global insurance broker Gallagher relaunches aviation insurance portal Jacinth with enhancements to help Customers increase efficiency and provide analytical insights into their risk profile.
Jacinth provides clients with connected insurance management systems.
Ability to track aircraft fleet status in real-time; provide detailed claims information and analysis; and dynamic risk-based premium feedback.
Features also include instantly downloadable documentation and certificates of insurance and comprehensive reporting tools that support risk assessment and insurance plan adjustments.
Gallagher explainsAt the heart of the updated Jacinth platform is its new intelligent capture technology, which allows risk managers to seamlessly feed accurate, real-time asset data, such as aircraft information, directly into the platform.
It integrates this information with other data sources, especially real-time aircraft transponder tracking. This process is also relevant to insurance companies, providing the possibility for dynamic pricing based on real-time risk.
Gallagher noted that the platform is standard for aviation customers.
Richard Adams, senior partner at Gallagher, said: “Jacinth was built from the ground up by our team and integrated with our processes to specifically serve clients in managing aviation risk.
“We understand the complexities and challenges of the aviation industry, so we designed this platform to create a centralized system to manage insurance certifications, insured fleet details and movements, incident records and subsequent claims details, and essential documentation in one secure location.
“From the first day a policy goes into effect to final adjustments when it expires, Jacinth integrates every document, update, and task in a secure ecosystem.
“Its data capabilities are an industry first and by combining policy information with external data sources, clients can obtain dynamic pricing aligned with actual risk, while Jacinth provides clients with actionable insights by providing information on risk patterns, claims performance and cost trajectories.”
