Avoid the storm with trusted data

Avoid the storm with trusted data

Avoid the storm with trusted data

The states Florida, Georgia, South Carolina and North Carolina recently went through some of the worst flooding since Hurricane Katrina. Many cities including large parts of Savannah, Charleston, Raleigh and others were flooded for many days and some are still flooded as of this blog’s writing. Needless to say, Property and Casualty (P&C) Insurers stand to pay millions if not billions of dollars in claims; both for property loss and vehicle loss due to the flooding and torrential rains caused by Hurricane Matthew.

Over the past two years IBM has been moving in the direction of being a data-driven cognitive and cloud company. As part of this transformation, IBM has acquired The Weather Company that provides some of the most accurate weather data to pinpoint the impact of impending weather event to a specific address. Many large P&C insurers are adopting advanced weather technology from IBM to save lives, reduce exposure to claims and improve customer loyalty. The biggest benefit is to protecting moving insured assets before weather has a chance to inflict damage. So, insurance companies can ask residents to move vehicles out of harm’s way or board houses before a hurricane.

Read Also:
Pushing data quality beyond boundaries

However, this precise technology comes with its own set of challenges, when it comes to contacting the individuals before or during the time of impending weather event.

 



Data Innovation Summit 2017

30
Mar
2017
Data Innovation Summit 2017

30% off with code 7wData

Read Also:
Marketing attribution: Web analytics won’t work, but predictive analytics wi

Big Data Innovation Summit London

30
Mar
2017
Big Data Innovation Summit London

$200 off with code DATA200

Read Also:
4 trends in security data science for 2017

Enterprise Data World 2017

2
Apr
2017
Enterprise Data World 2017

$200 off with code 7WDATA

Read Also:
How to Steal an AI

Data Visualisation Summit San Francisco

19
Apr
2017
Data Visualisation Summit San Francisco

$200 off with code DATA200

Read Also:
4 trends in security data science for 2017

Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
Exploring open data quality

Leave a Reply

Your email address will not be published. Required fields are marked *