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Consider This |
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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. |
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Relevance |
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Advantages |
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Action Plan |
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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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