How to Speed Catastrophe Response: A Guide for P&C Insurers

Overview

What if, whenever a storm hit, your exposure data was automatically integrated with the latest hazard footprints? You’d always be in the know, and you’d be able to proactively serve and respond to customers in minutes, not hours.

With so much hazard data available during events, most carriers are challenged with effectively operationalizing all of it to quickly understand its impact. It can take upwards of 4 hours to update exposure data against a single hazard footprint before outreach to policyholders begins. As a result, fewer than 23% of carriers feel they are successfully leading the market in their claims efforts.

Learn how automation can help transform your event response and claims operations — saving you hours and helping you proactively serve and protect customers.

Download this guide now to learn:

  • What market forces are driving the need for improved event response and claims operational efficiency
  • 8 key event response challenges, including processing and operationalizing hazard data
  • Exactly how automation solves these operational challenges
  • What it takes to implement an automated solution

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