Climate risk blind spots require advanced analytics beyond risk guidance.

Climate risk blind spots present a significant challenge for risk and insurance professionals relying on climate risk disclosure initiatives for guidance. Granular insights into exposure is critical as climate risks continue to rise, and “Developing strategies that meet these objectives requires a more robust understanding of the potential risks from physical climate hazards.” #risktech #insurtech…

Two insurtech trends to stay ahead of.

For risk and insurance professionals, “what once may have been considered a nice-to-have tool is rapidly becoming essential.” Taking advantage of automated advanced analytics and reporting tools are the two trends to stay ahead of the curve. #risktech #insurtech #riskmanagement

New report projects quadrupling flood insurance rates.

First Street’s newest report projects National Flood Insurance Program (NFIP) rates may more than quadruple as regions “specifically vulnerable to flood risk” are likely significantly underinsured. Maptycs users seamlessly integrate new and existing risk exposure data to quickly visualize, analyze, and proactively adjust their risk strategies. Connect with our team to see the Maptycs platform…

One of 2020’s biggest lesson is need for continuous risk monitoring.

2020 has taught that point in-time assessments for monitoring risk is too static for effective risk management. Instead, “effective risk mitigation required continuous monitoring and risk intelligence.” Maptycs users harness the platform’s automated real-time risk monitoring and notification systems to continuously stay prepared and quickly respond to developing events. Connect with our team to see…