Abstract: A platform for alternative risk transfer (ART), comprising a risk database configured to store risk data, a participant database configured to store a registry of ART participants, a ratings database configured to store ratings data regarding the risk data and the ART participants, and a risk crossing network database configured to store loss financing offers submitted by the ART participants, each of the loss financing offers being associated with one or more criteria. The ART platform can be used to match loss financing offers from different ART participants, which can then transfer risk according to the terms of the matched loss financing offers.

Abstract: A cloud-based analysis and trading system that can enable virtual management of both placement and pricing of risk between a reinsurer and cedant, or between any other parties. The system can also manage existing contracts and policies. Cloud software can offer risk optimization, entity rating, trading exchanges, billing and payments services, automated recovery, and statutory filing interfaces. Virtual private clouds can be provisioned around specified criteria, such as lines of business, major rating classes, and groups of claims.