Overview

In the last few years, Property and Casualty insurers are enjoying a record surplus, which is fuelled by a booming economy and expanding capital levels. Due to the influx of capital, the property and casualty market has resisted significant market-wide rate increases. Property and Casualty have been highly profitable in developed markets; however, until as recently as 2015 had not entered several markets in Asia-Pacific (APAC) and South America.

Technological disruptions affect the Property and Casualty sub-verticals differently, making some opportunities better than others in emerging markets. However, the recent spate of catastrophic events and losses arising from them brings about less certainty on the impact on risk management for Property and Casualty insurers. We have worked with Property and Casualty insurers to enhance their risk management program with Aiwozo’s Artificial Intelligence (AI) capabilities.

Features and Benefits