Balkerne Wins Best Use of Technology in Insurance Award 🎉
Balkerne wins Best Use of Technology in Risk Management in Risk Management Awards 2020
17 / 11 / 2020Risk is dynamic and so is our approach to managing it
Balkerne's platform enables property owners and insurers to prevent losses from man-made and natural events such as armed robberies, arson attacks, flooding, extreme weather and COVID-19 through predictive, actionable, and location-based intelligence.
The platform captures data from over 35 different sources including core property data, IoT, geospatial modelling, news and social media. Using machine learning, the platform recognises factors such as chronology, content context and geo-spatial relevance to build location intelligence and a live risk rating. Pre-emptive, timely and relevant advice built on location-based intelligence is sent to asset owners to prompt action to prevent potential losses.
How we manage risk
Predict
Balkerne captures location-based data such as weather, flooding, armed robberies, arson attacks and fire damage from a variety of different sources to build a realtime, easy-to-use risk rating and alerts platform (SmartResilience).
Prevent
Customers can utilise the automated alerts generated through the SmartResilience platform along with relevant advice to take necessary actions in order to prevent a loss event from taking place.
Protect
By utilising the smart intelligence our platform provides, businesses can ensure they stay resilient, prepared and have the necessary information to act in order to protect their most valuable assets (staff, customers and properties).
What they say about us
Smart Resilience is a hugely impressive risk management platform that leverages data and insights to provide brokers with real time risk management solutions for their clients. This is a real source of added value for brokers as they can provide a unique data led solution for customers, empowering them with tools to intervene in order to mitigate and prevent losses. Additionally, Smart Resilience can support MGAs with more intelligent data to assess and price risks, powering unique SME insurance propositions
Senior Product Development Expert
I would recommend Balkerne to anyone who is thinking about using data insights to improve both their customer experience and loss ratios. I found Harish and Jonathan to be extremely knowledgeable and professional, it was a pleasure to work with them both.
Nicholas HartleyHead of Business Improvement and InnovationThe team have developed a unique, real-time application for our property estate, which communicates risk in a clear contextual format and allows appropriate action to be taken in a timely and localised manner.
Division Operations Manager - FTSE Real-Estate OwnerBenefits of working with us
Fast
Geocode properties, assess long term risks in seconds using our leading technology infrastructure
Easy
Simple steps to sign up your organisation, add your assets and invite your colleagues to collaborate just in a few clicks
Dynamic
Live datasets are captured, processed and summarised into relevant insights as they happen to help organisations act confidently and adapt quickly
Complete
Automated coverage of a wide range of risks, from man-made and natural events across Europe.
Our data coverage is growing everyday to meet the needs of our customers.
Our partners and supporters
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