Just because an area hasn’t flooded before, don’t assume it won’t know. “We’re in a new era.” – Amy Bach, Executive Director of United Policyholders. The first named storm has already formed this #hurricaneseason. Identify actionable insights on your portfolio with advanced geospatial analytics using Maptycs. #risktech #climaterisk #insurtech #floodinsurance #floodrisk
Re/insurance rates are forecasted to continue hardening through 2022, according to Swiss Re. Risk and insurance professionals will have to continue adapting risk strategies around higher rates and growing climate risks, requiring a more nuanced, in-depth geospatial view of their portfolio. #risktech #insurtech #climaterisk #insuranceindustry
Quote of the Week: “True ESG reporting standards are still evolving, but the base data that goes into understanding an organisation’s current ESG risk landscape, risk appetite and goals is something that companies should be thinking about now.” #risktech #insurtech #riskmanagement #climaterisk #ESG
G7 finance ministers moved strongly towards forcing climate risk disclosures for banks and companies this weekend, coupled with a push towards mandatory climate risk data collection. For risk and insurance professionals, this shift urges proactive, global risk analysis to adjust to the new normal. Maptycs provides the most advanced technology solution to identifying and reporting…
Ensuring your risk data is up-to-date and reliable are key for effective risk management. While spreadsheets have long been relied upon, important information naturally slips through the cracks. #risktech #insurtech #riskmanagement
This detailed infographic highlights the ripple effects from severe weather risks across an entire business. Property damage is merely a fraction of the broader risks from catastrophic events, and risk professionals must take a wide-view of how these risks cascade geospatially across the organization. #risktech #insurtech #riskmanagement #climaterisk #natcat
Quote of the Week: “As organizations adopt innovative technology, they need to understand how location matters, and consider what information location-based data can provide.” Connect with Maptycs to see how we provide deep, actionable insights hidden in their risk exposure data through our proprietary geospatial visualization and analytics platform. #risktech #insurtech #geospatialdata #riskdata #riskanalysis
Hurricane season officially begins today, with a 60% chance of an above-average season and a forecast of 13-20 named storms. Maptycs combines real-time event monitoring and custom reporting with advanced analytics so risk and insurance professionals can immediately project losses and proactively respond to severe weather events as they unfold. Connect with our team to…
Maptycs is designed specifically to support risk and insurance professionals in each of the 5 steps of the risk management process. Our geospatial visualization platform and real-time event monitoring bolsters risk identification, assessment, mitigation, and monitoring, coupled with advanced analytics and custom reporting for risk communication.. #risktech #insurtech #riskmanagement
Integrating #insurtech into an organization requires a deep understanding of the challenges unique to risk and insurance professionals. Maptycs’ founders bring more than 40 years of experience specific to risk management and business insurance. #risktech #riskmanagement
