Webinar Highlights: Developing Innovative Solutions: Addressing the Trends of Tomorrow Today
Damage from major events can trigger other risks, which can compound losses.
Analysis based on historical anecdotes and patterns is giving way to more precise modeling based on available data combined with a better understanding of the physical world.
Advancing computing power means insurers can run high-resolution analysis and simulations in near-real-time settings.
Introducing greater flood protection means anticipating the specific risks and educating the policyholders as to potential losses.
Many businesses that did not have adequate insurance protection never recovered from the damage and disruption of events such as Superstorm Sandy.
