11 June 2013IT & claims management analysis

Litmus Analysis extends new LUCID tool free to risk managers

Litmus Analysis is offering access to its new LUCID software free to risk managers attending today's AIRMIC event in Brighton. LUCID is a reference system that acts as a map of the international re/insurance landscape. The tool provides all re/insurance subsidiaries with an individual six-figure reference and a designates the ultimate owner of any given entity. It also outlines their status, helping LUCID users to understand the sometimes complex network of ties that exist in the re/insurance landscape.  Peter Hughes, director of Litmus Analysis said the new tool would help users to understand their aggregate exposures across groups with multiple subsidiaries and help them identify the ultimate owners of such entities. It will also help them to track the legacy business of such entities and ensure they are using the right carrier when looking to assign business. Hughes said that interested risk managers could visit Litmus Analysis at stand 75 for their free trial of the LUCID system.