Aggregating global insurance risk in real-time using Elasticsearch and H3
2021-10-01, 10:30–11:00, Bariloche

Insurance companies can underwrite millions of locations and having too much risk in one place can mean the difference between profit and loss. In this session we will explore the business challenge and understand how a geospatial platform based on Elasticsearch and the Uber H3 spatial index can help insurers make better decisions.


Insurance companies can underwrite millions of locations through complex distribution networks of brokers and direct channels and having too much risk in one place can mean the difference between profit and loss, In extreme cases a catastrophic event such as 9/11 could bring down the company completely. In this session we will explore the business challenge and understand how a geospatial platform based on Elasticsearch and the Uber H3 spatial index can help insurers make better decisions and avoid accumulation issues. The techniques that we will demonstrate are applicable to many real-world problems where we have large amounts of data that need to be visualised and analysed in real-time.


Authors and Affiliations

Mark Varley, Addresscloud, United Kingdom

Track

Use cases & applications

Topic

Business powered by FOSS4G

Level

1 - Principiants. No required specific knowledge is needed.

Language of the Presentation

English

Mark is the founder and CEO of Addresscloud, a leading provider of software services to the insurance, lending and logistics industries. Mark is an an OS Geo charter member and has spoken at both UK and International FOSS4G conferences and is a strong advocate of serverless geospatial architectures.