CRESTA data to boost insurance penetration
Thursday, 11 02 2017, Category: Nature, Country: Asia
Accurate and consistent boundary data is the foundation for managing risk across Asia, Christine Werner from GfK tells SIRC Today.
The size of the protection gap in many Asian markets represents a big opportunity for risk transfer companies that are able to accurately assess the risks. But while many companies are seeking growth in the region and investing in new risk models in the process, the real key to success will be ensuring the underlying data is of sufficient quality.
This is the view of senior geodata consultant Christine Werner at GfK, which offers detailed, global boundary data for use in risk models.
Source: Intelligent Insurer