Insurance and Mortgage Risk, Under and Over Exposure...
Where is my business under or over exposed? Where exactly are my insured assets? What are their proximities to risk? Is my mortgage book at risk due to natural or man-made perils? How many houses with mortgages are in flood areas or over old disused coal mines?
These are the typical types of questions we are increasingly being asked to help solve. If your business has multiple and large volumes of complex products, then they will almost definitely have a location element which you will have never been able to include in your risk computations. Yet it’s this location element that hides the most risk.
Imagine the ability to measure many various complex risks simultaneously, such as the natural catastrophes opposite, and, with the click of a button, answer the CEO or the markets question..."What is my risk profile looking like today or better still at this moment in time"?