Location Intelligence for Insurance Risk Management
     
Consider This
   
Reinsurance is a complicated business which involves the transfer of insurance risk by primary insurance companies. Primary insurers are often faced with multi-million dollar losses due to natural catastrophes – tropical cyclones, tornadoes, earthquakes, severe weather, hailstorms, landslides, volcanoes and flooding. Additional devastation is also caused by man-made events such as terrorism and accidents. Since these losses can be too large for a single insurer to pay all of the claims, reinsurance is purchased to spread the risk to reinsurers. Insurers and reinsurers grapple with the task of understanding and reducing insurance risk. Location Intelligence has been adopted by the insurance industry for many years. Location Intelligence (LI) provides insights to improve underwriting, claims services, marketing, ERM, production, and management of reinsurance for catastrophe, property and casualty, agriculture, surety and credit.
     
Relevance
   
How would your insurance decision making process and policies be different if you could easily and instantly:

Perform real time modeling of natural and man-made catastrophes
Easily utilize data from historical catastrophic events
Easily utilize data of natural hazards
Visualize your entire portfolio
Actively manage your portfolio using real-time hazard events
Easily utilize portfolio aggregation tools
Easily utilize summarize data and statistics
Easily access satellite imagery for all policy locations
Easily access policy data and analyze it using existing desktop applications
     
Advantages
   
Advantages Our LI Teams understand the challenges of implementing innovative, differentiating, and successful LI solutions. Our consulting services are second to none and include the following:

User friendly, innovative and intuitive user interface design
Agile application development in the latest web technologies
Advanced computing technology for intense computations
GIS Application integration and knowledge that is second to none
Spatial database integration and knowledge that is second to none
     
Action Plan
   
Thank you for visiting our information portal.  We value your time and understand that schedules and workloads do not always allow you to research solutions for your business driven initiatives.  We appreciate your time spent on our site to learn more about how we partner with our clients to create a truly value-added and strategic relationship.  If you are not finding the answers to your questions, please do not hesitate to contact us for immediate assistance.  There are several ways to reach us at our contact center.

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Next session:
2/16/2012

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