It was great to catch up with Meg Green from Insurance Insider at RISKWORLD. RIMS never fails to deliver on an opportunity to truly immerse yourself in the most up to date solutions and technologies in #RiskManagement.
Meg and I talked through how risk and analytics continues to evolve in the insurance industry, offering an opportunity for inhouse risk managers to safeguard their organizations risk to capital through the use of data analysis tools. These risk analytics tools offer a comprehensive and holistic view of risk, fundamentally changing the way organizations are able to manage risk and deploy capital against risk. For example, modelling against climate risk allows a more defined understanding of your exposure to climate change, giving organizations clearer decision solutions.
We also talked about AI in the insurance industry. While AI isn’t new to the industry, solutions using #GenAI that WTW now have can support swift contract and policy reviews – enabling a more strategic renewal process.
Our Global Head of Risk & Analytics, John Merkovsky recently caught up with the team at Insurance Insider: https://ow.ly/IUvF50RGMI5
Meg and John covered the continued evolvement of risk and analytics in the insurance industry. The smart use of data and analytics offers risk and c-suite professionals the opportunity to safeguard their risk to capital ratios.
John explained that with a comprehensive and holistic view of risk, analytics are fundamentally changing the way organizations manage risk. For example, modelling against #ClimateRisk allows a more defined understanding of your exposure to climate change, giving organizations clearer view of risk.
Get in touch for a smarter way to risk.
#GenAI #RiskManagement #RISKWORLD #RiskAnalytics #Data #ASmarterWayToRisk
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