Risk engineering and risk data solution provider, Risk Solved Ltd, has teamed up with Vectur Energy, a UK specialist in the reduction of uncontrolled emissions from energy production. The partnership aims to produce insights that enable underwriters to increase profitability.

Suzanne Allen, director at Vectur Energy, said: “Any industry will seek to operate in the most efficient and safest way possible, looking for all risks and opportunities, but knowing where they are is key. With technology that can monitor assets 24/7 and offer real-time reporting of operations; coupled with industry lead knowledge from insurance experts, this partnership is beneficial to all.”

Richard Thomas, managing director, strategy and partnerships at Risk Solved, added: “The risk exposure data that Vectur Energy gather in real-time and the insights it enables will add to our ability to provide the kind of risk management insight that clients need to gain a distinct advantage, reduce loss ratios, make real-world savings, and help their customers improve their business resilience.”