How data analysis quantifies water, fire risks for insurers
How can property insurers close the gap on pricing risk associated with damage that isn’t caused by Mother Nature ?
The weather is unpredictable. And yet, sophisticated catastrophic risk and weather verification models have made it possible for property insurers to quantify the ‘what could, what if and what did happen’ of natural hazard risk.
Source : https://www.propertycasualty360.com