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As a global company whose clients have risks in more than 150 countries Willis Re wanted to make a faster and more accurate assessments of its clients' exposures based on location data. By providing a better understanding of the level of exposure at individual points on the map, it wanted to help its clients better estimate potential losses to ensure they purchase the correct amount of coverage at the right price. This case study looks at Willis' business challenges, the software solution used and the subsequent results and benefits.
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Tags: case study, Willis, Willis Re, Technology, reinsurance, Risk management, Underwriting, Data sharing, Catastrophe, Database management, Data quality, Geography, Software, Risk Analysis, Perils, Modelling, International, Geocoding, Pricing, Pitney Bowes Software.
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© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093.
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