Fleming Launches REvolve™ Platform to Reshape Reinsurance Dynamics

Fleming Launches REvolve™ Platform to Reshape Reinsurance Dynamics

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Fleming Insurance Holdings (Fleming), an innovative provider of capital solutions to P&C (re)insurers globally, announced the launch of REvolve™, a comprehensive platform that evaluates risk, provides AI-enhanced insights, and facilitates smooth, recurring transfer of liabilities. REvolve™ combines key attributes of Fleming's solutions to provide its counterparties with tools, capabilities, and capital needed to drive continuous value.

REvolve™ combines Fleming's proprietary PlannedLPT™, ReSolveRisk™, and RevealAI™ solutions to provide ongoing insights to mitigate risk, streamline operational efficiencies, and deliver measurable value for its counterparties.

  • PlannedLPT™: Introduced in 2019, Fleming pioneered the industry's movement toward recurring transactions by moving away from Exposure Solutions and toward Capital Solutions. Key benefits include counterparty access to capital, known pricing and structure, and eliminating the asymmetry of diversification and information that often exists between transaction counterparties.
  • ReSolveRisk™: This platform supports REvolve™ from a risk and analytics perspective, enabling Fleming to get a comprehensive look at underlying risk as well as allowing for sensitivity and scenario analyses across multiple parameters. The robust framework facilitates the pricing of liabilities at any point in their lifecycle.
  • RevealAI™: Fleming's comprehensive artificial intelligence platform drives value generation using structured, unstructured, and third-party data to deliver insights in an efficient timeline. This capability allows the Fleming team to focus on the riskiest claims and successfully manage exposures for itself and counterparties.

"As the REvolve™ name implies, revolving capital solutions are going to drive the evolution of retrospective reinsurance. Fleming has always had a partnership mentality that is focused on continuously improving risk and outcomes for counterparties and stakeholders," said Eric Haller, CEO of Fleming. "The launch of our comprehensive platform is a crucial step forward for the industry as it modernizes its risk mitigation capabilities. We're looking forward to collaborating with our partners through REvolve™ to bring them the best solutions possible."