16 Oct 2023 15:48

Ukraine launches risk data platform with Marsh McLennan's support

MOSCOW. Oct 16 (Interfax) - Ukraine, with the support of international reinsurance broker Marsh McLennan, launched a data platform on October 12, allowing insurers, investors and governments to analyze military risks in the country, Ukrainian media said, citing the Marsh McLennan website.

Marsh McLennan supported the Ukrainian government in designing and testing the platform to support Ukraine's recovery and transformation, the report said.

The data platform brings together detailed maps of data related to the crisis in Ukraine starting February 2022.

"Ukraine's data platform - the first of its kind - empowers the global insurance and investment community as well as governments with data to evaluate risks much more accurately to create greater confidence for investment," Marsh McLennan President and CEO of John Doyle was quoted by the statement as saying.

The platform is operated by Ukrainian National Security and Defense Council Secretary Alexei Danilov, it said.

The project's launch followed an earlier announcement in which Marsh McLennan committed to provide services on a pro-bono basis to create a platform for Ukraine to consolidate and analyze data for a transparent assessment of military risks in Ukraine.

The platform aggregates data received from the police, military, security services, rescue services, transport services, and government institutions, among other sources.

Marsh McLennan is the world's leading professional services firm in the areas of risk, strategy and personnel. Its staff of around 85,000 people helps clients in 130 countries navigate an increasingly dynamic and complex environment through four market-leading businesses. The company's annual revenue is over $20 billion.