INSURANCE

Insurance sector, as an industry is vulnerable to natural or man-made catastrophes as in one event, insurers may experience devastating losses across several product lines: life and health, property/casualty, worker's comp, liability and more. Insurers therefore need to adopt an integrated enterprise-wide view across all product lines. This is where Lepton can help risk managers in deciding how to effectively manage these interdependencies.

Lepton provides location-based intelligence, using which Lepton customers can uncover correlations, domino effects and impact across product lines. Armed with this information insurers can identify the preferred risks in their portfolio, eliminate non-renew business where necessary, reduce or balance exposure with pricing, or transfer risk to the alternative market.

Lepton provides Geospatial based solutions which help insurers determine risk factors surrounding a commercial or residential location. As a result, premiums can be set; potential risks can be analyzed within existing policy base; as well as potential risk for new policyholders can be better determined.

Lepton offers:

• Classified/zonal maps of hazard intensity along with the financial factors added on to it using latest spatial and modeling techniques.

• Maps displaying potential floods, landslides, earthquakes, wind storms, and other natural disasters to help our clients prioritize and plan risk management strategies. These maps are produced by collecting a wide range of disparate data using a combination of commercial mapping tools and having our skilled team of programmers to create project specific modeling algorithms.

• Risk management applications as a part of SpatialSoft which enable automated and fast computation of the risks. Such Geospatial applications cover a number of catastrophe perils viz. earthquake, flood, fire, hail and cyclones risks.

• With our proven skills and established record in delivering digital databases, software solutions and algorithms—we provide solutions that easily distribute decision-support and other intelligence through out the organization. This ensures that users at all levels—from underwriters to policy line risk managers to senior executives—have the ability to perform on-the-fly analysis and make more effective decisions.