Webinar Highlights: Developing Innovative Solutions: Addressing the Trends of Tomorrow Today
Damage from major events can trigger other risks, which can compound losses.
Bringing together data on ground elevation, building stock and other related information allows insures to better identify the locations and values at risk.
Many businesses that did not have adequate insurance protection never recovered from the damage and disruption of events such as Superstorm Sandy.
Changes in federal and banking rules are offering insurers greater opportunities to compete in the market for flood coverage.
Introducing greater flood protection means anticipating the specific risks and educating the policyholders as to potential losses.