🎟 Insurers today face many challenges, not least the rising frequency and severity of natural disasters. This has led some of them to flee the most at-risk parts of the world. Fortunately, there are more sophisticated ways to deal with mounting climate risks. By leveraging geospatial data and many other inputs in highly innovative ways, we at Kayrros have developed solutions that let insurers predict events with a high degree of precision and accuracy, mitigate risks by encouraging their customers to take appropriate and effective precautionary measures, respond more efficiently to climate events when they do occur, and expedite claim processing. That’s why Kayrros will be attending Innovation Assurance 2025, a key event for the insurance, mutual and pension sectors. Covéa Insurance, BNP Paribas Cardif, Allianz Direct, AXA and many other companies will be there, discussing the way in which organisations should respond to technological advances in AI, market innovation, and evolving customer expectations. Quentin Hamonou, Kayrros Sales Representative, will demonstrate how our unrivalled data and analytics technology can support the industry’s adaptation to risks connected to the climate, mobility, and cybersecurity – all while expanding coverage and enhancing the customer experience. Come and meet us and discover how we’re helping to shape the future of the insurance sector. 📍 LAHO Business Center, Paris 🗓 January 30, 2025 👉 Find out more about the event: https://lnkd.in/eNBdD2uE See you there! #innovationassurance2025#ai#insuranceinnovation#riskmanagement#digitaltransformation
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In less than three weeks, the global Insurance community will gather in Amsterdam for the much-anticipated 𝗜𝗧𝗖 𝗗𝗜𝗔 𝗘𝘂𝗿𝗼𝗽𝗲 𝗘𝘃𝗲𝗻𝘁 𝟮𝟬𝟮𝟰, and we're delighted to be at the forefront as Platinum Sponsors! 🌟 ITC DIA Europe is Europe's premier Insurtech conference, providing a dynamic stage for industry leaders, innovators, and visionaries to shape the future of insurance technology. 🗓️ Mark Your Calendars: 𝗝𝘂𝗻𝗲 𝟭𝟮𝘁𝗵 - 𝟭𝟯𝘁𝗵 📍 Location: Amsterdam 👥 Expected: 2,000 visitors At @NTT DATA, we are set to explore vital topics including driving digital transformation, tackling cybersecurity challenges, and beyond. In the meantime, be sure to check out the newly released webinar where our very own @Richard Calvo is joined by prominent industry leaders. Focusing on key topics such as Digital Insurance, Connected Insurance, and Generative Insurance, there is no better way to gain actionable insights and stay ahead of industry trends! 𝗖𝗵𝗲𝗰𝗸 𝗶𝘁 𝗼𝘂𝘁 𝗵𝗲𝗿𝗲! 🔍 https://bit.ly/3VqUWYF 💡 𝗦𝘁𝗮𝘆 𝘁𝘂𝗻𝗲𝗱 𝘁𝗼 𝗼𝘂𝗿 𝗮𝗴𝗲𝗻𝗱𝗮 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝘂𝗽𝗱𝗮𝘁𝗲𝘀 𝗮𝘀 𝘄𝗲 𝗰𝗼𝘂𝗻𝘁𝗱𝗼𝘄𝗻 𝘁𝗼 𝗜𝗧𝗖 𝗗𝗜𝗔 𝗘𝘂𝗿𝗼𝗽𝗲 𝟮𝟬𝟮𝟰! 🌷🇳🇱 #NTTDATAInsurance #ITCDIAEurope #Insurtech #AmsterdamBound
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Extreme weather events are causing increasingly severe destruction. 🌩️ Insurance companies are in a difficult spot, as reported by DW. But insurance is among the industries that can benefit the most from the use of #EarthObservations. Data can be used to better understand risk, offer parametric insurance products and find efficiencies in assessing claims. Services like the Global Heat Resilience Service convened by GEO will offer insurance companies tools to help design appropriate insurance products to offset losses from heat. 🔥 https://lnkd.in/eMZKPnyb Earth observation has far-reaching implications for all kinds of industries and sectors. 👀 Insurance Innovation Reporter / World Economic Forum / InsureTech Connect / Insurtech Insights #EarthIntelligence #OpenData #EarthIntelligenceforall
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The P&C insurance industry faces increasing climate risks and extreme weather, prompting the need for digital transformation. AI-enabled digital twins and predictive tools are vital for risk assessment, though insurers must overcome technology, regulatory, and business challenges.
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European Insurance Market: Trends and Opportunities 🌍 The European insurance market is a powerhouse, driven by a strong regulatory environment and diverse consumer needs across countries. While facing challenges like aging populations and low interest rates, insurers are also embracing opportunities in digital transformation, insurtech, and sustainable insurance products. 🌱 With key players like Allianz, AXA, and Zurich leading the way, the market is seeing the rise of telematics, cyber risk coverage, and parametric insurance, offering innovative solutions to meet evolving customer expectations. 🚀 As we look ahead, the focus on personalization, climate risk management, and cross-border collaborations is set to shape the future of insurance in Europe, creating a dynamic space for both established firms and new entrants. #Insurance #EuropeanMarket #Insurtech #DigitalTransformation #Sustainability #Innovation
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The P&C insurance industry faces increasing climate risks and extreme weather, prompting the need for digital transformation. AI-enabled digital twins and predictive tools are vital for risk assessment, though insurers must overcome technology, regulatory, and business challenges.
How AI-Enabled Digital Twins Are Helping P/C Insurers Weather the Storm - Carrier Management
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Taylor Fry’s RADAR FY2024 is available today! Our annual insights report, analysing the major happenings, trends and impacts on the general insurance sector, reveals customers, AI and climate are the big issues now and ahead. Drawing on the latest data from the Australian Prudential Regulatory Authority and our deep industry know-how, our report looks at why a solid profit of $3.9 billion comes alongside a heightened focus on integrity – and what it all means for insurers. Among the raft of hot topics in RADAR FY2024, we cover the race for new technology and the climate implications for insurers, as well as the emergence of silent AI and how insurers can see their way to opportunity. Grab your copy to keep up to date in this fast-paced market, as we help insurers navigate the shifting landscape, explore their role within it and what they can do to contribute to a sustainable industry future. Visit https://bit.ly/3CpnoTl to read the full report. #RADARFY2024 #Insurance #Insights
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The property and casualty insurance sector is grappling with a pressing need for innovation in the face of escalating climate risks. With the recent $92.9 billion in damages from natural disasters, insurers are looking to technology to enhance their operational resilience. #AI-powered digital twins could revolutionize how insurers assess risk by creating virtual representations of properties that enable predictive analytics and personalized recommendations. However, significant challenges remain, including technological constraints and regulatory hurdles. As the industry navigates this transformation, it’s essential to prioritize collaboration and investment in smart technology. By doing so, P/C insurers can not only mitigate risks but also foster trust and transparency with policyholders. #InsurTech #ClimateResilience #InnovationInInsurance
How AI-Enabled Digital Twins Are Helping P/C Insurers Weather the Storm - Carrier Management
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The P&C insurance industry faces increasing climate risks and extreme weather, prompting the need for digital transformation. AI-enabled digital twins and predictive tools are vital for risk assessment, though insurers must overcome technology, regulatory, and business challenges.
How AI-Enabled Digital Twins Are Helping P/C Insurers Weather the Storm - Carrier Management
carriermanagement.com
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Our client panel at our Summit will feature Deborah Zawisza from Datos Insights sitting down with several of our clients and discussing the greatest challenges facing their insurance organizations. This wide-ranging panel will address issues including technology, macro-economic factors, climate change, regulation, changing customer behaviors and attitudes, distribution needs, and internal adoption of new processes. Don’t miss out, join us in Austin! #insurance #SapiensSummit24
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Our client panel at our Summit will feature Deborah Zawisza from Datos Insights sitting down with several of our clients and discussing the greatest challenges facing their insurance organizations. This wide-ranging panel will address issues including technology, macro-economic factors, climate change, regulation, changing customer behaviors and attitudes, distribution needs, and internal adoption of new processes. Don't miss out, join us in Austin! #insurance #SapiensSummit24
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