|[March 04, 2014]
RiskMatch™ Issued U.S. Patent Related to Its Capabilities in Facilitating Broker-Insurer Transactions
GREENWICH, Conn. --(Business Wire)--
RiskMatchTM, a business intelligence and analytics firm that
provides insurance portfolio management and placement solutions to
insurance brokers and insurers, today announced it has been issued U.S.
patent no. 8,666,788: "Systems and methods for facilitating an insurance
marketplace for negotiations among brokers and insurance carriers."
"The patent relates to our capabilities for facilitating connections,
and enabling collaboration between brokers and insurance companies to
effectively address the needs of clients," said Kabir Syed, founder and
CEO of RiskMatchTM.
According to Mr. Syed, RiskMatchTM provides a leading-edge
platform and suite of tools that help participating brokers determine
client needs, identify industry trends, benchmark programs, expand
sales, and monitor company performance on a real-time bais. At the same
time, RiskMatchTM gives insurers the ability to efficiently
identify opportunities based on their respective appetites for risk and
desired client relationships.
"The entire insurance industry is engaged in a perpetual drive for
efficiency," said Mr. Syed. "RiskMatchTM gives brokers and
insurance companies a robust array of leading-edge capabilities and
resources designed to accelerate their ability to respond to client
needs, achieve targeted growth and elevated service delivery while
compressing the transaction time and driving down related costs."
He added: "RiskMatchTM continues to move forward with a
patented platform, dynamic capabilities and a growing number of
satisfied clients. The patent reinforces our expertise and enhances our
participants' abilities to elevate their service levels and drive their
RiskMatchTM is an analytics firm that delivers a suite of
web-based solutions for insurance brokers and underwriters throughout
the U.S. Its patented platform delivers an array of portfolio
management, analytic and data management services designed to enable
brokers and underwriters to enhance performance, reduce costs,
facilitate growth, and improve their client service capabilities. For
more information, visit www.riskmatch.com.
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