QBE has rolled out a digital risk management platform for commercial property and liability, with plans to add new functionality and other insurance products in the near future. 

The insurer says RiskAdvance is designed for brokers and customers, and the tool enables them to complete a risk self-survey and receive tailored data-driven insights and solutions from QBE to identify, manage and mitigate risks their businesses may be exposed to. 

Information collected through the surveys will help QBE to make “faster” decisions on offering insurance policies, helping to streamline the new business and renewal process for customers and brokers, the insurer says.  

“The RiskAdvance platform is designed to modernise how businesses monitor, manage and build their risk maturity,” QBE Australia Pacific GM Commercial Rob Kosova said.  

“We’re pleased to be able to offer tailored risk insights and solutions to help enable a more resilient future for businesses, and empower them to navigate an evolving risk landscape with confidence.” 

The platform will directly notify brokers and agents of potential risk improvements for their customers, with the ability for them and their customers to easily update the status of their risk improvements, streamlining QBE’s existing risk management processes.