy designs to provide the core protections our clients need. We then leverage our AI search capabilities to design optimal insurance tower architectures. Our objective is to find the right balance between retained risk, often utilising a captive, and different sources of risk capital.
AI enhanced market operations
Our clients often rely on a broker to source traditional risk financing i.e., insurance. We support these market operations by suggesting AI search-generated alternate placement strategies that improve alignment between available insurer capacity and client need.
Non-traditional capital
If a counterpart cannot understand risk, then capacity cannot be provided. In cooperation with non-traditional capital providers we design alternative risk transfer mechanisms. We do this by quantifying and describing risks in a way that is more transparent to this community.
Closure and decommissioning financing
With infrastructure aging and an increasing portion of their portfolios nearing the end of their productive lives, companies in the mining and oil and gas sectors are focused on responsibly closing operations. In a fluid, complex regulatory and relatively immature financing domain, identifying the right approach to closure financing is difficult. We support decision making in closure financing by providing clarity on the precise nature of the underlying risks and the best approaches for operations in different phases of their lifecycle.
Ryerson’s founding idea was that AI powered networks can transform how companies can connect with risk capital. We remain true to that vision by focusing our investments on network-based solutions. Prototypes and ideas cultivated in partnership with our advisory clients can be readily implemented and scaled in our network environments.
Industry networks for risk owners
Our focus on encoding the industry expert views into risk measurement is unlocking new risk-financing options based on industry collaboration. These new approaches create transparent views of risk and are more aligned with free cash flow maximisation mandates and ensure less friction when claims arise.