Nearmap’s AI-powered models approved in 27 markets
Insurers can leverage the predictive scores to help price risk.
“IT people are not thrilled with the rise of the cloud because it is viewed as the outsourcing of work. A lot of people are still worried about the loss of equity and the loss of livelihood,” Michael Hugos, a self-described “CIO at Large,” said at the “Technology Super Session” during the Insurance Accounting & Systems Association’s (IASA) 2012 annual conference, held June 3-6 in San Diego.
“The rate of change is causing a certain amount of distress in IT—verging on panic—but the rate is not going to slow down. Cloud is poised to transform business,” he said.
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Insurers can leverage the predictive scores to help price risk.
New technology juggles storm water risk, urbanization and climate change.
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Rain-related business disruptions can be costly for your clients. Parametric hourly rain insurance offers a proactive approach to mitigate financial losses from weather conditions. This data-driven solution delivers fast, automated payouts when rainfall thresholds are met, ensuring your clients are protected when they need it most.
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