The 2022 Capgemini and Efma World Insurance Report: Property and Casualty edition explores the role of climate change and the steps insurers need to take to generate deeper customer trust and offer personalised solutions tailored to individual needs.
For property fire risks we can establish fairly accurate tipping points, which allow the insurance industry to calculate risks, and the ensuing cost of claims, with greater precision. This blog focuses on new data to deal with fire tipping points for better insurance risk classification.
Data and accuracy are key to controlling property risk, yet some in the industry are still using outdated postcode files to assess property level flood risk at point-of-quote. This blog highlights how LexisNexis® Map View helps property insurers to obtain point-of-quote intelligence.
With warehouses increasingly deploying robots to help with the demand for next day delivery, Post investigates what challenges automation in warehouses poses for insurers. Read this article to find out more.
Why insurers and their supply chains must work together to successfully protect homes from the devastating impacts of flooding
To successfully protect homes from the devastating impacts of flooding and help mitigate its financial consequences, insurers and their supply chains must work together. This content highlights why the Build Back Better agenda demands improved supply chain co-ordination and cost control.
Capgemini’s 2022 overview synthesizes the top P&C insurance trends shaped by carriers’ innovative reimagining of their business and operating models. Their goal? Success amid an evolving risk landscape, changing business dynamics, and evolving customer expectations.
The rise of aerial imagery and AI/machine learning is providing property insurers with new opportunities to improve the speed and accuracy with which they manage risk. Listen to this podcast to learn about the latest innovations which are helping property insurers improve pricing and underwriting.
Some insurers have now started to see the potential in using geospatial property intelligence to inform risk assessment and underwriting. Using this widely-available data and technology, insurers can now quote, assess, and protect their customers in a whole new way. Read this blog to find out more.
A new generation of AI-enabled, visual remote inspection tools are enabling homeowners, commercial property owners and others to do their own contactless property inspection using a mobile app and the camera on their smartphone. This blog highlights the benefits for property insurers.
This blog highlights the increasing threat posed by windstorms in the UK, why property insurance providers are building windstorm data into their pricing at point of quote and how geospatial mapping technology enables insurers to manage their exposure as a storm unfolds.