© 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala...

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© 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala Lumpur, Malaysia Sept 25 th 2013

Transcript of © 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala...

Page 1: © 2013, NIIT Technologies Inc. GIS in Insurance and Airports Asia Geospatial Forum 2013 Kuala Lumpur, Malaysia Sept 25 th 2013.

© 2013, NIIT Technologies Inc.

GIS in Insurance and Airports

Asia Geospatial Forum 2013Kuala Lumpur, Malaysia

Sept 25th 2013

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Natural Disasters are everywhere

World is observing more and more catastrophes day by day

Typhoon Soulik in Taiwan

Flooding in Eastern Australia

Earthquake in Southeastern Iran

Strong Eruption at Paluweh Volcano

Burning Fields in Eastern Russia

Dust storm over the Mediterranean Sea

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Risk Management with GIS

Enterprise GIS provides a single geographic view of all the risk types

surrounding an policy address/location

Proximity from

Earthquake faults, flood zones, brush fires, sink holes etc.

Identified important landmarks (Targets- Terrorism Peril)

Nearest fire station, fire hydrant

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What do insurance companies need

Precision Transparency Speed

A solution with the following features :-

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Exact Advantage 3

- Global coverage of data and reporting on a Global map.

- Rapid analysis capabilities to understand exposures to:• Historical events• Hypothetical scenarios• Live events, as they are happening

- Ability to identify clash exposures between lines of business.

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Integration with other systems

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• Delivers total maximum loss results

• Monitors potential overwriting of capacity

• Supports reinsurance purchase decision making

• Allows multi-line exposure management

• Worldwide geo-coding coverage

• Supports comparative analysis of cat and non-cat locations

• Fully auditable

• Facilitates regulatory compliance

• Integrates with cat-modelling tools

Exact Advantage – Value Drivers

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Global Map integration

Aggregation is based on the Latitude and Longitude.

Aggregation calculations is done using the Exact aggregation engine logic.

Ability to display insured locations from Exact Advantage on a global map.

Location search based on search criteria.

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Risk Management with GIS

Map based tools to effectively visualize and analyze True distribution of risk in a territory (High value policy distribution) Identify areas of high peak loss potential Segment high-risk policies by geographic sales region and territory.

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• Risk evaluation and Decision: Evaluate geographical risks for

decision Increase risk layer classifications Field Inspection Risks Traffic incidents frequency and

historical data

• Pricing Determination: Optimize rate categorization Contour based pricing model Analyzing historical claims data to

predict future trends and re-price territories

• Maintenance of Underwriting Quality:

Facilitate quick change to the underwriting guidelines

Underwriting using GIS

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Claims analysis and Processing using GIS

Map based tools to effectively visualize and analyze Claims

• Damage Zone/Path, policies effected

• Incident boundary maps & polygons to assess the potential loss

• The potential claims and open claims, fraud analysis

• Optimize claims resource utilization and deployment

• Best possible routes to claimants

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Claims analysis and Processing using GIS

Claims and Adjustment Portal

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Enhanced Sales and Marketing using GIS

GIS provides creative tools in identifying new markets, serving underdeveloped markets, and retaining existing customers.

• Marketing campaign planning based on penetration & demographic analysis

• Market campaign effectiveness analysis

• Customer Market analysis

• Customer prospecting

• Target Marketing

• Customer profiling

• Competitive analysis

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GIS in Airports

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GIS in Airport

GIS assist in effective and safe operations of airports which can be utilized in

• Navigational chart creation

• Weather map analysis for safe landing of aircraft

• Obstacle analysis for route planning

• Emergency response planning

• Airport internal safety planning

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Airport Authority Of India – Home page

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NOCAS – Home/Login Page

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NIIT Technologies

250+ Active Customers250+ Active Customers 30 Million$+ Customers30 Million$+ Customers

Strong IP led solutionsStrong IP led solutions Strong Relationship with Product Vendors

like, SAP, Mercator, SSP, Sabre, SITAStrong Relationship with Product Vendors like, SAP, Mercator, SSP, Sabre, SITA

Strong resources consists of Technology, Domain, Testing, Project Management Consultants /Analysts Strong resources consists of Technology, Domain, Testing, Project Management Consultants /Analysts

Focused on Aviation, Manufacturing, Insurance and Govt with the experience of delivering large programs for leading customers globally

$ 375 mn revenues

FY 12-13

$ 375 mn revenues

FY 12-13

42% revenues TTL vertical42% revenues TTL vertical

1st rank Data monitor survey 1st rank Data monitor survey

8000+ Consultants

8000+ Consultants

Fundamentally Strong and financially stable technology player

World wide operations with 15International Delivery centresWorld wide operations with 15International Delivery centres

30 years in the industry, foundation

and pioneers of Indian IT revolution

30 years in the industry, foundation

and pioneers of Indian IT revolution

FlexibilityFlexibility

Long Term CustomerLong Term Customer

RelationshipRelationshipFocus

on

VisionBe the First Choice

VisionBe the First Choice

MissionEnable Enterprises manage information

better

MissionEnable Enterprises manage information

betterObjectiveDeliver exceptional customer value for

industry leading growth

ObjectiveDeliver exceptional customer value for

industry leading growth

StrategyFocus and Differentiate

StrategyFocus and Differentiate

Business Direction

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Thank Thank YouYou

For further information:

Kailash AgarwalVice President and Head of Asia

Business Development

NIIT Technologies Pte ltd, Singapore [email protected]

Mobile: +65 91187370