Insurance
There is no doubt that most, if not all Insurance compoents relies or is tied to location, therefore making GIS a great component of insurance. The ability to access risk helps the sector be aware of location-based phenomena as well as predict risks associated with it. Insurance can map out geographic areas based on risks, for example a motor vehicle insurere might want to know the premiums of comprehensive cover in a certain region, based on crime (car theft) or country regulations and other policeies such as driving under infuence of alcohol, they can easily arrive at a conclusion.
One technology of particular intrest is the use of Fleet Management Syste, GPS Trackers and Geo-fening, a tool used by most companies and now insurance sectors to reduce, monitor and access risk. Geo-fencing is used in ca-rental or car-share to understand the limits of speed or drinking .
We help insurance sectors by deploying the following customized services:
Risk Assesment
We incorporate GIS risk prediction tools. This way, an insurance industry will benefit from categorizing risks to a territory, arriving at a better premium for a user. History of natural disaters, rainfall and draught forecast can also be intergrated for better analysis.
Claims Management
The ability of the insurance company to tie a customer to a location gives them a upper hand in risk assessment and claims processing. GIS provides a proactive approach to responding to customers with their claims rapidly and in an organized-way.
Insurance Fraud
GIS provides the insurance companies with the ability to access suspicious behaviour by dding areas to fraud investigation techniques will allow analyzing behavior. Compensation, restoring and repayment can handled comprehensively.
Comparing Business Measures.
GIS maps and Spatial anaylis helps Insurance companies validate locations and visualize loss patterns on an webbased map, interractive and analytical map. With precautions taken from GIS maps better business assessment can be done to decrease risk of future losses.
Insurance
There is no doubt that most, if not all Insurance compoents relies or is tied to location, therefore making GIS a great component of insurance. The ability to access risk helps the sector be aware of location-based phenomena as well as predict risks associated with it. Insurance can map out geographic areas based on risks, for example a motor vehicle insurere might want to know the premiums of comprehensive cover in a certain region, based on crime (car theft) or country regulations and other policeies such as driving under infuence of alcohol, they can easily arrive at a conclusion.
One technology of particular intrest is the use of Fleet Management Syste, GPS Trackers and Geo-fening, a tool used by most companies and now insurance sectors to reduce, monitor and access risk. Geo-fencing is used in ca-rental or car-share to understand the limits of speed or drinking .
We help insurance sectors by deploying the following customized services:
Risk Assesment
We incorporate GIS risk prediction tools. This way, an insurance industry will benefit from categorizing risks to a territory, arriving at a better premium for a user. History of natural disaters, rainfall and draught forecast can also be intergrated for better analysis.
Claims Management
The ability of the insurance company to tie a customer to a location gives them a upper hand in risk assessment and claims processing. GIS provides a proactive approach to responding to customers with their claims rapidly and in an organized-way.
Insurance Fraud
GIS provides the insurance companies with the ability to access suspicious behaviour by dding areas to fraud investigation techniques will allow analyzing behavior. Compensation, restoring and repayment can handled comprehensively.
Comparing Business Measures.
GIS maps and Spatial anaylis helps Insurance companies validate locations and visualize loss patterns on an webbased map, interractive and analytical map. With precautions taken from GIS maps better business assessment can be done to decrease risk of future losses.