Think location for risk management

Where are your assets located? Are they at risk of damage from predicted flooding? Environmental risks are hard to prepare for without accurately understanding the location of your assets and their proximity to potential hazards.  The ability to visualise your assets with any potential risks on a map, enables you to easily identify assets that would be affected and mitigate the risk by planning for the potential disruption.

For insurers, the ability to assess the potential exposure caused by flooding and other environmental events allows risk to be managed and the portfolio to be balanced. It also provides the ability to accurately understand the geographic extent of an actual event so that potentially fraudulent claims can be identified.

The postcard below is just one example of how a map can be used to manage flood risk to assets:

Digital postcard risk.jpg

For more information on location analysis for asset management please visit: