Dubai-based insuretech start-up spreads wings
Virtual i Technologies appoints Perspective Consultancy as CYPRUS Network Partner
Virtual i, a risk assessment and business continuity consultancy firm headquartered at Dubai’s International Financial Centre (DIFC), and with offices in Istanbul, has signed an agreement appointing Perspective Consultancy as its Network Partner in Cyprus.
This agreement allows Perspective Consultancy to use virtual i’s Risk Inspection Platform for their risk surveys allowing the Cyprus based insurance consultancy company to write faster and more accurate Risk Inspection Reports, increasing the company’s risk engineering efficiency and reducing overall risk exposure.
This February, Perspective Consultancy’s team will attend a two day training session conducted by virtual i’s Senior Risk Engineers in Turkey, to familiarise themselves further with the proprietary technology.
Commenting on the strategic partnership, virtual i chief executive officer, Sinan Geylani said, “We are optimistic about the success of this partnership and that our Risk Inspection Platform will make a big impact in the way the Cyprus insurance market assesses risks. Working with Perspective Consultancy, we will support Cyprus insurers to see more risks during the underwriting process in order to ensure that they reduce the probability of picking up a bad risk.”
Alp Özerk, chief executive officer of Perspective Consultancy added: “We strongly believe that technology will change the way insurance companies see and assess risks. Using virtual i’s technology that has to date not been available to the Cyprus insurance industry, we will ensure that our clients see and analyse more risks and put measures in place to ensure business continuity.”
This collaboration marks the first time that virtual i’s Risk Engineering Platform has been used for risk inspections in Cyprus, and increases the insuretech’s company footprint in Turkey, the Middle East and Europe.