Audeamus Risk – BIAX is the world’s first Business Interruption Insurance trading platform (B2B), designed to minimise uninsured risk of companies, country infrastructure and to improve overall societal security. It represents a paradigm shift of how the insurance industry operates at present.
Audeamus Risk is introducing “standalone”, dynamically priced Business Interruption Insurance policies, which are currently non-existent. It allows insurers and alternative insurers to price their policies according to organisational resilience of the insured, or the ability to recover swiftly in the post-incident environment. Platform takes in consideration all types of threats, including Natural Hazards, Cyber Security Compromises, Product Recalls, Fraud and various other types of Supply Chain interruptions.