Geospatial analysis crucial in Kenya’s response to Covid-19.

Geospatial analysis has dramatically improved disaster response to Covid-19 by improving emergency resource management and spatial awareness of high-need locations. The applications by Kenya showcase how various organizations can take advantage of new #insurtech to support their own companies. #risktech #riskmanagement #propertyrisk #climaterisk #covid19 #rapidresponse

Effective risk management entails effective communication and collaboration.

Effective property risk management entails coordination with local utilities and emergency response units, both in bolstering modeling with more accurate information and in rapid response. Insurtech that opens up communication lines are crucial to developing and maintaining risk strategies across various locations. Maptycs platform seamlessly brings together data from multiple sources and formats to quickly…

Maptycs Named to InsurTech100 Ranking

Fintech Global Recognizes Maptycs Among the Most Innovative Solutions Providers in the Insurance Industry New York, NY — November 5, 2020 — Today, Maptycs (http://www.maptycs.com/newsite), an insurtech company that uses geospatial visualization and advanced analytics technology to help insurance professionals better assess property risk exposure, map assets against natural perils, and monitor severe weather events…

Better communication through advanced insurtech can expand greater business with existing clients.

Communicating property risk should be wide-ranging and include large number of stakeholders. Insurers must place a greater emphasis on incorporating #insurtech to close insurance gaps and provide more advanced coverage for existing and new clients as businesses continue adjusting post-pandemic. #riskmanagement #riskanalytics https://www.propertycasualty360.com/2020/11/02/how-to-expand-your-book-of-business-through-existing-clients-2/

Customer-centric insurance means limiting data silos created from legacy systems.

A key component of customer-centric insurance is limiting the amount of data silos “that hinder effective collaboration, undermine effective data management, and limit change.” Transitioning to more advanced #insurtech from legacy systems opens opportunities for your organization to work more effectively and efficiently, while adding greater value to customers. Maptycs’ platform brings together large datasets…

Manual, outdated spreadsheet software likely root source of 16k U.K. Covid-19 case records loss.

The loss of 16,000 Covid-19 case records in the U.K. is likely due in part to outdated spreadsheet software, underscoring how manual, dated technology dramatically increases the potential of large problems. Find the actionable insights hidden in your data through geospatial analytics, not spreadsheets. #risktech #insurtech #riskmanagement #dataanalytics https://www.telegraph.co.uk/technology/2020/10/06/test-trace-scandal-bungled-excel-spreadsheets-have-feeding-disaster/