Explore 15 years of home fire trends in England, covering the fire risks, damage patterns, and how alarms cut losses across UK homes.
In this article, we explore why precise geolocation and contextual property intelligence are fundamental to insurance, and what insurers risk when these elements are missing or misapplied.
Gamma LI will be integrating Sust Global’s data into its Perilfinder™ platform, enabling access for clients to worldwide, forward-looking climate change hazard maps and APIs. This will be the first time that Sust Global’s models will be available for insurers and banks on an underwriting platform like Perilfinder™.
Superscript delivers subscription-based policies and is transforming business insurance to meet the fast-changing needs of SMEs. Its advisory service, ‘SuperscriptQ’, helps high-growth technology businesses to secure cover easily. To support its offering, Superscript is also building an impressive partner network, having already joined forces with Virgin Money, Amazon and Starling.
Recommended Resources: Published materials relating to ESG, GHG, and the drive to Net-Zero. This “companion blog” provides links to published materials highlighted during the MGAA webinar in which Gamma LI – alongside partners at Sust Global and First Derivative – shine a light on climate change and the regulatory requirements to report on direct and indirect carbon emissions. A potentially onerous task for MGAs and insurers alike that we can help streamline.
ESG, GHG, the drive to Net-Zero… the focus on climate change and the regulatory requirements to report on direct and indirect carbon emissions for insurance businesses of all sizes is an onerous task. Gamma LI – alongside partners at Sust Global and First Derivative – participated in an MGAA webinar to shine a light on the topic and provide some guidance. This blog covers some of the key points raised.
Looking for better ways of assessing property risk? Finding that implementing data and software solutions is overwhelming? Then perhaps this brief review is the antidote you are seeking. At the very least, it might prompt you to get in touch and have a conversation. We always like to help. We don’t believe in making things difficult.
Sustainability and ESG is yet another topic that is overwhelming many organisations within the insurance sector. Knowing where to start and what good looks like in terms of driving towards net-zero from an investment and underwritten business perspective is hard. There was some great advice at the Sustainable Insurance Summit at the end of January 2022. Hopefully, this summary is helpful.
Climate change is already affecting our daily lives, but its effects upon the weather will become far more marked in the years to come. Property insurance premiums are affected by the impact that storms and wind speeds have on buildings and the built environment. However, the windstorm evidence and projections for the impact of climate change are not well developed. In this article, together with MetSwift, we explore the observed trend in strong wind events since the 1970s, using a 50 mph wind gust threshold.
Climate-related risk. Regulatory compliance. Cloud-based solutions. Data… data… data. It’s a lot to take on-board. Even more to understand how it can truly benefit your business. Some of the detail to get you started or help you on your journey is here. Helping you to address today for the unwritten tomorrow… might be simple conversation and the odd presentation away.
Our knowledge of climate change is evolving all the time. In light of the COP26 conference in Glasgow, Gamma LI would like to bring our clients and partners up to date on climate change, what it means for the Insurance sector and what data is available now to help understand what the potential impact might be.
KatRisk, the leading provider of catastrophic risk modeling software to the insurance and financial services industries, is pleased to announce the acquisition of Gamma, a pioneering company in location intelligence and property-level risk assessment. This strategic move bolsters KatRisk’s expertise in risk analytics, enabling the delivery of more precise insights…