About
In today’s very competitive P&C insurance market, many insurers are struggling to underwrite policies with a high degree of assurance that they are pricing accurately. Whether you are writing policies for autos, personal or commercial property, insurers will find that using high accuracy geocoding and current geospatial data will improve risk models. By utilizing precision geospatial data, P&C insurers can increase the level of modeling granularity and accuracy, beyond traditional techniques, which have often used large postal or demographic areas alone. There are, however, myriad data sets available for property locations and attributes such as building footprints, age of the building, next generation high-definition flood risk and terrain data in raster format, traffic profiles, and others.

However, leveraging these multiple sources of data, usually implies working with terabytes of geospatial vector and raster data, which require specialized data science, data engineering or analytical tools that can provide scalability. Turning to cloud-native or cloud big data technologies will be required, but data scientists may still struggle with geospatial data integration and analytics.
Agenda
  • Geospatial data that can be used for creating high accuracy auto and property models
  • Geospatial software technology that can be used to integrate the data and create high-precision models
  • Using cloud data warehouses, such as Databricks, for scalable data model processing
  • How to operationalize high-resolution risk models
Presenters
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Joe Francica
Senior Director Geospatial Strategy at Korem
Joe is recognized as an influential geospatial technologist and has been a leading advocate of location intelligence for over 35 years. During his career, he has worked in private companies, start-ups and government organizations, on the applications of geographic information to commercial business challenges. Francica founded and chaired the Location Intelligence Conference in the U.S. and Brazil and has published over 500 technical articles, blogs and podcasts on location technology. He holds degrees from Rutgers, Dartmouth and Southern Methodist University.
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Julien Lebrun
Geospatial Expert at Korem
Julien holds a bachelor and a master’s degree in geography from Laval University in Quebec City. He worked as a research professional at the center of northern studies where he took part in the operations of a network of environmental research stations. Since 2018, he works as a geospatial expert for Korem where he’s recommending and integrating the best geospatial solutions on the market.
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