With the introduction of cloud-native and AI-enabled spatial analytics technologies, more insurers are capable of accessing advanced analyses that can help guide their approach to coverage and policy development. (Credit: Pixel-Shot/Adobe Stock)
Today's P&C insurers are facing a variety of factors impacting their strategies such as fluctuating climate conditions, evolving preferences for coverage options, and new risk assessment. To remain competitive, meet the evolving needs of their insureds, and react to changing market trends in real-time, insurers must prioritize modern, cloud-based spatial analysis and location intelligence.
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