Insurance companies store large amounts of information about their policyholders, and attacks are expected to grow in frequency and severity in the coming years.
Winter Storm Elliott highlights the importance of preparedness and provides fundamental lessons to better manage winter risks and advance business resilience.
Combining artificial intelligence with aerial imagery can allow for the creation of 3D property insights and make risk identification quicker and more efficient.
Any company that still relies solely on governmental property records instead of using AI-derived property databases is significantly increasing its risks.
Within the fleet industry, the most common cause of crashes is distracted driving, which injured more than 420,000 drivers and killed 3,142 people in the U.S. in 2020 alone.
By improving weather modeling and assessing past catastrophes, insurers can use predictive analytics to provide better support to customers during difficult times.