Geographic Information Systems Provide High-Value Technology for Risk Management
Geographic Information Systems Provide High-Value Technology for Risk Management
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August 2010 Monthly Feature News Geographic Information Systems Provide High-Value Technology for Risk Management |
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Property/casualty insurers have realized substantial value from geographic information systems since the mid-1990s. Most insurers now use GIS for more precise underwriting and rating at the point of sale. GIS helps insurers assign rating territories and public protection and building code effectiveness classifications. It also aids in assessing risk based on distance to coasts, wildfire exposure, and flood zone determination. »Full story
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