About Esri
Esri is a renowned leader in providing cutting-edge location intelligence solutions, driving innovation in the insurance industry. Our mission is to equip insurance companies with the necessary tools and insights to navigate the ever-evolving landscape and seize new opportunities.
Insurance companies face an expanding risk landscape that threatens the profitability and solvency of their portfolios. Innovative firms overcome these challenges by using location intelligence to contextualise and manage accumulated risks, generate reports, and run interactive simulations.
Achieving unparalleled situational awareness of catastrophic (CAT) events is crucial for insurance companies. Esri's customers benefit from near real-time monitoring of emergencies, enabling them to anticipate the impact on policyholders and keep decision-makers informed through up-to-date reporting.
What truly distinguishes Esri from its competitors is our spatial technology. It allows for the seamless integration of structured and unstructured data, breaking down IT silos within legacy systems. By using location as the common key, insurers can leverage disparate data sources, ultimately gaining valuable insights. Additionally, our system provides instant access to curated, authoritative worldwide data through the Living Atlas, encompassing everything from imagery to demographics. This comprehensive data empowers insurers to thoroughly understand the broader and more nuanced environments in which their business operates, providing crucial context for internal data analysis.
As our climate continues to undergo significant changes, Esri’s technology plays a pivotal role in advancing climate risk modelling and resiliency planning. With ArcGIS, stakeholders can comprehend vast amounts of diverse climate data, develop insightful information products, assess risk levels, and activate robust resiliency plans. By leveraging this reliable technology, insurers can make informed decisions that protect lives, safeguard properties, and enhance economic development.
Esri's location intelligence enables insurers to build a detailed picture of potential climate hazards. By combining climate science-based risk assessments with demographics, land cover data, and societal information, insurers gain a deeper understanding of how these risks impact policies, claims, and the overall business landscape.
At Esri, we are committed to empowering insurance companies with the tools, insights, and spatial technology needed to thrive in a rapidly changing world. With our location intelligence solutions, insurers can navigate complexities, make informed decisions, and drive success in the insurance industry and beyond.