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Tsunami Inundation Maps for Insurance Underwriting

Posted by WSRB on August 6, 2012

Tsunami inundation maps have become a critical tool to help plan evacuation routes, hazard mitigation and pinpoint the locations of structures and populations most likely to be affected in the event of a tsunami. Have you ever wondered how these locations are determined? There are some common sense answers: distance from fault lines, land at or below sea level or unprotected coast lines. But the true answer is much more complex than that.

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Topics: Insurance underwriting, PropertyEDGE™, GIS Mapping, Hazards

Using GIS Data and Tools for Better Insurance Underwriting

Posted by WSRB on July 30, 2012

A Geographic Information System (GIS) is used to aggregate, analyze, and store many kinds of geographical data. More and more, it is being used to address the specific needs of the insurance industry. Using geographical data to analyze the site and situation of a property is an intrinsic part of risk modeling and can give you the knowledge to provide the right coverage and best value to your customers. However, accurate risk assessment depends on having access to reliable, up-to-date information on the specific location of your risk.

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Topics: Insurance underwriting, PropertyEDGE™, GIS Mapping

The Modified Mercalli Intensity Scale for Insurance Underwriting

Posted by WSRB on June 11, 2012

 

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Topics: Insurance underwriting, loss cost, PropertyEDGE™, rating bureau, GIS Mapping, insurance