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What is RI-TOOL?

RI-TOOL is an advanced multi-tenant SaaS platform tailored for reinsurance professionals, enabling them to efficiently document, structure, and formalize treaty clauses. Each clause is represented as a directed acyclic graph (DAG) of components, which provides a precise and machine-readable representation of complex contractual logic that conventional spreadsheets cannot achieve. The system supports the entire reinsurance workflow through nine specialized roles, including clause drafting by Junior underwriters, validation by Senior underwriters, actuarial formalization by Actuaries, risk exposure modeling by Risk Modelers, contract drafting by Managers, and statement-of-account preparation by both SOA Seniors and SOA Juniors. Each user is allocated a personalized workspace that comes with a foundational library of standard clauses, basic DAG models resembling LEGO bricks, and SOA templates for areas like Profit Commission and Loss Participation. Moreover, the platform boasts an extensive glossary of 298 terms available in 14 languages, including English, French, German, and Spanish, among others. Additionally, the platform ensures the security of all documents through AES-256-GCM encryption, safeguarding sensitive data from unauthorized access. This comprehensive system not only optimizes workflow but also fosters enhanced collaboration among reinsurance experts, ultimately driving greater efficiency in the reinsurance industry. Through its innovative approach, RI-TOOL stands out as a crucial tool for modern reinsurance practices.

What is JBA Risk Management?

JBA Risk Management, commonly known as "The Flood People," is a leader in advanced flood modeling services, offering comprehensive flood maps, catastrophe models, and analytics that cover an impressive 99.98% of the Earth's land. Their cutting-edge solutions play a vital role for major insurers, reinsurers, financial institutions, real estate companies, and governmental bodies in the thorough evaluation and management of flood risks. By utilizing JBA's vast database of global flood information, clients can better understand the flood risks tied to particular properties or areas, allowing for informed choices in insurance underwriting, pricing tactics, portfolio oversight, asset investments, and disaster risk mitigation. Their portfolio includes high-resolution flood mapping, probabilistic flood modeling, and climate change analytics, providing critical forecasts of future flood events influenced by different climate scenarios. Moreover, JBA increases the accessibility and integration of its models through collaborations with platforms like Nasdaq's ModEx, significantly extending the reach and effectiveness of their flood risk assessment tools. These cooperative initiatives not only enhance the practicality of their services but also empower clients to remain proactive in an ever-evolving landscape, ensuring their strategies are robust and responsive to emerging challenges. Ultimately, JBA aims to foster resilience against flooding, helping communities and businesses navigate the complexities of climate-related risks.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$0
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

RI-TOOL

Date Founded

2026

Company Location

France

Company Website

ri-tool.com

Company Facts

Organization Name

JBA Risk

Date Founded

2011

Company Location

United Kingdom

Company Website

www.jbarisk.com/products/catastrophe-models/

Categories and Features

Categories and Features

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