The partnership will provide insurers and risk managers significant enhancements to asset and inspection management data, for a wide range of risks in sectors such as onshore and offshore renewable energy, educational institutions, emergency services, rail, and working at height. Risk Solved Ltd will leverage Papertrail’s data to help insurers better understand their insureds asset management and inspection processes, ensuring compliance with legal requirements and industry best practice. This will enable faster and more accurate risk audits while identify trends to reduce accidents and claims.
“This exciting new partnership with Papertrail really raises the bar for insurers and risk managers when it comes to safety, risk insights and traceability. Faster, more efficient, more accurate risk insights and audits will help improve safety standards, best practice and reduce loss ratios. We are looking forward to offering new and enhanced risk solutions to our clients through this partnership.”
"Our safety inspection and management expertise is built on over a decade of experience with over 20 million inspections completed globally. Our software and technology will work seamlessly with Risk Solved’s platform to deliver an unrivalled asset and safety management data service. We’re delighted to be working with the Risk Solved team to help foster safer working environments through enhanced data-driven analytics and insights.”