Insurtech adoption in P&C in a hardening market. With increasing climate risks and the continuing Covid-19 pandemic, risk and insurance professionals can weather the storm with better analysis and proactive preparation. #risktech #insurtech #riskmanagement #propertycasualty
Adoption of new insurtech and digital-driven ecosystems characterize the largest factors moving the insurance industry forward in 2020. As the year ends (Happy New Years’ Eve!), risk and insurance professionals should continue this push to drive greater value for their organizations and clients. #risktech #insurtech #riskmanagement
The two of biggest risks against resiliency in 2021 are climate change and brittle supply chains. Risk and insurance professionals must take advantage of the tools available to them to build resilient risk mitigation strategies. #risktech #insurtech #riskmanagement
Quote of the Week: “When you have software solutions that cross multiple departments, provide orchestration of several workflows, and either automatically optimize, or at least provide recommendations, insurers will take significant leaps forward.” Connect with our team to see how the Maptycs platform removes data silos to open up communication and unlock actionable insights into…
Risk and insurance professionals must become more savvy understanding their organization’s exposure to extreme weather events. Investments in insurtech are critical now with renewals already beginning and higher projected climate risks in 2021. #risktech #insurtech #riskmanagement #climaterisk
Risk and insurance professionals require digital tools to meet clients’ expectations for quicker, more transparent, and more insightful information. As businesses invest into their digital infrastructure, look for “solutions that combine the benefits of human interaction and oversight with technology that’s fast and user friendly.” #insurtech #risktech #riskmanagement
Quote of the Week: “Geospatial data and mapping tools add the ability to analyse spatial data in terms of its relationship with time-series data. The implications are far-reaching for those examining the impact of events – whether extreme weather or the spread of virus or disease – on businesses, industries and public services.” Clients rely…
Risk and insurance professionals should proactively prepare for an increase in hurricane activity in 2021. Early climate conditions project an increase beyond an already record number of hurricanes in 2020. #risktech #insurtech #climaterisk #hurricaneseason #propertycasualty
The January 2021 renewal period requires even greater nuance in analysis and preparation than normal, as “experienced underwriters once again find that capital and competition may make their forward-looking 2021 portfolio projections inaccurate (or impossible to achieve).” Risk and insurance professionals should continue pressing to stay ahead of the curve. Connect with our team to…
A true pleasure for Maptycs to present for the Dragon’s Den session during the Airmic Climate Change forum earlier today! Our presentation – as well as resources from all the speakers at today’s event – can be found on the Airmic Forums website. #insurtech #risktech #climaterisk #climatechange #riskmanagement
