How do you deliver at scale during a CAT event, such as a hurricane? Technology has a clear role to play. But is forensic technology ready to take over to the extent that other AI and machine learning technologies have done?
Read more2020 has taught us that preparedness is crucial. We’ve seen plenty of examples this year of companies, industries, and communities that were prepared for a pandemic like COVID-19. And plenty more that were not at all or severely under prepared. For an insurance industry that is in the trenches with the impacts of COVID worldwide, a catastrophic hurricane event would only make a bad situation worse.
Read moreWide impact disasters present unique challenges for settling business interruption claims. In this blog, we’ll explore what those obstacles are and highlight how the insurance industry is responding.
Read moreLearn more about the background of Lowers Forensics International, and how the intersection of risk mitigation and forensics is serving the needs of our shared clients.
Read moreCauses of business interruption (BI) can range from something as simple as a power outage from a winter storm, to a complex cyber-attack, to something as catastrophic as a hurricane. When one of these ‘what-if’ scenarios becomes a real-life scenario, your mind will eventually, if not quickly, turn to one of cost. What is this interruption going to cost in terms of lost revenue, lost productivity, lost market share, lost opportunities, etc.?
Read moreThe risk of a catastrophic event causing a short term, long-term, or permanent shutdown of a business is growing. Learn how much a catastrophic event could cost your business, and what you can do to prepare for the worst.
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