2583 SSP RiskSA1.pdf
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2013/02/25
Blended Data Your recipe for success.
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Regulatory compliance and data security has become increasingly important and a mandatory consideration for the insurance business. And with more data being created each day at such a rate, the sheer volume of unstructured and incompatible data is daunting. So how do you conquer the big data rollercoaster?
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That’s our job - your business is about managing risk, not managing your IT. Just tell us which recipe you want and we’ll blend it for you, leaving you with the perfect, stress-free data cocktail to suit your needs. Whatever the challenge, we can help you blend your recipe for success to achieve the results you want.
Haiyan was one of the strongest tropical cyclones ever recorded. The typhoon came ashore at Category 5 strength with estimated maximum sustained winds of 315 km/h. Beyond the extremely gusty winds, the storm also prompted excessive rains and storm surge heights approaching six metres in height, the report says. “More than 1.2 million homes were damaged or destroyed and the electrical, transportation and agricultural infrastructures were decimated,” it continues. Haiyan would later make a final landfall in Vietnam, where 13 people were killed. An
additional five people died in China and 10 000 homes were destroyed. As the world faces natural catastrophes of this nature, causing untold personal losses to societies and economic losses to the insurance industry, businesses and governments, it must find solutions to build and maintain resilience. Although only one example from one small island state, the excellent risk management implicit in the Mauritian approach to extreme weather – from strict building codes, to the firm enforcement of these codes and the civil response mechanisms that accompany them – is an example to be followed. In light of increasing extreme weather events connected to global warming, perhaps insurers should be looking to improved building standards to mitigate the risk of natural disasters.
SSP - resolving today’s challenges with tomorrow’s technology. Call us on +27(0) 11 384 8600 email info.za@ssp-worldwide.co.za or visit www.ssp-worldwide.com/blendeddata to find your recipe for success.
2383 TheCheeseHasMoved
expects insured losses to run into hundreds of millions of Dollars. Impact forecasting is Aon Benfield’s catastrophe model development centre of excellence.
riskAFRICA
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