Whitepaper: Developing a better understanding of risk
Insurance losses from claims following severe storms in Australia cost more than $1.55 billion in 2015. Australia is a country prone to natural disasters. When one area is fighting bushfires, another area may be dealing with floods. It is a country with weather extremes.
The challenges that insurers in Australia face are how to best manage this risk and reduce the financial impact from natural disasters.
In this whitepaper, learn how you can:
Analyse risk exposure down to the individual policy holder level
Get a singular view of risk and make decisions in near real-time
Deliver faster and more accurate quotes
Develop predictive analytics models for better risk management and catastrophe planning