Webinar Highlights: Developing Innovative Solutions: Addressing the Trends of Tomorrow Today
Introducing greater flood protection means anticipating the specific risks and educating the policyholders as to potential losses.
Bringing together data on ground elevation, building stock and other related information allows insures to better identify the locations and values at risk.
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.
Leaps in computer processing speed is helping insurers better identify the likely path of flood waters.
Many businesses that did not have adequate insurance protection never recovered from the damage and disruption of events such as Superstorm Sandy.