RISK MANAGEMENT
Help protect your clients’ assets and improve their overall insurance experience.
AfriGIS Geographic Information Solutions offer numerous benefits for insurance companies, helping them manage risk, improve customer service, streamline operations and support strategic decision-making and growth.
AfriGIS key applications for insurance risk management:
Risk Assessment and Management:
Visualise and analyse geographic data to assess risks such as floods, hurricanes, wildfires and other natural disasters. This helps in pricing policies more accurately and planning resources for extreme weather events.
Claims Management:
After a disaster, insurers can quickly locate affected policyholders and assess the extent of damage. This speeds up the claims process and improves customer satisfaction.
Address validation:
Our verified and validated data ensure accurate addresses for more precise risk assessments and premium calculations.
Underwriting:
By analysing our geographic data, insurers can better understand the risk profiles of different areas. This helps in making more informed underwriting decisions.
Fraud Detection:
Detect suspicious patterns and behaviours by analysing the geographic distribution of claims.
Market Analysis and Customer Insights:
Understand the demographics and behaviours of their customers, allowing for more targeted marketing and product development.
Resource Allocation:
During emergencies, our solutions can help in efficiently deploying resources and personnel to the most affected areas.
Mitigate risk with AfriGIS Weather data
AfriGIS, in partnership with the South African Weather Service (SAWS), offers advanced weather warning solutions tailored to the insurance industry. Our tools help insurers manage risk more effectively by providing accurate weather data, proactive alerts, and address validation.
- Risk Assessment Tools: Advanced modelling and data analytics are used to better predict and assess climate risks.
- Real-time hail and lightning alerts: Minimise damage and claims by alerting clients to imminent severe weather.
- Accurate claims verification: Verify weather events like lightning strikes near properties to support valid claims.
- Historic weather data: Use past data to adjust underwriting practices and offer appropriate coverage for high-risk areas.
- Proactive client notifications: Notify clients of potential weather risks via SMS or WhatsApp, helping them protect their assets.
For more information about our Weather Solutions click here:
AFRIGIS APIs
Access verified and validated data via our APIs. Integrate in your own solutions.
Showcase
Experience our capabilities in action.
Take a look at our capabilities, play around, ask us questions. Find out how AfriGIS unlocks the valuable geospatial insights you need to succeed.