The change of government in Peru, coupled with the threat of climate change, has thrown up new opportunities for insurers in the country, as projects targeting economic growth are reactivated, according to a piece from Rimac Seguros featured in Business Insurance at Rimac. In addition to potentially benefiting from government growth drivers, companies such as Rimac are positioning to benefit from demand for climate-related insurance, using technology, including big data and data analytics, to search for data patterns and producing flood zone and topographic maps for use in risk assessment and pricing.
The change of government in Peru, coupled with the threat of climate change, has thrown up new opportunities for insurers in the country, as projects targeting economic growth are reactivated, according to a piece from Rimac Seguros featured in World Finance. In addition to potentially benefiting from government growth drivers, companies such as Rimac are positioning to benefit from demand for climate-related insurance, using technology, including big data and data analytics, to search for data patterns and producing flood zone and topographic maps for use in risk assessment and pricing.