While the golden rule for real estate agents has always been ‘Location, location, location’, property and casualty insurers have their own mantra to adhere to in mitigating exposure and optimizing risk management � ‘Location intelligence, intelligence, intelligence.’
Following the numerous catastrophes that occurred in the U.S, such as devastating hurricanes, A.M. Best Co. called for a multi-phase overhaul of existing catastrophe risk management methods that would enable underwriters to ‘make good decisions’ and ‘take action in real time’. It is here that location intelligence, which links data to precise physical coordinates, plays a key role.
This insightful whitepaper examines A.M. Best’s risk management guidelines, as well as some of the trends and technologies that are helping underwriters migrate location intelligence from its analytical role in the back-office � reviewing underwriting decision ‘after the fact’ � to the forefront of P&C operational processes to mitigate their exposure and better manage risk.
Read the “Helping to Avert Catastrophe Whitepaper“.
About Pitney Bowes Business Insight
Pitney Bowes Business Insight (PBBI), a division of Pitney Bowes Software Inc., provides a unique combination of location and communication intelligence software, data and services that enable organizations to make more informed decisions about customers, competition and market expansion. With the industry’s most comprehensive set of solutions for maximizing the value of customer data, PBBI provides the tools required to more effectively locate, connect and communicate with customers in today’s global markets. Leading organizations rely on PBBI solutions to increase the accuracy and effectiveness of customer information delivery and drive profitable growth. Visit www.pbbusinessinsight.com and www.pb.com for more information.