RiskMatch uses complex data analytics technology to create a dashboard for the commercial insurance market . Brokers see who is offering the best products and deals , and insurers see where the best opportunities are . It aggregates information in a very large , complex and fragmented database and gives transparency in an otherwise opaque environment . it aims to enable the market to operate much more efficiently , taking a flat fee subscription fee from brokers and a " management fee " from carriers , based on the fees they charge for a specific broker , not individual transactions . A little over a decade after launching the platform RiskMatch has 14 brokers on board with $ 10bn
RiskMatch uses complex data analytics technology to create a dashboard for the commercial insurance market. Brokers see who is offering the best products and deals, and insurers see where the best opportunities are. It aggregates information in a very large, complex and fragmented market and gives transparency in an otherwise opaque space. RiskMatch aims to enable the market to operate much more efficiently, taking a flat fee subscription charge from brokers and a "management fee" from carriers, based on the business they manager for a specific broker, not individual transactions. A little over a year after launching the platform RiskMatch has 14 brokers on board with $10bn