Abstract

Effective risk management, efficiency, and transparency for Property insurance
Track: Business and Commercial
Authors: Rob Bakker

Achmea is the largest insurance company in the Netherlands. Recently Achmea has built a GIS infrastructure. This was done with a vision to lower reinsurance costs, better manage the company's assets (insurance policies) and meet governmental regulations. With GIS, Achmea has obtained insight in the geographic distribution of all the combined (non-life) insurance policies.

Using this knowledge the company has not only been able to perform risk assessments on accumulation, but also take in considering physical and environmental risks such as nearby high exposures by geo-enabling it's assets. This has led to new ways of thinking to be more competitive, increase efficiency of inspections with mobile applications, development new (insurance) products and services, and increased transparency to regulators and customers. This presentation will discuss the development of the GIS Infrastructure, it's challenges, and the way forward to extend the reach that GIS can bring to the business.