Engineering Digital

Capture growth opportunities efficiently with our Engineering Digital platform.

Recent forecasts predict investments of up to USD 30tn by 2030 in ESG infrastructure, USD 25tn of sales within data eco-systems including industrial machines and devices, plus multi-billion on transportation infrastructure notably within the USA.

This offers opportunities for existing insurers and new entrants, with the specialty insurance sector predicted to double in premium size by 2030.

The need for an efficient and effective platform to evaluate these opportunities has never been greater.

 

What we do Global Insights. Digitally Delivered.

Our Engineering Digital platform offers an eco-system that allows efficient, effective evaluation and management of a wide range of engineering opportunities, from construction to IoT based services.

 

Our digital platform helps deliver your priorities:

  • Power your underwriting
    Description
    Underwriting capabilities for your workforce, including risk analysis and portfolio steering, without the hassles of fighting for IT budgets to cover development and maintenance.
  • Enter new markets
    Description
    Entry to new markets or segments by leveraging our underwriting capabilities, with web-enabled delivery and integration into your workflow.
  • From products to services
    Description
    Enhance your offerings with a shift from product sales to service provision by incorporating data-driven condition monitoring and insurance features.

Why partner with us Our expertise - in your hands

  • Capture growth opportunities

    Ability to capture engineering opportunities by digitally leveraging the global expertise of our 80+ underwriters globally and 150+ years of data.​

  • Improve efficiency

    Portfolio management and steering with optional workflow capabilities, assists your team to better cope with the submission volumes and not miss out on opportunities.​

  • Flex to your needs

    Possibility to tailor the digital platform based on your priorities and embed into your landscape, facilitating seamless rollouts across your sales and partner networks.​

Tailored to the specific needs of your engineering projects

Further Information

Construction projects

The global infrastructure and construction market is huge, complex and continues to grow materially. Our Engineering Digital Pro offering comes with a professional underwriting tool for engineering and construction projects, earlier known as "PUMA". The tool is integrated into the platform and supports the assessment of complex construction projects globally, yet can also be tailored to efficiently rate large volumes of simpler "four walls" projects.

Solar energy

Guarantees for the output of solar panels helps secure financing for new projects. Insufficient solar radiation can put solar farm operators under immense commercial pressure. To help protect against loss of income resulting from this threat, we have developed a dedicated index-triggered insurance product which can now be designed and distributed with the Engineering Digital platform.

Machines as a service

Predictive maintenance with parametric or condition-based protection for machinery outages allows manufacturers to move from product to service provision. Preferential insurance terms and tailored policies are combined with advice on relevant partners for implementation, including for older equipment.

How it works Your risks, our platform, growing profitability

We developed a suite of tailorable capabilities and made these available in our simple-to-use Engineering Digital platform:

  • Capabilities to evaluate a wide range of risks, from renewable energy generation and storage to IoT eco-systems
  • Access to our well-regarded underwriting solution for construction, engineering, and infrastructure risks
  • A full stack eco-system that is cloud based and ready for immediate deployment

Full integration into your process landscape possible via APIs.

Seamless support across the insurance value chain:

  • 1. Distribution and sales

    Assess engineering risks at the sales stage, including natural perils and a broad range of cover extensions. Store, retrieve, copy, access and share your quotes across your company

  • 2. Product development

    Design products using simple to use tools, especially helpful for index-based coverages such as Solar

  • 3. Underwriting and risk assessment

    Assess your exposures worldwide and customise project configurations across any industry, with tailored underwriting advice policy wording

  • 4. Portfolio management

    Consistent steering of your portfolio and easy exchange of risk information between employees in the same organization in different locations

  • 5. Risk management

    Use our Portfolio Analyser dashboard to monitor risk exposures by geography or industry, with weather event alerts identifying which policies are potentially exposed

Engineering Digital – Our platform, implemented your way

  • Essentials

    A practical option for occasional risk assessment and costing of standard risks, with direct access to our digital facultative placement facility. Available soon.​

  • Pro

    Risk evaluation, portfolio analytics and steering of a full range of risk types and related coverage options, including our NatCat tools and selected ESG insights.​

  • Platform

    Customise user interfaces and features to match end-user needs, with the possibility to integrate into your operating platform processes and workflow.​

GET IN TOUCH Let's discuss how we can work together to boost your data and analytics

Engineering plays a key role in societal resilience