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Guy Carpenter & Company integrates map intelligence with risk management

Leading risk and re-insurance firm Guy Carpenter & Company has integrated new location intelligence technology into its online risk management platform.

Leading risk and re-insurance firm Guy Carpenter & Company has integrated new location intelligence technology into its online risk management platform.

The firm has integrated the Pitney Bowes MapInfo system into its I-AXS platform. With the added component of location intelligence, I-AXS enables insurance companies to analyse and visualise their portfolio exposures and losses at a granular level, helping them to make more informed re-insurance purchase decisions.

Guy Carpenter already used MicroStrategy's business intelligence technology within its I-AXS platform, and sought a way to more efficiently analyse and report data from a location perspective.

It integrated the Pitney Bowes MapInfo Location Intelligence Component with its MicroStrategy business intelligence platform and, as a result, insurance companies can now use location intelligence while concurrently accessing a range of enterprise reporting and analytic solutions.

Pitney Bowes MapInfo also enables I-AXS to use the output of standard catastrophe model applications.

Users are able to seamlessly generate maps of a catastrophe exposure based on reports as well as create reports based on maps.

Shajy Mathai, managing director of Guy Carpenter, said, "I-AXS is an ideal solution for risk managers who have previously struggled with having too much data, and not having the proper resources to manage it and fully take advantage of what the data can provide.

"The Pitney Bowes MapInfo product provides our clients with the ability to visualise this information on a map, bringing greater clarity to the decision-making process."

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