Webinar Highlights: Developing Innovative Solutions: Addressing the Trends of Tomorrow Today
Advancing computing power means insurers can run high-resolution analysis and simulations in near-real-time settings.
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.
Changes in federal and banking rules are offering insurers greater opportunities to compete in the market for flood coverage.
Leaps in computer processing speed is helping insurers better identify the likely path of flood waters.
Damage from major events can trigger other risks, which can compound losses.