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The rise in insurance pricing, client expectations, and climate risk frequencies all demand updates to traditional risk assessment models heading into 2021. Reassessing risk requires a nuanced look into your portfolios with more advanced analytical capabilities than in the past.
Great #insurtech support the people who actually use it, rather than simply add extra work and layers of complexity to make their job more difficult. Ease of use is just as important – if not more – than utility.
Successful risk and insurance professionals are great storytellers, finding the underlying narrative within risk exposure data. Visualizing data helps both identify and effectively communicate those hidden insights.
The Three Principles to follow when adopting the best #insurtech and #risktech to support your team: Flexibility, Intelligence, Simplicity. If it strips away the noise to clarify the signal to make more informed decisions, it’s time to take that step.
Accurate climate risk analytics is “the biggest single opportunity the insurance industry has ever seen” as the #risktech capable of real-time assessment and nuanced risk management is now here. Stay ahead of the curve and identify actionable insights hidden in your property risk exposure data with Maptycs.
Geospatial imagery brings together a wide array of data sources to supercharge the capabilities of P&C insurance professionals and opens up a new world of possibilities in pre- and post-loss analytics. It allows us to understand the data in away that makes sense.
Great #insurtech empowers their workforce by removing data bottlenecks that inhibit providing true value to their customers.
“Risk managers in the insurance industry must lead the way to build greater resilience.” – Selwin Hart, UN Secretary General for Climate Change.
Remove friction and simplify processes, so that risk and insurance professionals are empowered to better support others. Investments in #insurtech pay dividends in greater efficiency and happier customers.
Prepare for double-digit increases in property catastrophe rates in 2022 as re/insurers respond to the rise in severity and frequency of severe climate events. Effective risk management is a delicate balancing act, and changes in rates require a deep awareness of exposures.