Presentation is loading. Please wait.

Presentation is loading. Please wait.

© 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala Lumpur, Malaysia Sept 25 th 2013.

Similar presentations


Presentation on theme: "© 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala Lumpur, Malaysia Sept 25 th 2013."— Presentation transcript:

1 © 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala Lumpur, Malaysia Sept 25 th 2013

2 © 2013, NIIT Technologies Inc. 2 Natural Disasters are everywhere World is observing more and more catastrophes day by day Typhoon Soulik in Taiwan Flooding in Eastern Australia Earthquake in Southeastern Iran Strong Eruption at Paluweh Volcano Burning Fields in Eastern Russia Dust storm over the Mediterranean Sea

3 © 2013, NIIT Technologies Inc. 3 Risk Management with GIS Enterprise GIS provides a single geographic view of all the risk types surrounding an policy address/location Proximity from Earthquake faults, flood zones, brush fires, sink holes etc. Identified important landmarks (Targets- Terrorism Peril) Nearest fire station, fire hydrant

4 © 2013, NIIT Technologies Inc. 4 What do insurance companies need Precision Transparency Speed A solution with the following features :-

5 © 2013, NIIT Technologies Inc. 5 Exact Advantage 3 - Global coverage of data and reporting on a Global map. - Rapid analysis capabilities to understand exposures to: Historical events Hypothetical scenarios Live events, as they are happening - Ability to identify clash exposures between lines of business.

6 © 2013, NIIT Technologies Inc. 6 Integration with other systems

7 © 2013, NIIT Technologies Inc. 7 Delivers total maximum loss results Monitors potential overwriting of capacity Supports reinsurance purchase decision making Allows multi-line exposure management Worldwide geo-coding coverage Supports comparative analysis of cat and non-cat locations Fully auditable Facilitates regulatory compliance Integrates with cat-modelling tools Exact Advantage – Value Drivers

8 © 2013, NIIT Technologies Inc. 8 Global Map integration Aggregation is based on the Latitude and Longitude. Aggregation calculations is done using the Exact aggregation engine logic. Ability to display insured locations from Exact Advantage on a global map. Location search based on search criteria.

9 © 2013, NIIT Technologies Inc. 9

10 10

11 © 2013, NIIT Technologies Inc. 11

12 © 2013, NIIT Technologies Inc. 12

13 © 2013, NIIT Technologies Inc. 13

14 © 2013, NIIT Technologies Inc. 14 Risk Management with GIS Map based tools to effectively visualize and analyze True distribution of risk in a territory (High value policy distribution) Identify areas of high peak loss potential Segment high-risk policies by geographic sales region and territory.

15 © 2013, NIIT Technologies Inc. 15 Risk evaluation and Decision: Evaluate geographical risks for decision Increase risk layer classifications Field Inspection Risks Traffic incidents frequency and historical data Pricing Determination: Optimize rate categorization Contour based pricing model Analyzing historical claims data to predict future trends and re-price territories Maintenance of Underwriting Quality: Facilitate quick change to the underwriting guidelines Underwriting using GIS

16 © 2013, NIIT Technologies Inc. 16 Claims analysis and Processing using GIS Map based tools to effectively visualize and analyze Claims Damage Zone/Path, policies effected Incident boundary maps & polygons to assess the potential loss The potential claims and open claims, fraud analysis Optimize claims resource utilization and deployment Best possible routes to claimants

17 © 2013, NIIT Technologies Inc. 17 Claims analysis and Processing using GIS Claims and Adjustment Portal

18 © 2013, NIIT Technologies Inc. 18 Enhanced Sales and Marketing using GIS GIS provides creative tools in identifying new markets, serving underdeveloped markets, and retaining existing customers. Marketing campaign planning based on penetration & demographic analysis Market campaign effectiveness analysis Customer Market analysis Customer prospecting Target Marketing Customer profiling Competitive analysis

19 © 2013, NIIT Technologies Inc. 19 GIS in Airports

20 © 2013, NIIT Technologies Inc. 20 GIS in Airport GIS assist in effective and safe operations of airports which can be utilized in Navigational chart creation Weather map analysis for safe landing of aircraft Obstacle analysis for route planning Emergency response planning Airport internal safety planning

21 © 2013, NIIT Technologies Inc. 21 Airport Authority Of India – Home page

22 © 2013, NIIT Technologies Inc. 22 NOCAS – Home/Login Page

23 © 2013, NIIT Technologies Inc. 23 NIIT Technologies 250+ Active Customers 30 Million$+ Customers Strong IP led solutions Strong Relationship with Product Vendors like, SAP, Mercator, SSP, Sabre, SITA Strong resources consists of Technology, Domain, Testing, Project Management Consultants /Analysts Focused on Aviation, Manufacturing, Insurance and Govt with the experience of delivering large programs for leading customers globally $ 375 mn revenues FY $ 375 mn revenues FY % revenues TTL vertical 1 st rank Data monitor survey Consultants Fundamentally Strong and financially stable technology player World wide operations with 15 International Delivery centres World wide operations with 15 International Delivery centres 30 years in the industry, foundation and pioneers of Indian IT revolution Flexibility Long Term Customer Relationship Focus on Vision Be the First Choice Vision Be the First Choice Mission Enable Enterprises manage information better Mission Enable Enterprises manage information better Objective Deliver exceptional customer value for industry leading growth Objective Deliver exceptional customer value for industry leading growth Strategy Focus and Differentiate Strategy Focus and Differentiate Business Direction

24 © 2013, NIIT Technologies Inc. 24 Thank You For further information: Kailash Agarwal Vice President and Head of Asia Business Development NIIT Technologies Pte ltd, Singapore Mobile:


Download ppt "© 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala Lumpur, Malaysia Sept 25 th 2013."

Similar presentations


Ads by Google