Seeing Through the Clouds: Satellites in Insurance
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Carrier Management Guest Editor and CB Insights Analyst Mike Fitzgerald hosted a roundtable bringing together participants in the world of geospatial information systems, seeking to understand reasons behind the increased interest in applying imagery data to existing and emerging insurance problems. During the roundtable, representatives of a commercial insurer, a global reinsurer, a flood mapping specialist and an MGA creating specialty parametric insurance products describe a confluence of technology developments that are making satellite imagery more accessible to insurers of all sizes, environmental concerns that are fueling demand, as well as some remaining obstacles to broad-based acceptance by insurance underwriters.
Panelists are:
• Giacomo Favaron, Senior Specialist, Insurance Pricing, AXA XL
• James Rendell, Chief Executive Officer, BirdsEyeView Technologies Ltd.
• Pranav Pasricha, Global Head P&C Solutions, Swiss Re
• Bessie Schwarz, CEO and Co-Founder, Cloud to Street
Moderated by:
Mike Fitzgerald, Principal Analyst, Insurance, CB Insights