Aviana and Jetfile announces strategic partnership to offer Insurance Risk Insights Solution (IRIS) to insurance clients

IRIS leverages data and adds predictive science to mitigate risk for commercial property carriers

Yorba Linda, CA; September 06, 2024—Jetfile, a leading provider of insurance management solutions, today announced a strategic partnership with Aviana to provide IRIS, a revolutionary commercial property risk assessment solution for the insurance industry, which will now be available on Jeftile’s platform.

IRIS, a cutting-edge predictive analytics tool for the insurance industry, is unique in its ability to provide unparalleled access to quantify risks accurately, improve risk choice, and streamline underwriting and pricing decisions, all in one location, on Jetfile’s Agency Management System. By leveraging IRIS on Jetfile, insurance companies can grow their revenue while effectively mitigating risk and ensuring a competitive edge in the market. IRIS can analyze over 200+ databases, including claims history, and can be customized to meet each carrier’s risk appetite. IRIS, created by Aviana Global, a leading data science and data analytics company, can analyze data for carriers by industry segment, product portfolio, and other factors to help them successfully manage their book of business.

“At Jetfile, we continuously strive to deliver unique and compelling solutions to help our clients succeed,” said Espen Schaathum, CEO, “IRIS perfectly complements our existing suite, providing insurers with a powerful tool to make informed decisions and achieve greater profitability.” Schaathum continued, “We’ve spent years building a team of world-leading IT talent and insurance business experts, ensuring we deliver innovative solutions. IRIS is an extension of that commitment, giving our clients the confidence that they are in the hands of industry leaders.”.

“Embedding IRIS and risk insights into JeFile ‘s workflows allow underwriters to prioritize the work and allow them to make faster and better decisions. The platform offers tremendous productivity benefits to the P&C industry.”, said Sonia Ahuja, President of Insurance Services at Aviana and an industry veteran.

“At Aviana Global, we’ve helped Fortune 500, state, and legal institutions with data science consulting projects to solve fraud, security, compliance, and other issues,” stated Avijit Datta, CEO Aviana Global, who created IRIS after data proved that a standard was needed to help provide insurance coverage for commercial property owners.

Mounting insurance claims related to the increasing frequency and severity of fires and other natural disasters have resulted in large commercial property insurers withdrawing from state insurance markets. Continued Datta, “IRIS provides a smarter, more efficient, and effective solution to provide profitable insurance coverage for insurers and help serve commercial property owners.”

ABOUT JETFILE

Jetfile offers robust, secure, and compliant software solutions designed to streamline core insurance operations, including Policy Management, Accounting, Claims handling, Policy Issuance, and Document Management. The platform’s modular design allows insurers to scale their solution based on their evolving needs and provides users with role-based access. Additionally, Jetfile boasts of a built-in General Ledger and a Document Management system with Scanning and PDF editing capabilities, eliminating the need for additional software.

About IRIS by Aviana Global

IRIS is a cutting-edge predictive analytics tool specifically designed for the insurance industry. Utilizing advanced analytics and data modeling, IRIS curates and analyzes vast amounts of data to deliver a comprehensive risk score that provides valuable insights into property risks. IRIS – setting the standard for risk assessment.