Dynamic PGR is software that generates a dynamic model of risk table, with its own algorithm, based on mathematical models using statistical and analytics tools.
The system is based on the premise of balancing the level of risk of the operation with the level of efficiency of the protection systems used (degree of vulnerability).
It takes advantage of the expertise of risk managers to evaluate the effectiveness of protection systems, contrasting with the claims databases and the main variables (risk factors).
The current Risk Management Plan (PGRs):
- They have little structured concept of analytics.
- Based on assumptions and feelings of the risk managers who have good specific knowledge about the subject.
- They do not present statistical base for their application due to the dispersion of the market.
- The current model does not allow monitoring of the dynamics and evolution of the levels of claims that vary constantly.
Equation 1: G rau of R bait
Equation 2: V ulnerability level
What are you doing? What does it deliver?
It allows finding the optimization point between the risk factors and the level of effectiveness used to enable the operation to occur within the appropriate risk tolerance parameters
Consistency in Assessment
Greater consistency in the risk assessment process and the effectiveness of protection systems.
Homogenization & Transparency
Homogenization and transparency of information among players (insurer, shipper, risk manager, etc.) allowing total visibility of the operations and their level of adherence to the rules of the PGR, allowing, even, an audit trail.
CASES OF SUCCESS – Logistic Operator
Benefits Captured in 3 years:
What value do you add?
How it works?