RSX MarketView, a new portal service providing detailed analysis of reinsurer ratings around the world, was launched last week by specialist company, Wire.
RSX MarketView, a new portal service providing detailed analysis of reinsurer ratings around the world, was launched last week by specialist company, Wire.
Wire provides internet-based, portal services to international financial and professional markets.
The Wire system is similar to a very advanced internet search engine. It allows users to find information about risks in different geographical and business areas. For example, if an underwriter wished to find out about flood risks in Holland, they would be able to do so.
By using the newly-launched version, RSX MarketView, brokers, companies and underwriters can now access Standard and Poor's ratings within two mouse-clicks. The service is free.
Wire hopes the initiative will bring greater accessibility to global markets such as Lloyd's, IUA, the US and Bermuda.
Chris Dinwoodie, director of marketing at Standard and Poor's, said: "This tie-up with Wire represents a milestone in internet co-operation. It combines Standard and Poor's extensive analytical resources and experience of evaluating credit risk in global reinsurance sectors, with Wire's position as a provider of databases for global commerce, insurance, financial markets and the professions."
RSX MarketView also provides access to leading brokers, underwriters, lawyers, actuaries, claims handlers, and IT firms for all the major insurance markets around the world.
Richard Summers, director of Lloyd's commercial services, added "Wire's latest version of RSX takes it beyond any other insurance portal; Lloyd's is delighted to be associated with this world-leading innovation. RSX underscores our long held belief in the importance of Wire's unique role in the development of future risk markets."
