Verisk Enhances Energy Insurance Platform with Event Records on More Than 10,000 Energy Assets Worldwide
Verisk (Nasdaq:VRSK), a leading data analytics provider, has enhanced its energy insurance platform—the Energy & Power Intelligence Xchange™ (EPIX™) — with a new module that features critical records of events involving 10,000 energy assets around the world, including regulatory violations, man-made events, natural catastrophes, and terrorist acts. EPIX is a benchmarking and risk-scoring platform that can significantly enhance how insurers research, assess, and underwrite complex energy risks.
The new module, EPIX Experience, enables insurers to see the frequency of these events for offshore oil platforms and refineries worldwide and benchmark that information against broader industry data.
Source: Verisk Press Release