Risk Assessment in a Turbulent World
Discover the steps insurance industry data leaders are taking to meet new global challenges. Climate change and rising customer expectations are creating the perfect storm for risk management executives. Accurate location data has become a vital tool for insurers grappling with these competing demands.That is what was discussed at a risk management roundtable that brought together 16 business leaders from Hiscox, AIG, QBE and more.
This report summarises the key takeaways that were discussed at this event, with in-depth commentary from three industry experts who were in attendance. It’s packed with essential insights to help insurers deliver hyper accurate risk assessments in near real-time. Steven Wilkins, Head of Data Labs at Hiscox, outlines how his team is working to meet rising customer expectations and digitize outdated business processes.Chris Wyard, Head of Technical Data at Allianz Insurance, argues that insurers must take steps to safeguard the quality of their data as they deploy increasingly sophisticated capabilities. Simon Perry, Insurance Client Director at Precisely, summarises his key takeaways from the evening and looks at how insurance companies can ensure they’re working with high quality data. What’s more, our attendee survey provides an exclusive snapshot of where the insurance industry currently is on the path to data maturity.