The insurance sector uses Cadcorp SIS for accumulation, perils management, reporting, claims management and for the detection of fraud.
It is unsurprising that the insurance industry is a major user of geographic information. Location is a good predictor of risk. By bringing together the location of both assets and hazards in a geographic information system, insurers are better able to provide fair and competitive premium quotations and at the same time evaluate the exposure to risk posed by their own insurance portfolios.
Real-time reporting and information sharing
The Cadcorp Spatial Information System not only provides the powerful spatial analysis that is central to insurance modelling - it also provides the internet and intranet capabilities that are increasingly demanded by an industry moving to real-time reporting and information sharing.