Allianz partners with US insurtech Praedicat

Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany’s Allianz, is working with insurtech Praedicat to better predict the key catastrophe liability risks of the future. By combining Praedicat’s forward-looking predictive modelling approach with AGCS’ underwriting processes and extensive liability risk portfolio analysis, the companies aim to identify the next generation of catastrophe liability risks for business customers far earlier than under current methods, according to a press release.