Insurance
Climate change, resource shortages and growth in fraudulent claims have highlighted the need among insurers for better risk assessment.
More intelligence is required to support better decisions to manage risk, improve efficiency and increase competitive edge. There are various sources of information to take into account when managing risk, however geospatial information provides a powerful means of interlinking these factors.
Infoterra has developed Terrasure which provides flood and subsidence risk for Great Britain for loss adjusters and claims management professionals. TerraSure operates on a "pay as you use" model, making access to large national datasets affordable for any size of organisation.
To find out more about go to www.terrasure.co.uk
Infoterra delivers solutions which utilise diverse datasets to provide business decision support systems for insurance professionals. These high quality datasets can also be provided for experts in perils risk assessment to use within their models.
Often intelligence is locked away in systems which are isolated from other disciplines within a company so connections are difficult to see... Is there a correlation between motor theft & property vandalism claims in a particular street?
Today there is growing awareness of the capacity of geography to provide a common link between systems. There is also recognition that business managers need the tools to make well-founded decisions.
