Webinar Highlights: Developing Innovative Solutions: Addressing the Trends of Tomorrow Today
Many businesses that did not have adequate insurance protection never recovered from the damage and disruption of events such as Superstorm Sandy.
Bringing together data on ground elevation, building stock and other related information allows insures to better identify the locations and values at risk.
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.
Recent major weather events have occurred in close succession, but the types of the perils they create is also changing.