Weather causes half of insurance claims, yet carriers have traditionally treated weather as an inherently unpredictable force to which they can only react. Leading companies take a different approach by combining weather information with their own data sources to make their daily operations fundamentally more proactive.
In this webcast, you’ll get hands-on, actionable guidance on how to apply advanced predictive analytics capabilities to your own operational data and the world’s most accurate and precise historical, current, and forecast weather data from The Weather Company, an IBM business. Doing so can help you make a material difference in critical insurance business metrics as follows:
· Fraud detection through verification of claims conditions
· Response time and resource placement optimization
· More accurate prediction of reserves and liquidity requirements